Nvidia’s Huang Is Richer Than Every Walton as AI Surge Continues

May 23, 2024, 8:36 PM UTC

Another blowout quarter from chipmaker Nvidia Corp. catapulted co-founder Jensen Huang’s fortune past each individual member of the Waltons, America’s richest family.

Huang’s net worth jumped to $91.3 billion Thursday, bumping him up three spots on the Bloomberg Billionaires Indexto become the 17th-richest person in the world. Nearly all his wealth is in Nvidia stock, which rose 9.3% after a bullish sales forecast that reinforced the company’s status as the biggest beneficiary of artificial intelligence-related spending.

Jensen Huang
Photographer: Bridget Bennett/Bloomberg

Read More: Nvidia Stock Surges as Sales Forecast Delivers on AI Hopes

Huang is now richer than the three wealthiest members ...

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