Nvidia CEO's Nvidia shares value soared from $3 billion to $90 billion in 5 years

Nvidia CEO Jensen Huang held about $3 billion worth of Nvidia shares five years ago, and as the stock price rose to a record high on Thursday, Huang's holdings are now worth more than $90 billion. Huang Renxun is reported to hold about 86.76 million shares of Nvidia, accounting for more than 3.5% of the company's outstanding shares. On Thursday, as the stock rose more than 9% to close at nearly $1,038 per share, the value of his holdings rose by about $7.7 billion. Nvidia's stock price tripled in 2023 and more than doubled this year. Nvidia's stock price has risen about 28 times in the past five years. Huang Renxun increased his holdings in the company in 2022 when the company's stock price was relatively low before the artificial intelligence boom. Nvidia has been developing artificial intelligence software and tools for more than a decade, eventually becoming a major supplier to large technology companies. The company currently accounts for about 80% of the market for artificial intelligence chips, and Huang Renxun is also known as one of the top 20 richest people in the world. (CNBC)