Nvidia’s Stock Surge Pushes CEO’s Fortune as High as $46 Billion

WATCH: Nvidia said sales will be about $16 billion in the three months ending in October, beating estimates. Ed Ludlow reports.Source: Bloomberg

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By Anders Melin

August 24, 2023 at 4:21 AM UTC

This article is for subscribers only.

Nvidia Corp.’s Chief Executive Officer Jensen Huang grew as much as $4.2 billion richer after the company’s latest earnings and forecast beat estimates.

The shares surged as much as 10% in aftermarket trading, boosting Huang’s total fortune to $46.1 billion, according to the Bloomberg Billionaires Index. If that gain can be sustained, Huang is poised to end up among the world’s 25 wealthiest individuals, the index shows.