Mid-level Nvidia employee retires with $62 million from stock options, while another lost it all — a story of millionaire winners and losers

Nvidia.

The wealth that can be gained from helping to propel a successful company is vividly illustrated by a recent Tweet/X by Barron’s writer Tae Kim. One “mid-level” Nvidia employee accrued a fortune of $62 million, claims Kim. Thus, company share schemes can be a great incentive for employees. However, as a counterpoint, the senior Barron’s reporter also knows of at least one Nvidia employee who made a “half billion dollar mistake,” after their ‘green-gold’ slipped through their fingers.

Today, I learned about a mid-level Nvidia employee (not an engineer) who maxed out the employee stock purchase plan (ESPP) for 18 years. The benefit allows employees to use 10-15% of salary to buy stock at a 15% discount.The person left Nvidia with shares now worth $62 millionApril 11, 2024