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Nvidia (NVDA) CEO Jensen Huang’s net worth has climbed to $143 billion, putting him neck-and-neck with Berkshire Hathaway’s Warren Buffett, after a surge in the company’s stock price and a fresh round of insider share sales this week.
According to a Friday filing with the U.S. Securities and Exchange Commission, Huang sold $36.4 million worth of Nvidia stock over three days starting July 8, just ahead of the company briefly surpassing a $4 trillion market valuation for the first time. The company closed above the $4 trillion market capitalization mark on Thursday, the same day Huang met with President Donald Trump.
The rally is on track to continue on Friday with Nvidia’s stock up by 1.6% in morning trade despite broader market weakness. The SPDR S&P 500 ETF (SPY) was down 0.4% and the Invesco QQQ Trust Series 1 (QQQ), which tracks the tech-heavy Nasdaq 100, dipped 0.25%.
On Stocktwits, retail sentiment around Nvidia’s stock remained in ‘bullish’ territory as compared to a day ago, up from ‘neutral’ last week.
Huang’s personal wealth has surged by roughly $29 billion since the start of the year, according to Bloomberg Billionaires Index data. His net worth stood at $143 billion as of Friday, putting him slightly ahead of Buffett, who was valued at $142.1 billion, according to a real-time tracker from Fortune.
The stock sale, which cumulatively amounted to 225,000 shares, is a part of a pre-scheduled trading plan Huang adopted in March, which allows for the sale of up to 6 million shares by the end of 2025. His first sale under that plan occurred in June, generating about $15 million.
Huang retains more than 858 million Nvidia shares, held directly and through various partnerships and trusts.
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