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Jen-Hsun “Jensen” Huang has risen to prominence as the innovative co-founder, president and chief executive officer of Nvidia (NVDA), a leader in introducing graphics processing units (GPUs) that have powered industries like gaming, artificial intelligence (AI), and autonomous driving.
What is the net worth of Jensen Huang and his family? Who is Jensen Huang’s wife? This article takes a look at Huang’s wealth, career highlights, and family life to see how he got to where he is today.
Key Takeaways
- Jensen Huang’s net worth in 2024 is estimated at $106 billion, reflecting his share ownership in Nvidia, the company he co-founded more than 30 years ago.
- Nvidia’s stock performance directly influences Huang’s wealth due to his significant shareholding.
- Huang’s early career as an electrical engineer laid the groundwork for Nvidia’s eventual domination in the GPU market.
- Huang’s understanding in the early 2010s that AI would be possible and require vast processing power led him to position Nvidia to capitalize on the new opportunity before its competitors.
- Beyond technology, Huang is involved in various philanthropic activities, focusing on education and research.
Who Is Jensen Huang?
Jensen Huang is a Taiwanese-American entrepreneur and electrical engineer known for co-founding and leading Nvidia. Huang founded the company in 1993 with Sun Microsystems electrical engineers Chris Malachowsky and Curtis Priem to create 3D graphics chips for PCs.
Huang is one of the few Silicon Valley founders to remain as CEO for three decades.
Huang is known for his distinctive personal style—wearing a black leather motorcycle jacket, and distinctive management style—running a flat organizational structure with 40-50 executives reporting to him directly, which make him unique among Silicon Valley’s CEOs.
In recent years, Huang’s forward-thinking leadership of Nvidia and the company’s meteoric share price rise have propelled him into the ranks of the world’s wealthiest individuals and cemented his place as a major figure in the global technology and investment landscape.
| Quick Facts | Details |
|---|---|
| Full Name | Jensen Huang |
| Date of Birth | February 17, 1963 |
| Place of Birth | Tainan, Taiwan |
| Nationality | Taiwanese-American |
| Occupation | Nvidia CEO |
| Net Worth (2024) | $106 billion |
| Notable Ventures | GPU development |
| Major Investment | Nvidia |
| Philanthropy | Education, Research Funding |
| Family | Married, with two children |
| Education | Oregon State University (BSEE), Stanford University (MSEE) |
| Early Career | LSI Logic, Advanced Micro Devices (AMD) |
| Current Focus | AI, data centers, autonomous vehicles |
Jensen Huang’s Net Worth
What is Jensen Huang’s net worth in 2024? His wealth has grown substantially since 2019 as Nvidia has emerged as the leader in graphics and AI technology, and the share price has surged. The company now has the third largest market capitalization in the world after Apple (AAPL) and Microsoft (MSFT), according to CompaniesMarketcap.com.
Jensen Huang’s net worth is primarily attributed to his ownership of around 4% of Nvidia’s stock, holding 934 million shares as of June 2024. His total compensation for the financial year that ended in January 2024 was $34.2 million, according to a company proxy filing in May. He received $21.4 million in the 2023 financial year and $23.7 million in 2022.
Jensen Huang’s salary remained just under $1 million, but he received higher stock awards as the share price soared by around 200%. Huang’s annual stock awards increased to a total of $26.7 million, up from $19.7 million in the previous fiscal year. He also received $4 million in nonequity incentive-plan compensation, as the company’s revenue exceeded the “stretch compensation plan goal” and $2.5 million from “other” sources, such as private security and car and driver services.
The Bloomberg Billionaire’s Index ranks the Nvidia CEO as the 14th richest person in the world, with an estimated net worth of $106.15 billion as of September 30, 2024, largely driven by his significant stake in the company.
The Forbes Real-Time Billionaires list puts Jensen Huang’s net worth ranking in 13th place, while estimating his net worth slightly lower at $105.6 billion.
Current Net Worth
Wealth Fluctuations
As a Nvidia founder and shareholder, Huang’s wealth is largely tied to the company’s share price performance. His net worth has fluctuated significantly as the demand for GPUs, data center hardware, and AI technology has shifted.
A sharp drop and recovery in the share price over the summer had an impact on Nvidia’s value and Jensen Huang’s net worth, for instance, with the stock trading down from around $135 to $92 and up to $130 per share.
Nvidia’s Road to Success
Despite the company’s success, Huang has been open about the challenges it has faced along the way, from barely making employees’ salaries in the early days to facing intense competition.
Under Huang’s visionary leadership, Nvidia has led innovations in gaming, data centers, and now AI. His ability to navigate the company’s challenges, gain a first-mover advantage, and capitalize on emerging opportunities has been instrumental to its success.
Current Projects & Investments
Huang’s current focus is on expanding Nvidia’s role in AI, autonomous driving, and high-performance computing (HPC). Nvidia holds an estimated 70-95% of the market for AI chips used to train and deploy large language models (LLMs).
Under Huang’s leadership, Nvidia is collaborating with companies around the world to develop full rack hardware and software solutions for AI systems and data centers.
In addition, Nvidia is investing in tech startups, such as personal AI-powered search agent You.com and HPC infrastructure firm Applied Digital, supporting innovation in industries ranging from robotics to cloud computing. Nvidia has invested in a total of 96 companies, according to Crunchbase.
