Nvidia CEO Jensen Huang has sold approximately $36.4 million worth of company stock, according to a recent filing with the U.S. Securities and Exchange Commission (SEC). The sale included 225,000 shares and is part of a broader plan initiated in March to sell up to six million shares through the end of 2025.
This marks Huang’s second sale under the plan, following a $15 million transaction in June. Last year, the tech executive sold nearly $700 million in shares under a similar prearranged agreement.
Net Worth Surges Amid AI Boom
As Nvidia’s stock continues to soar, fueled by global demand for AI chips and large language model infrastructure, Huang’s net worth has grown dramatically. According to Bloomberg’s Billionaires Index, his fortune now stands at $143 billion, just shy of Warren Buffett’s $144 billion.
Fortune reported that Huang’s wealth may have briefly surpassed Buffett’s, citing updated valuations that placed the Nvidia founder at $143.7 billion versus Buffett’s $142.1 billion.
Nvidia Hits $4 Trillion Market Cap
The Santa Clara-based chipmaker has been breaking records of its own. On Wednesday, Nvidia became the first company to exceed a $4 trillion market capitalization, briefly surpassing Microsoft and Apple in valuation.
These milestones follow significant investor interest in Nvidia’s AI capabilities, making it a central player in the development of next-gen computing infrastructure.
Other Executives Sell Shares
Brooke Seawell, a longtime board member and venture partner at New Enterprise Associates, also sold $24 million worth of Nvidia stock, according to the SEC. Despite the recent sales, Huang retains over 858 million shares in the company through various trusts and partnerships.
With continued momentum in AI and strong market performance, Huang’s financial trajectory remains closely tied to Nvidia’s future dominance in the tech sector.