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Jensen Huang made $109 billion on Nvidia - enough to buy Intel (with the rest)

Jensen Huang made $109 billion on Nvidia - enough to buy Intel (with the rest)
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Currently, the personal wealth of Nvidia's CEO is estimated at $109 billion, surpassing Intel's market capitalization of $96 billion, reports Tom's Hardware. In fact, if Huang were to suddenly decide to buy the "blue" company, he would receive at least $13 billion in change.

In August, Intel's financial troubles became known—one of the largest crises in its 50-year history, which prompted the company to announce the layoff of thousands of employees and suspend dividend payments as part of cost-cutting measures. By the end of that month, director Lip-Bu Tan left the company, and in September, Intel stated its plans to separate the chip manufacturing and design departments, as well as pause the construction of certain factories. Subsequently, rumors also spread about a potential acquisition of the company by Qualcomm.

In comparison, back in 2020, Intel's market value reached $290 billion; this year, the company's stock has plummeted by a staggering 60%.

In Nvidia's case, the situation is drastically different—the shares of the leading global manufacturer of graphics processors for AI have soared sharply, even temporarily earning it the title of the world's most valuable company with a valuation of $3.34 trillion. Since then, Nvidia's stock has fallen by at least 10%, but the company still ranks third among tech giants like Apple, Microsoft, Alphabet (Google), and Amazon.

The company's growth has also benefitted Huang himself, who directly owns over 75 million shares of Nvidia, in addition to another 786 million through various trusts and partnerships. His total estimated holdings in Nvidia exceed $100 billion—Jensen is currently ranked 11th on Forbes' billionaire list.

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