Jensen Huang’s Net Worth Tops $106.1 Billion as Nvidia Nears $3 Trillion, Surpassing Michael Dell

Nvidia’s CEO, Jensen Huang, has climbed to become the 13th richest person in the world as Nvidia’s market value approaches $3 trillion. His net worth has reached $106.1 billion, surpassing Michael Dell of Dell Technologies.

Huang’s Rapid Wealth Growth

Huang’s wealth has grown by more than $62 billion this year due to the high demand for Nvidia’s computer chips, which are essential for artificial intelligence (AI). At 61, Huang is part of a new group of tech billionaires benefiting from the surge in AI demand. Other notable names in this group include Lisa Su of AMD and Charles Liang of Super Micro Computer Inc.

Nvidia’s Milestones and Market Impact

Nvidia, based in Santa Clara, California, became the first chip company to hit a $3 trillion market cap, surpassing Apple Inc. Huang co-founded Nvidia in 1993 and holds a 3.5% stake in the company. Nvidia’s dominance in the AI chip market has boosted its value, making it a key player that competitors like AMD and Intel strive to emulate.

Comparison with Michael Dell

Michael Dell, 59, has a net worth of $105.9 billion. He made his fortune from Dell Technologies, known for its personal computers and servers. Dell’s wealth grew as his company benefited from the AI boom, but it declined after the company’s disappointing financial results earlier this year.

Nvidia is set to continue its rapid growth by upgrading its AI accelerators every year, maintaining its leading position in the AI hardware and software market.