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Jensen Huang is billions richer as Nvidia overtakes Apple to become world's most valuable company

  • Jensen Huang, CEO of Nvidia, is now the 11th wealthiest person in the world with a net worth of $122 billion.
  • Most of Huang's wealth comes from his 3.5% stake in the Santa Clara-based chipmaker.
  • Nvidia overtook Apple on Tuesday to become the world's most valuable company, with a market cap of $3.43tn.
  • Nvidia has been one of the key beneficiaries of the AI investing craze, m which saw its sales and profits soar.
  • Huang co-founded Nvidia in 1993 and sold 1.3 million shares in June 2021, worth almost $169 million.
  • Huang moved to the US as a child and studied electrical engineering before founding Nvidia with two friends in 1993.
  • Nvidia supplies hardware to major AI players, including Google, Amazon and Microsoft.
  • Huang believes that generative AI has now hit a 'new tipping point'.
  • Huang and his wife made a $2m donation in 2019 to the Oneida Baptist Institute, where Huang studied as a child.
  • Despite his wealth, Huang reportedly still enjoys wearing a leather jacket everywhere he goes.

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