Nvidia CEO Jensen Huang’s wealth has reached an impressive $109.2 billion, putting him ahead of Intel, whose stock has struggled following financial challenges revealed in August.
This has led to playful remarks online, with some suggesting that Huang might buy out Intel.
The surge in Nvidia’s stock, fueled by the AI boom, made it the most valuable company by market capitalization last June.
Though shares have since dropped around 10%, Nvidia remains one of the top five tech companies, alongside Apple, Microsoft, Alphabet, and Amazon.
Huang holds more than 75 million Nvidia shares directly, and an additional 786 million through trusts and partnerships. Even after selling 6 million shares for over $700 million this year, his Nvidia holdings are still valued above $100 billion.
This success has propelled him to 11th place on Forbes’ real-time billionaires list, just a step away from the top 10.