Meet Jensen Huang: The Visionary Behind NVIDIA’s Rise to Surpass Apple and Microsoft

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Jensen Huang, CEO of NVIDIA, has ascended to the 11th position among the world’s wealthiest individuals, with his net worth rising by over $4 billion. This marks his highest rank to date on Forbes’ live billionaire rankings, following Nvidia’s achievement as the world’s most valuable publicly traded company due to a surge driven by artificial intelligence. With Nvidia’s shares climbing more than 3% on June 18, Jensen Huang’s net worth has now reached approximately $119 billion.

Here’s All You Need to Know About The Man Whose Company Has Surpassed Microsoft And Apple:

Jensen Huang was born in 1963 in Taiwan and moved to the United States at a young age. He earned a Bachelor of Science degree in electrical engineering from Oregon State University and later obtained a master’s degree in electrical engineering from Stanford University.Huang co-founded Nvidia  with Chris Malachowsky and Curtis Priem in 1993 and has been its CEO and president since then.Known for his visionary leadership and hands-on approach, Huang has been instrumental in shaping Nvidia’s corporate culture and strategic direction.Nvidia went public in 1999 and has experienced significant growth in recent years, including a recent stock split that lowered its share price from over $1,200 to below $130.Huang’s current net worth surged by over $4 billion in a single day, propelling him to become the 11th richest person globally, according to Forbes.He owns a 3% stake in Nvidia, which has contributed to his wealth growth amid the company’s soaring market cap of $3.33 trillion.Despite starting 2024 with a net worth of $77 billion, Huang’s wealth has increased dramatically, with Forbes estimating a total rise of $114 billion over the past five years.Nvidia’s market dominance in AI technology, particularly in chips used for data analytics and autonomous vehicles, has driven its market value to surpass that of Microsoft and Apple.The company’s shares have more than doubled in value this year alone and have increased by over 1,100% since their low in October 2022.In its latest financial report, Nvidia reported a revenue increase to $26 billion and a seven-fold surge in net income to $14.9 billion, reflecting its robust financial performance driven by AI advancements. Meet Jensen Huang: The Visionary Behind NVIDIA’s Rise to Surpass Apple and Microsoft  world-news World News | Latest International Global World News | Todays Breaking News Headlines