NVIDIA (Nvidia Corp.) market value rose by $4 trillion for the first time, and Jensen Huang, executive and co-founder, also expanded its market value and was about to surpass Warren Buffett, the American stock god. According to CNBC and Investopedia...
NVIDIA (Nvidia Corp.) market value rose by $4 trillion for the first time, and Jensen Huang, executive and co-founder, also expanded its market value and was about to surpass Warren Buffett, the American stock god.
According to CNBC and Investopedia, data updated by the Bloomberg Billionaires Index on Wednesday (July 9) evening showed that Huang Ren, who is now 63, has earned $142 billion, and has increased by $27.6 billion so far on January 1. Most of Huang Rensheng's wealth comes from his 3.5% stake in NVIDIA.NVIDIA rose 0.75% on the 10th and closed at US$164.10, setting a record high in history, and its market value also reached US$4 trillion, reaching US$4.002 trillion. NVIDIA has increased by 22.2% since the beginning of the year.
Compared with that, Buffett, now 94, has made $144 billion, up $2.19 billion so far on January 1. Berkshire Hathaway Class A-shares have fallen by about 11% so far since Buffett announced on May 3 that he would retire at the end of this year.
Buffett recently donated a total of US$6 billion to five charities, and has donated more than US$60 billion in the past 20 years. Buffett said on June 27 that this is beyond his net worth of 2006. Buffett was worth $46 billion in 2006. At that time, he was the second richest man in the world and was co-founder of Microsoft Corp. only after Bill Gates.