Posted 2/23/2024, 10:15:00 AM
Nvidia Soars to Record Highs, Propelling Founder Jensen Huang's Net Worth Up $9.6B in a Single Day
- Jensen Huang's net worth grew by $9.6 billion in one day to $69.2 billion due to a surge in Nvidia's share price following strong Q4 results
- Nvidia’s sales grew 265% to $22 billion last quarter as AI reaches a "tipping point" going mainstream
- The increase in Nvidia's market cap was the largest ever single-day gain of $277 billion
- Huang rose from the 21st to 19th richest person in one day, closing in on Julia Koch's spot
- Nvidia co-founder Charles Liang's net worth grew by a third to $7.6 billion thanks to his 12% stake in the company