Reported about 1 month ago
Jensen Huang, the CEO of Nvidia, has fallen out of the $100 billion club after a significant drop in his net worth, losing nearly $10 billion in a single day. Following a 9.5% decline in Nvidia’s stock on Tuesday, Huang's wealth decreased from approximately $105 billion to $94.9 billion, pushing him down the ranking of the world's billionaires. Despite this setback, he has still gained about $51 billion in 2024 due to the high demand for Nvidia's chips amid the AI boom.
Source: YAHOO