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Nvidia (NVDA) CEO Jensen Huang Is Close to Joining World’s 20 Richest People

Feb 23, 2024 - bloomberg.com
The article discusses the recent surge in Nvidia's stock, which has significantly increased the wealth of CEO Jensen Huang. Huang's wealth has risen by $9.6 billion, making him the 21st richest person in the world and surpassing Charles Koch. He is now close to entering the list of the world's top 20 richest people.

The surge in Nvidia's stock is attributed to Huang's statement that artificial intelligence has hit a "tipping point". This statement has sparked a renewed rally in the company's stock, pushing it to new heights.

Key takeaways:

  • Nvidia's surge has put CEO Jensen Huang on the cusp of becoming one of the world's 20 richest people.
  • Huang's wealth has increased by $9.6 billion, making him the 21st richest person in the world.
  • He has now surpassed Charles Koch and is approaching the Waltons in terms of wealth.
  • Huang stated that artificial intelligence has hit a 'tipping point', which has sent the stock to new heights.
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