Nvidia’s CEO — yes, one person — is now worth more than all of Intel

Nvidia is one of the richest companies in the world, so it’s no surprise that the company’s CEO, Jensen Huang, is quite wealthy. The most recent net worth numbers from Forbes puts into context just how wealthy the executive really is, though. Huang has an estimated net worth of $109.2 billion, which is around $13 billion more than the market cap of Intel across the entire company.

Although Nvidia makes some of the best graphics cards, the obscene amount of money the company has racked up over the past two years stems from its AI accelerators. In 2020, Forbes estimated that Huang was worth $4.7 billion, and even in 2023, after ChatGPT had already exploded onto the scene, the executive was worth $21.1 billion. Now, Huang is the 11th richest person in the world, outpacing Bill Gates, Michael Dell, and Michael Bloomberg.

Recommended Videos

Huang and other Nvidia executives are making good on that value, too. Earlier this month, Nvidia executives sold almost 11 million shares, accounting for $1.8 billion. Huang aso cashed in $713 million in shares, according to Bloomberg.

Get your weekly teardown of the tech behind PC gaming

ReSpec

Subscribe

Check your inbox!

Privacy Policy

Intel, meanwhile, has its lowest market cap since December 2008, during the housing market crash. During that time, Intel’s market cap dipped to $71 billion. The company peaked in early 2000 with a market cap over $500 billion, and it sat around $250 billion throughout 2020 and 2021. The dip now comes on the back of financial troubles within Intel, which has prompted shareholders to sue the company and Intel to split its Foundry business into its own subsidiary.

Comparing net worth to market cap isn’t exactly one-to-one — and at some level, these two numbers themselves represent value more so than actual money. However, it puts into context just how massive Nvidia has become over the past year. Nvidia’s market cap is over $3 trillion, making it the third-richest company in the world. Nvidia is worth more than Google and Amazon, and it’s worth more than Walmart, Tesla, Visa, and Netflix combined.

It certainly helps that the top two richest companies in the world, Microsoft and Apple, have spent big with Nvidia over the past few years. Microsoft has been clear that Nvidia GPUs are the backbone of the infrastructure that built ChatGPT, and with AI continuing to be a hot commodity, Nvidia shows no signs of slowing down. However, the recent share sale from Nvidia’s executives suggests the boom may not last forever.

Editors’ Recommendations

  • PC gaming is more popular than ever — so why is it still so frustrating?

  • Nearly two years later, AMD’s RX 7000 GPUs don’t even make up 1% of Steam players

  • The RTX 5090 will reportedly require 600 watts of power

  • Nvidia is reportedly sunsetting the RTX 4090

  • Nvidia’s most underrated DLSS feature deserves far more attention




Related posts

Latest posts

The amazing story of how a cooler and app have transformed organ transplants

What started as a conversation about a new app, became a story about how new technology from a company called Paragonix has transformed organ transplants.

AMD’s RX 9070 XT might be cheap, but that may not be enough

AMD is said to be pricing the RX 9070 XT very aggressively, but that may not be enough to bring back the hype.

Google brings Gboard voice typing toolbar beta to Pixel

Google is beta testing the new Assistant Voice Typing toolbar for the Gboard app within Pixel phones.

These dedicated Google Assistant car mics might be on the way out

Code found in the latest beta version of the Google app suggests third-party Google Assistant accessories might be shutting down.

Honor’s Yoyo Assistant gets a DeepSeek upgrade

Honor is upgrading its YoYo Assistant with DeepSeek-R1, granting it better contextual understanding and language processing.

Microsoft sort of brings back Menu key after Copilot backlash

Microsoft has heard your cries and is finally letting you do something you wanted for a while with the Copilot key. It's kind of bringing back a button it removed .

OpenAI’s custom chip design is near completion

A new report suggests OpenAI is in the process of developing its first in-house AI chip, for early production with TSMC in 2025.

A Musk-backed group just offered a $97 billion unsolicited bid for OpenAI

In the latest salvo of the six-year-long feud between Sam Altman and Elon Musk, a group backed by the latter just made a $97 billion bid for OpenAI.

This HP Envy 2-in-1 with Copilot is nearly half off at Best Buy

The HP Envy 16 2-in-1 laptop, a versatile device with a 16-inch WUXGA touchscreen and the AMD Ryzen 5 8640HS processor, is on sale from Best Buy at $400 off.

Want a Copilot+ laptop? Get the Microsoft Surface Pro 11 while it’s $350 off

The Microsoft Surface Pro 11, a powerful Copilot+ laptop that comes with a detachable keyboard, is on sale from Best Buy for $1,000 following a $350 discount.