Nvidia’s Stock Surge Pushes CEO’s Fortune As High as $46 Billion
Posted on AllSides August 23rd, 2023
From The Left
Nvidia Corp.’s Chief Executive Officer Jensen Huang grew as much as $4.2 billion richer after the company’s latest earnings and forecast beat estimates. The shares surged as much as 10% in aftermarket trading, boosting Huang’s total fortune to $46.1 billion, according to the Bloomberg Billionaires Index. If that gain can be sustained, Huang is poised to end up among the world’s 25 wealthiest individuals, the index shows. Huang’s 3.5% stake in Nvidia makes up the vast majority of his fortune. The company’s shares soared during the Covid-19 pandemic - when...
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