Catenaa, Sunday, May 18, 2025-The net worth ofJensen Huang, the CEO of Nvidia, increased to about $120 billion last Tuesday, up from $80 billion just a year ago.
This rise follows a boom in demand for the company’s artificial intelligence (AI) chips, which has significantly boosted Nvidia’s stock price.
The company’s shares climbed 5.6% to $129.93 following news of a major deal with Saudi Arabia, where Nvidia is set to sell hundreds of thousands of AI chips.
The deal, which also involves a partnership with an AI startup launched by Saudi Arabia’s sovereign wealth fund, marks a significant expansion for Nvidia in the AI sector.
The company’s market value recently hit $3 trillion, cementing its dominance in the AI semiconductor industry.
Huang’s strategic leadership in positioning Nvidia as a key player in the AI space has made the company one of the most valuable in the world.
The latest surge in his net worth places him just outside the top ten of the world’s richest individuals, according to Forbes’ real-time billionaires list.
