Billionaires
Nvidia’s Remarkable Stock Surge Mints Three Board Billionaires
- Director and early investor Tench Coxe is worth $5.4 billion
- Wealthiest board members have held stakes since the 1990s
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Nvidia Corp.’s banner year supercharged Chief Executive Officer Jensen Huang’s net worth to new heights. It also boosted three of the chipmaker’s longest-serving board members into the billionaire ranks, in a virtually unheard-of feat of wealth creation.
Tench Coxe, on Nvidia’s board since its startup days, is worth $5.4 billion, according to the Bloomberg Billionaires Index, which is valuing his fortune for the first time. With more than 32 million shares, he’s the company’s third-largest individual shareholder. Coxe, 66, declined to comment on his net worth.