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International Business Times UK
International Business Times UK
Business
Niloy Chakrabarti

Nvidia's $3.7T Market Cap Boosts CEO Huang's Wealth to $135B as he Offloads 200K Shares at Peak Price

Huang sold $700 million of Nvidia shares in 2024. (Credit: AFP News)

Nvidia (NASDAQ:NVDA) chief executive officer Jensen Huang's net worth soared to £98.25 billion ($135 billion) after his 4% stake in the company surged in value as the stock price reached an all-time high of £112.82 ($155.02) on Thursday. Nvidia's market cap hit £2.73 trillion ($3.76 trillion) to become the most valuable company in the world, ahead of Microsoft (NASDAQ:MSFT).

According to the latest regulatory filing with the US Securities and Exchange Commission, Huang sold 200,000 Nvidia shares at the height of the latest stock rally, which would be worth about £22.56 million ($31 million) at current trading levels.

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