Nvidia Chip King's Fortune Doubles This Year to $27.3 Billion on AI Boom

Jensen Huang's wealth has grown at a faster rate in 2023 than any other US billionaire.

Nvidia’s Jensen Huang.

Photographer: Caitlin O'Hara/Bloomberg
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Insatiable demand for artificial intelligence investments has made chipmaker Nvidia Corp. the best-performing stock on the S&P 500 this year. It’s also given the fortune of Chief Executive Officer Jensen Huang a major boost.

Huang’s wealth has grown 98% this year to $27.3 billion, making him the biggest gainer among US and global tech billionaires, according to the Bloomberg Billionaires Index.