NVIDIA boss Jenson Huang has made his place in the list of the world’s richest people, leaving behind famous investor Warren Buffet.
Jenson Huang of the world’s most precious company NVIDIA has done amazing. He has made his place in the list of world’s richest people, leaving behind famous investor Warren Buffet. According to the Bloomberg Billionaire Index, Jenson Huang’s total assets have now reached $ 144 billion. With this, he has joined the list of top-10 rich of the world for the first time and holds ninth. At the same time, Warren Buffet has slipped to tenth position with assets of $ 143 billion. This year, Jenson’s wealth has seen a great jump of $ 29.4 billion.
Jenson has sold shares worth $ 3.64 million
Jenson Huang has recently sold shares worth about $ 3.64 million to NVIDIA. According to a CNBC report, he sold 2,25,000 shares, which is part of a pre -fixed plan. Under this plan, Jenson can sell 60 lakh shares of NVIDIA by the end of this year. Earlier in June too, he sold shares worth $ 1.5 million under this scheme. If we talk about last year, Jenson sold shares worth about $ 70 million. Nevertheless, he still has more than 85.8 crore shares of NVIDIA, which is directly or through partnership and trust.
NVidia’s market cap has reached 4 trillion dollars
NVIDIA is today the first such company in the world whose market cap has reached 4 trillion dollars. The growing demand in the world of Artificial Intelligence (AI) has given the speed of rocket to NVIDIA shares. The company’s GPU i.e. graphics processing unit has now become very important to make and run big language models. GPU is a special kind of processor, which works to process graphics in computer. As the demand of AI hardware increases, the dominance of NVIDIA has also increased, and along with this, the property of Jenson Huang is also touching the sky.
Jenson gets a place in the top-10 list
Jenson Huang is ruled by this success of NVidia unanimous Raj in the field of AI. The boom in the company’s shares not only brought the company to new heights, but also included Jenson in the list of the world’s richest people. His hard work and smart planning gave him a chance to beat a veteran like Warren Buffet. Making a place in the top-10 in the list of Bloomberg is not a small matter, and Jenson did this.
Looking at the speed of Nvidia and the strategy of Jenson, it seems that their property may increase further. Nvidia’s dominance in the world of AI is expected to increase further. Jenson’s share sales plan may be in discussion, but he still has a huge stake in the company.