Nvidia CEO Jensen Huang’s Net Worth Drops $2.5 Billion

By Douglas A. McIntyre Published Feb 27, 9:15AM EST

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Nvidia Corp. (NASDAQ: NVDA) just announced blowout earnings.
Yet, CEO Jensen Huang’s net worth dropped by $2.5 billion afterward.

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Nvidia CEO Jensen Huang’s Net Worth Drops $2.5 Billion — © Slaven Vlasic / Getty Images Entertainment via Getty Images

Nvidia Corp. (NASDAQ: NVDA | NVDA Price Prediction) just announced blowout earnings. However, the market remained skeptical about the company’s fortunes, and its stock traded flat after the report. Due to these concerns, Nvidia’s stock is down 8% for the past month, while the S&P 500 is off 4%. Nvidia CEO Jensen Huang’s net worth is closely tied to its share price. So far this year, his net worth has dropped $2.5 billion to $112 billion, which makes him the world’s 15th richest person, according to the Bloomberg Billionaire Index.

Huang co-founded Nvidia in 1993 and has been its CEO and president since then. The price of the shares has skyrocketed 1,844% in the past five years. Its market cap is $3.22 billion, which puts it second to Apple ($3.26 billion). Huang owns almost 4% of Nvidia’s shares.

Nvidia started to provide graphics chips for gaming and multimedia. For years, Intel Corp. (NASDAQ: INTC), which made most of the chips for personal computers and commercial servers, overshadowed Nvidia. (As the need for Intel’s chips fell off, the company faltered. Its stock price is off 57% over the past five years.)

Nvidia began to build chips for early artificial intelligence (AI) functions in 2012. In 2022, it launched its Omniverse platform, which has evolved into the chip families that run most AI applications. By 2023 Nvidia had over two-thirds of the data-center AI chip market. Some analysts put the figure as high as 80%.

Tech companies and data center operations are expected to invest $1 trillion in AI expansion over the next five years. These investments will almost certainly be led by some of the world’s richest companies: Microsoft, Amazon, and Meta. If Nvidia holds its market share, Huang is likely to get richer.

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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.