Jensen Huang Sells ₩50 Billion Worth of NVIDIA Shares… Surpasses Buffett in Net Worth

Among all global companies, NVIDIA, the leading artificial intelligence (AI) powerhouse, is the only one with a market capitalization in the $4 trillion range and continues to expand its scale. CEO Jensen Huang has been selling shares daily.

On the 11th (local time), according to the New York Stock Exchange, NVIDIA's share price closed at $164.92, up 0.50% from the previous day. This marks the fourth consecutive day of gains, pushing its market capitalization to $4.022 trillion. At one point during the day, the price even reached $167.89. On the 9th, NVIDIA surpassed the $4 trillion mark intraday for the first time, and on the following day, it closed above $4 trillion as well.

The recent stock rally is attributed to expectations that NVIDIA may re-enter the Chinese market after months of export restrictions. On the 9th, the UK daily Financial Times (FT) reported that NVIDIA plans to launch an AI chip specifically designed for the Chinese market this September.

CEO Huang is reported to be visiting China next week, pledging to continue providing services. NVIDIA has been unable to export to China for over two months since May, after its H20 chip—made for the Chinese market—fell under U.S. government export controls.

Jensen Huang, the CEO, stated that for this May–July quarter, losses of $8 billion in sales are expected. Notably, on the previous day, CEO Huang was known to have visited the White House and met President Donald Trump. This meeting was the first in about five months, since the end of January. While specific discussion details are not disclosed, it is speculated that the meeting likely covered issues such as exports to the Chinese market, especially as it took place ahead of his upcoming visit to China.

As NVIDIA’s stock hits record highs, CEO Huang has sold additional shares. According to filings with the U.S. Securities and Exchange Commission (SEC), CEO Huang has sold 225,000 shares so far this month, totaling $36.4 million (₩5.02 billion). This is part of his plan to sell a total of 6 million shares by the end of this year. Last month, he also sold shares worth about $15 million.

According to the Bloomberg Billionaires Index, despite these sales, CEO Huang's net worth has soared to $143.7 billion (₩197 trillion) due to the recent share price surge, closing in on 9th-ranked Warren Buffett ($144 billion). According to the business magazine Fortune, CEO Huang's net worth stands at $143.7 billion, surpassing Buffett ($142.1 billion).

Ahn Hye-won, Hankyung.com reporter anhw@hankyung.com