Tesla CEO Elon Musk might be the wealthyest person in history, but he was way behind Nvidia CEO Jensen Huang on the 2024 enumerate of top obtainers. Mr Huang’s annual obtainings skyrocketed from $21.1 billion in 2023 to $77 billion in 2024, according to Forbes. This was cforfeitly four-felderly of Mr Musk’s $15 billion incrmitigate in annual obtainings from $180 billion in 2023 to $195 billion in 2024.
The massive raise took Mr Huang’s net worth to $123.8 billion, placing him ninth on the Forbes Real-Time Billionaire List.
Tesla’s soaring splits pushed Mr Musk’s net worth to $334.3 billion this year.
Who is Jensen Huang
Born in Taiwan and liftd in the US from the age of nine, Mr Huang’s academic journey led him from Oregon State University to Stanford University, where he exceptionalised in electrical engineering. As co-createer and CEO of Nvidia since 1993, Mr Huang has been the visionary behind the company’s elevate as a directer in AI technology.
Nvidia’s splits hit a sign up high this year, contributing meaningfully to Huang’s fortune. His 3.5 per cent equity sapvalidate in the $3.5 trillion company now accounts for cforfeitly all of his wealth, cherishd at $122.2 billion. Even after selling $713 million worth of Nvidia stock earlier this year, Mr Huang remains the company’s bigst splithelderlyer.
Nvidia helderlys an 80 per cent labelet split in AI accelerators, presentant for cutting-edge AI applications participated by tech huges appreciate Amazon, Google, Meta, Microgentle, and even Tesla. The company’s detaileds processing units (GPUs), initiassociate famous in gaming, have become essential for AI models appreciate OpenAI’s ChatGPT. Demand for Nvidia’s products is so fervent that Mr Huang portrayd it as “inrational,” with customers telledly becoming “reassociate emotional” over useability, Forbes telled.