Nvidia CEO Jensen Huang, 62, has reached the identical quantity of wealth as Warren Buffett.
Huang and Buffett have been ping-ponging backwards and forwards for the No. 9 and No. 10 richest folks spots with round $143 billion to $144 billion in wealth every, based on Bloomberg’s Billionaires Index.
Associated: Nvidia Pulls Ahead of Apple and Microsoft to Become the World’s First $4 Trillion Public Company
Huang, who has been selling Nvidia stock as a part of pre-arranged agreements, has gained $28.7 billion in wealth this yr alone, per the Index. He unloaded $36.4 million price of inventory on July 8, per an SEC filing.
Earlier this week, Nvidia turned the world’s first-ever $4 trillion firm, flying previous Microsoft and Apple. Huang has offered greater than $1.9 billion in Nvidia shares so far, per Bloomberg.
Huang co-founded Nvidia in 1993 and has been leading it ever since. He owned about 3.5% of the AI chipmaker as of March.
CNBC reports that Huang nonetheless has greater than 858 million shares of Nvidia in varied trusts and partnerships.
Associated: ‘Decade of Autonomous Vehicles’: Nvidia CEO Predicts Major Growth in Robotics, Self-Driving Cars
