Jensen Huang Passes Mark Zuckerberg, Larry Ellison: Here’s How Much Nvidia CEO is Worth
Nvidia shares surged 8.7% to close at $227.98, approaching their all-time high of $236.54 following strong second-quarter financial earnings and an optimistic growth outlook. Although shares initially experienced brief volatility immediately after the earnings release, positive details from the earnings conference call regarding chip supply and demand drove aggressive buying across the market. A key catalyst for the rally was the company providing unofficial long-term revenue guidance projecting fiscal 2028 revenue to surge by 70% year-over-year. Analysts noted that projected revenue growth could exceed 100% were it not for ongoing hardware supply constraints, prompting several Wall Street firms to raise their price targets on the semiconductor giant. The sharp rally added an estimated $14.9 billion to the personal fortune of founder and CEO Jensen Huang, lifting his total net worth to $196.1 billion. The 8.2% wealth gain elevated Huang to the sixth position on the Forbes Billionaires List, surpassing Meta founder Mark Zuckerberg and Oracle chairman Larry Ellison.