Early Ventures & Education
Born in Taiwan, Huang moved with his family to Thailand when he was five years old, and five years later his parents sent him and his brother to the US as civil unrest mounted in the region.
Jensen Huang’s education in the US started at a boarding school in Kentucky. After attending high school, he went to Oregon State University (OSU), where he earned a Bachelor’s degree in electrical engineering and met his future wife, Lori Mills, who was his lab partner. After graduation, Huang worked at semiconductor companies Advanced Micro Devices (AMD) and LSI Logic. While working at LSI, Huang obtained a master’s degree in electrical engineering from Stanford.
Recognition & Awards
He has been elected to the National Academy of Engineering and is a recipient of the Semiconductor Industry Association’s highest honor, the Robert N. Noyce Award.
Huang has also received the IEEE Founder’s Medal, the Dr. Morris Chang Exemplary Leadership Award, and honorary doctorate degrees from Taiwan’s National Chiao Tung University, National Taiwan University, and Oregon State University.
Personal Life & Real Estate
Jensen Huang’s Family
Despite his prominence in the tech industry, Jensen Huang and his family are known for keeping their personal life private.
His wife, Lori Mills Huang, is also passionate about philanthropy and supporting causes related to healthcare and education. Lori and Jensen Huang’s two children, a son and a daughter, work at Nvidia.
Huang’s family-centered life reflects his modest and grounded personality. He is not part of Silicon Valley’s high-profile social scene and does not have the typical publicly flashy lifestyle associated with many billionaires.
Real Estate
Although Huang keeps a low profile, his real estate portfolio reflects his high net worth. Over the years, he has bought properties in California and Hawaii, investing an estimated total of $55 million.
Jensen and Lori Huang bought a starter home in San Jose, California when they started their tech careers and moved to a larger home in 1988, which they sold in 2002.
The Huangs then moved to Los Altos Hills, an affluent town in Santa Clara County. In 2003, they paid $6.9 million for a newly built six-bedroom home located about 15 miles west of Nvidia’s headquarters, according to property records. The company pays for Huang’s personal security, including residential security personnel, which cost $565,305 in the 2023 fiscal, according to a proxy filing.
The Huangs bought a home in a gated community on the island of Maui a year later in 2004. In 2017, they bought a mansion on San Francisco’s Gold Coast with views of the Golden Gate Bridge. The newly constructed 11,400-square-foot house in the affluent Pacific Heights neighborhood has seven bedrooms, eight bathrooms, a spa, a gym, two wine rooms, and a theater. It was listed on the market for $40 million.
The San Francisco Bay Area is home to some of the world’s wealthiest and most influential individuals, and Huang’s property investments reflect his status.
The Huangs’ primary residence is rumored to be a modern estate featuring state-of-the-art technology and environmentally sustainable designs, in line with his deep-rooted values in innovation and efficiency. The property is likely equipped with cutting-edge smart home systems, blending luxury with technological sophistication, a fitting reflection of his role in the tech world.
Philanthropy & Spending
Jensen Huang’s relatively discreet spending habits are in line with his understated public persona. Unlike some high-profile tech figures, he is not known for owning extravagant vacation homes or high-end luxury items, preferring instead to focus on philanthropic endeavors and investments in technology. Huang has maintained a reputation as a focused and disciplined leader in the tech world.
In his philanthropic ventures, Huang’s focus is on education and technological research to give back to the community and support the next generation of innovators.
Huang has made significant donations to Stanford University and other institutions, supporting educational initiatives and research in AI and other technologies.
In 2022, the Huangs donated $50 million to their alma mater, Oregon State University, to help build a $213 million research and education center named the Jen-Hsun and Lori Mills Huang Collaborative Innovation Complex.
“We discovered our love for computer science and engineering at OSU,” they said. The three-story, 143,000-square-foot complex, set to open in 2026, will have an Nvidia supercomputer installed and will support research and learning in AI, robotics, and materials science.
The Huangs previously provided a $2 million matching grant to for the construction of a new girls’ dormitory and classroom building at Oneida Baptist Institute, which was dedicated in 2019 and named Jen-Hsun Huang Hall.
The Bottom Line
Jensen Huang’s success story is a testament to his vision, innovation, and leadership as a co-founder and CEO in the tech world. The Nvidia owner’s net worth—largely tied to Nvidia’s performance—reflects the company’s leadership in the rapid development of AI and HPC.
While Huang’s wealth fluctuates with Nvidia’s share price, its dominant market position ensures that he is likely to remain one of the wealthiest and most influential investors in the tech world.
FAQs
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References
- Companies ranked by Market Cap – CompaniesMarketCap.com (Companiesmarketcap)
- NOTICE OF 2024 ANNUAL MEETING OF STOCKHOLDERS (SEC.gov)
- Bloomberg Billionaires Index (Bloomberg)
- Forbes Real Time Billionaires List – The World’s Richest People (Forbes)
- Nvidia dominates the AI chip market, but there’s rising competition (CNBC)
- NVIDIA – Funding, Financials, Valuation & Investors (Crunchbase)
- A Conversation with NVIDIA CEO Jensen Huang – The Future of AI and Energy (Youtube)
- Huang Collaborative Innovation Complex | Leadership | Oregon State University (Leadership.oregonstate)
- Jen-Hsun Huang Hall Construction – Oneida Baptist Institute (Oneidaschool)
