Two senior NVIDIA leaders are now billionaires, who are joining co-founder and CEO Jensen Huang. Bloomberg Billion Ayers Index,
NVIDIA Chief Financial Officer, Cell Cress, and Executive Vice President of the company, Executive Vice President of World Fund Operations, J Puri, is now priced more than one billion dollars due to his ownership of NVDia stock according to each. Bloomberg,
Connected: How NVIDIA CEO Jensen Huang converted a graphics card company into an AI veteran: ‘One of the most notable business pivotes in history’
57 -year -old Cress has about three million Nvidia shares and sales of more than 27,000 earlier this month for a cash amount of $ 4.7 million, as of July 15, File with US Securities and Exchange CommissionShe joined Nvidia in 2013, when the company had more than $ 9 billion in Cisco and Microsoft after nearly two decades. CFO graduated with MBA in Finance from Southern Methodist University, according to him Linkedin profile.
Meanwhile, 70 -year -old Puri also joined Nvidia in 2005, when the company had a market price. $ 6.25 billionHe oversees sales and marketing in Nvidia and was one of the first employees in Sun Microsystems, where he helped start his marketing department. One Second At the end of June, it is shown that he owns more than 630,000 Nvidia shares directly, with more than $ 108 million, with indirect profitable ownership of 20 million additional shares through various trusts.
With new additions, the total number of billionaires working in Nvidia is at least six people, Bloomberg Report. The ranks include long -term directors Mark Stevens, Tench Cox and Harvey Jones besides Huang, Cress and Puri.
Jensen Huang, co-founder and CEO of Nvidia. Johannes Neudecker/Photo through Getty images by the picture combination
Earlier this month, Nvidia achieved a milestone by becoming the world’s first company to hit the market price of $ 4 trillion with the company’s stock. Growing 44% In the last six months. Two years ago, Nvidia had a market value Just $ 500 billionTo highlight its tremendous growth.
Connected: NVIDIA CEO Jensen Huang will earn around $ 1 billion this year
Huang, who has served as CEO of Nvidia Company co-founder in 1993Last week said that he has created a “more billionaire” in his management team than any other CEO in the world.
62 -year -old CEO passed the CEO of Berkshire Hathaway Warren Buffett in Net Worth Early this month and currently the world’s largest person Total value $ 153 billion,
Huang co-established Nvidia with former Sun Microsystams Engineers Chris Malakovsky and Curtis Prem. Forbes Last year, it was estimated that Prem, leaving Nvidia in 2003, had a total assets of $ 30 million after serving as their chief technical officer for a decade. According to Malachowsky, which still works as a senior technology executive in Nvidia, there is an unknown net value Commercial insider,
Connected: NVDia CEO says ‘AI will change 100% of everyone’s jobs’
Stock growth of NVidia has also mined millionaires – who still show to work in the office. Employees who are with NVIDIA for five years are now probably a millionaire, with $ 77,700 stock grant in 2019 today, according to the price of more than $ 1.6 million today, according to today, the price of more than $ 1.6 million is worth more than $ 1.6 million. Finoly Investment calculator.
Increase in net value has increased the “semi-far-retired” employees who still work in Nvidia, but claim more and more personal funds. At a meeting in December 2023, NVidia employees asked Huang how to address the “semi-respective” employees, and the CEO responded to every employee to take responsibility for his work.
Nvidia stock is up More than 1,580% In the last five years at the time of writing.
Join the top CEOs, founders and operators Flat conference To score your business, increase revenue and unlock strategies to create permanent success.