Jensen Huang‘s net worth has been a topic of significant interest among fans ever since Elon Musk commended him for his attitude and work ethic. He stated that no job was beneath him, even mentioning that he used to clean toilets in his early days. Just 2 weeks ago, NVIDIA overtook Microsoft and Apple to claim the title of the world’s most valuable company.
Here are all the details regarding Jensen Huang’s financial status in 2024 as president and CEO of Nvidia.
What is Jensen Huang’s net worth in 2024?
Jensen Huang has an estimated net worth of $119 billion in 2024.
Jensen Huang, also called ‘Jen-Hsun’, is an American entrepreneur and electrical engineer. He is currently the president and CEO of Nvidia. Huang helped start Nvidia in 1993 when he was 30 years old. Moreover, by June 2024, it had become the biggest company in the world in terms of market capitalization. He is known to be the 11th richest person in the world, as per Forbes’s real-time billionaire list.
Jensen Huang’s earnings explained — how does he make money?
Huang’s net worth increased by more than $4 billion following Nvidia’s rise as the world’s most valuable public company, driven by artificial intelligence. With his company’s shares rising over 3%, Huang’s net worth reached close to $119 billion.
CEO salary
CEO Jensen Huang started as a busboy at a Denny’s restaurant. Fast forward to today, he came up with the concept for Nvidia while sitting in the same booth where he used to clean tables, wash dishes, and clean toilets. According to him, those humble beginnings greatly influence his leadership style now. Jensen Huang rakes in most of his income from his CEO salary and also holds a 3% ownership in Nvidia. His net worth was estimated at $77 billion at the start of 2024 by Forbes. With the company’s market cap soaring by 177% to $3 trillion. He has now decided to sell 600,000 shares of the company by March 2025.
NVIDIA shares
The engineer-turned-tech mogul, Jensen Huang, owes his wealth to a 3.5% stake in Nvidia, a computer chip company based in Santa Clara, California. He co-founded the company in 1993 alongside Chris Malachosky and Curtis Priem and has remained as Nvidia’s CEO and president since then. In June, Nvidia became the first computer chip company to reach a market capitalization of $3 trillion, surpassing even Apple Inc. Despite a recent stock split that brought Nvidia’s share price down to under $130 from over $1,200, Jensen Huang’s Nvidia continues to dominate with its hardware and software solutions that competitors are struggling to match.
