Nvidia CEO Huang’s Net Worth Tops $117 Billion

By Douglas A. McIntyre Published Dec 16, 8:15AM EST

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Nvidia CEO Huang’s Net Worth Tops $117 Billion — © Slaven Vlasic / Getty Images Entertainment via Getty Images

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Nvidia Corp. (NASDAQ: NVDA | NVDA Price Prediction) CEO Jensen Huang now has a net worth similar to Walmart heirs Jim Walton, Rob Walton, and Alice Walton. That number is $117 billion. There is a huge difference. Huang made his money as an entrepreneur. The Waltons inherited their money from their father, Sam Walton, the founder of the largest employer in the country, at 1.6 million people, and the largest company by revenue at $648 billion.

24/7 Wall St. Key Points:

Nvidia Corp. (NASDAQ: NVDA) CEO Jensen Huang now has a net worth near $117 billion.
That is $73 billion more than last year.
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Huang’s net worth has jumped $73 billion this year to $117 billion. The only people with larger gains are Elon Musk (up $226 billion to $455 billion) and Mark Zuckerberg, CEO of Meta (up $91 billion to $219 billion).

Huang, born in Taiwan, moved to the United States in 1971. After graduating from Samford, he founded Nvidia in 1993. It was primarily a graphic chip and gaming chip designer for almost two decades. By 2012, it launched the early versions of its artificial intelligence (AI) chip line. However, it continued to operate in the shadow of Intel Corp. (NASDAQ: INTC), the leading chip company in the world since the 1990s.

As AI chips became the core of enterprise computing, Nvidia’s stock started to take off. In the past five years, Intel stock has been down 22%, the S&P 500 has been up 91%, and Nvidia has been 2,297% higher. Nvidia has the third largest market cap of any company in the world at $3.29 trillion. Intel’s is $88 billion. Huang owns almost 4% of Nvidia.

A handful of tech founders can be considered Huang’s peers. Each has a net worth above $100 billion. They include Elon Musk of Tesla, Bill Gates of Microsoft, Mark Zuckerberg of Meta, Larry Page and Sergey Brin of Alphabet, and Jeff Bezos of Amazon. Huang joined the list most recently. If AI has the future that some expect, Huang may become richer than them all.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.