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Nvidia CEO Jensen Huang sells shares worth $36 million, net worth nears Buffett

Nvidia CEO Jensen Huang sells shares worth $36 million, net worth nears Buffett

Economic Times3 days ago
Jensen Huang, Nvidia's CEO, has sold company shares worth $36.4 million. This sale is part of a prearranged trading plan.
Synopsis Nvidia CEO Jensen Huang has sold $36.4 million worth of his company's shares, adding to previous sales under a prearranged trading plan. This move comes as Huang's wealth approaches Warren Buffett's due to Nvidia's success in the AI hardware market. Despite the sales, Huang still holds a significant number of Nvidia shares. Nvidia CEO Jensen Huang has sold shares of the chipmaking giant worth approximately $36.4 million, further trimming his holdings in the company he co-founded. The move comes as Huang's soaring net worth places him in close proximity to legendary investor Warren Buffett in global wealth rankings.
ADVERTISEMENT According to CNBC reports, the latest transaction involved 225,000 shares and was part of a broader trading plan adopted in March, which allows Huang to sell up to six million shares of Nvidia through the end of 2025.
He had earlier sold a separate tranche in June worth around $15 million under the same arrangement.
Last year, Huang had divested nearly $700 million worth of shares under a similar prearranged plan. Following the most recent disclosure, Nvidia shares rose by about 1% in Friday trading, CNBC reported.The tech executive's wealth has surged alongside Nvidia's meteoric rise as a leader in the artificial intelligence hardware space. The company's GPUs have become indispensable for training and running large language models, fueling massive demand from both enterprises and investors.As per CNBC, Huang's net worth has jumped by over $29 billion just in 2025 so far, marking a gain of more than 25%. Bloomberg's Billionaires Index estimates his fortune at $143 billion, placing him nearly neck and neck with Berkshire Hathaway chairman Warren Buffett, who stands at $144 billion.
ADVERTISEMENT The company itself has hit record-breaking milestones in recent months. CNBC noted that Nvidia became the first U.S. firm to cross a $4 trillion market capitalization earlier this week, surpassing tech giants Microsoft and Apple in the process.Despite his ongoing stock sales, Huang continues to hold over 858 million Nvidia shares, both directly and indirectly through various partnerships and trusts.
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Also read: Use market dips to build portfolios; these 8 sectors have high growth potential: Alok Agarwal
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