Jensen Huang’s wealth grew significantly in 2024. Nvidia’s success in the AI sector fueled this growth. His net worth reached over $45 billion. This put him behind Elon Musk and Mark Zuckerberg in wealth gains. Nvidia’s stock soared by 177%. Huang owns about 3.5% of the company. Musk and Zuckerberg also saw massive increases in their wealth.
Nvidia CEO Jensen Huang has experienced one of the most remarkable increases in net worth this year, placing him right behind Elon Musk and Mark Zuckerberg. The Bloomberg Billionaires Index reveals that Huang has experienced a $76 billion surge in his net worth in 2024. This increase surpasses even that of Jeff Bezos, who holds the title of the second-richest person in the world. The growth in Huang’s wealth is largely attributed to Nvidia’s dominance in the artificial intelligence and semiconductor sectors, which have seen explosive growth this year.
Nvidia, under Huang’s leadership, has become a key player in the booming AI industry, with its graphics processing units (GPUs) playing a critical role in powering everything from generative AI to cloud computing. The company’s chips are essential for training advanced AI models, and as demand for AI technology skyrocketed, Nvidia’s market value followed suit, reaching new all-time highs.
Jensen Huang’s net worth
As of recent estimates, Huang’s net worth has soared to more than $45 billion. This surge in wealth has positioned Huang as one of the top three beneficiaries of the AI boom, following Musk, who has made billions from Tesla and SpaceX, and Zuckerberg, whose net worth has seen a significant boost thanks to Meta’s pivot towards the metaverse and AI-driven technologies.
Nvidia’s shares, which account for the majority of Jensen Huang’s fortune, have soared by 177% in 2024. Huang, along with his family trusts, owns approximately a 3.5% stake in the company. This impressive performance follows an even more remarkable return of nearly 240% in 2023, highlighting the company’s continued dominance in the AI and semiconductor sectors. The company’s explosive growth has cemented Huang’s position as one of the world’s wealthiest individuals.
How it compares with Elon Musk and Mark Zuckerberg
To compare, Elon Musk, CEO of Tesla, added the most to his fortune in 2024, becoming the first person to surpass a $400 billion net worth. This milestone helped boost Musk’s wealth by 77%. Meanwhile, Meta CEO Mark Zuckerberg’s net worth surged by $95 billion to $223 billion this year, briefly overtaking Jeff Bezos in October. The rally in Meta Platforms Inc. shares, up 78% in 2024, played a key role in Zuckerberg’s ascent.
