Meet Jensen Huang, the Nvidia CEO who is now one of the world's richest people

  • Nvidia CEO Jensen Huang is now worth $113 billion, according to the Bloomberg Billionaire Index.

  • His fortune has ballooned over the past year following a surge in Nvidia stock.

  • Huang is now richer than Rob, Jim, or Alice Walton, per the Bloomberg index.

Nvidia has emerged as one of the main winners of the AI investing craze — and the good times keep rolling for the semiconductor giant.

One obvious winner anytime the year's hottest stock surges is Nvidia CEO and cofounder Jensen Huang. His net worth jumped over the past year, according to data from Bloomberg, as investors seized on better-than-expected sales and profits.

Huang's personal fortune of $113 billion now puts him 13th on the outlet's Billionaires Index. He's richer than every Walmart heir, including founder Sam Walton's three children Rob, Jim, and Alice.

Here's everything you need to know about Huang, who rocks a leather jacket everywhere he goes and reportedly got a tattoo of Nvidia's logo once the company's share price hit $100.

Nvidia CEO Jensen Huang is now worth $113 billion.

Jensen Huang — Nvidia CEO Jensen Huang speaks during a press conference at The MGM during CES 2018 in Las Vegas on January 7, 2018.
Nvidia CEO Jensen HuangMandel Ngan/AFP/Getty Images

Most of Huang's wealth comes from his 3.5% stake in the Santa Clara-based chipmaker, according to the company's 2023 annual report.

The jump in Nvidia stock follows another set of blockbuster quarterly earnings as the generative AI boom continues.

In June, Nvidia became the most valuable company in the world, worth $3.35 trillion, but has since fallen back behind Microsoft and Apple.

The chip maker reached the $3 trillion milestone three decades after its launch in 1993. Apple took nearly five decades to achieve the same valuation.

He moved to the US as a child.

Jen-Hsun Huang, CEO of Nvidia Corp., gives a keynote presentation during the GPU Technology Conference in San Jose, California. Huang later unveiled the Titan X CPU operating with a GeForce GTX Titan X graphics card during the presentation.
Jen-Hsun Huang, CEO of Nvidia Corp., gives a keynote presentation during the GPU Technology Conference in San Jose, California. Huang later unveiled the Titan X CPU operating with a GeForce GTX Titan X graphics card during the presentation.Kim Kulish/Corbis/Getty Images

Born as Jen-hsun Huang in Taipei in 1963, Huang spent part of his childhood in Taiwan and Thailand, per Bloomberg.

In 1973, Huang's parents sent their children to relatives in the US owing to the social unrest in the Southeast Asian country, before relocating there themselves.

Huang's aunt and uncle — who were recent migrants to Washington state at the time — accidentally sent Jensen and his brother to Oneida Baptist Institute in Kentucky, which was considered a reform school instead of a prep school, according to Huang's 2002 interview with Wired.

"And the kids were really tough," Huang told NPR in a 2012 interview. "They all had pocket knives — and when they get in fights, it's not pretty. Kids get hurt."

Students at the school also had to work, and Huang's duty was to clean the bathrooms.

"The ending of the story is I loved the time I was there," Huang told NPR. "We worked really hard — we studied really hard, and the kids were really tough."

In 2019, he and his wife Lori donated $2 million toward building a female dormitory and classroom building at the school, per the institute's website.

He loves computer games and studied electrical engineering.

nvidia jen-hsun huang ceo
Nvidia CEO and president Jen-Hsun Huang plays with a game using Nvidia's Physx technology for gaming, at the International Consumer Electronics Show in Las Vegas, Thursday, Jan. 8, 2009.AP Photo / Paul Sakuma

Huang and his brother eventually moved to Oregon where they rejoined the family.

During his time as a high schooler in Beaverton, he was a nationally ranked junior table tennis champion, according to a 2017 profile on Oregon State University, or OSU, where Huang attended college.

Huang also holds a Master's degree in electrical engineering from Stanford.



Huang met his wife, Lori Mills, in his freshman year of college.

Oregon State University
Jensen attended Oregon State University where he studied electrical engineering.Jonathan Ferrey / Contributor/Getty Images.

The couple have two children, according to OSU's profile.

"I enjoyed computers growing up, but OSU opened up my eyes to the magic behind them," he told the university.

Huang graduated in 1984 — the "perfect year to graduate," he said at a keynote speech at National Taiwan University's commencement ceremony this year, per Fortune. That was the same year when the first Mac computers were released, bringing forth a new age in personal computing.

After graduating from OSU, Huang worked at chip companies LSI Logic and Advanced Micro Devices in a variety of roles, according to his bio on Nvidia's website.

He founded Nvidia in 1993 after leaving LSI Logic.

Huang founded Nvidia while dining at Denny's.


Nvidia was founded in 1993 at a Denny's restaurant where he was meeting with two friends, Chris Malachowsky and Curtis Priem, per The Wall Street Journal.

The trio "wondered whether starting a graphics company would be a good idea," Huang told Stanford University's engineering school in a 2010 interview.

"We brainstormed and fantasized about what kind of company it would be and the world we could help. It was fun," he told Stanford.

Denny's was also where Huang part-timed when he was a student, per a 2010 New York Times interview. There, he learned how to be more outgoing.

"I was a very good student and I was always focused and driven. But I was very introverted. I was incredibly shy," he told the Times. "The one experience that pulled me out of my shell was waiting tables at Denny's. I was horrified by the prospect of having to talk to people."

Huang is 61, making him years older than Bill Gates and Jeff Bezos when they left day-to-day operations at 52 and 57 years old, respectively.

There are few signs he plans to slow down.

"Nothing is more fun to me than to build a once-in-a-generation company with all of my friends here," Huang told Business Insider in 2021 . "I can't imagine wanting to do anything other than that."

Huang is now one of the biggest winners of the AI boom.

Nvidia CEO Jensen Huang.
Huang believes that generative AI has hit a "new tipping point."Mohd Rasfan/AFP/Getty Images

Nvidia has made itself a key player in the AI boom by supplying hardware to major companies, including OpenAI, Google, Microsoft, and Amazon.

Demand for the company's hardware has been driven by several factors, including a sophisticated software system that makes its chips simple to use as well as a shortage of AI chips.

Huang now believes we've hit a new threshold in the AI hype cycle. "Accelerated computing and generative AI have hit the tipping point. Demand is surging worldwide across companies, industries, and nations," Huang said in the company's fourth-quarter earnings press release.


Huang cashed in on Nvidia's success by selling shares worth $169 million

Jensen Huang
Jensen Huang at the Taipei Dome in Taipei, Taiwan.Gene Wang/Getty Images

According to Bloomberg, Huang sold 1.3 million Nvidia shares in June, worth nearly $169 million.

The sale came in the same month as Nvidia's market value reached $3 trillion for the first time and briefly peaked as the world's most valuable company.

It's the most Huang has netted from selling stock in a single month.

Nvidia did not respond to a request for comment on the sale.

Editor's note: This story has been updated to reflect movements in Nvidia's share price and Jensen Huang's net worth.

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