NVIDIA's Market Cap Surpasses 4 Trillion, CEO's Wealth Jumps 28.7%

NVIDIA's market capitalization surpassing 4 trillion dollars has significantly boosted the net worth of its CEO, who now ranks among the top ten wealthiest individuals globally. As of the latest data, the CEO's net worth stands at approximately 143 billion dollars, marking a year-to-date increase of over 28.7 billion dollars. This surge places the CEO just 1 billion dollars behind Warren Buffett, the renowned investor, on the global billionaire rankings.

NVIDIA's stock price has been a focal point for investors, with recent performance indicating a strong potential for further growth. On July 3, the company's stock reached an all-time high of 160.98 dollars per share, pushing its market capitalization above 3.92 trillion dollars. This figure surpassed Apple's previous record of 3.915 trillion dollars, set in late 2024.

On July 9, NVIDIA's stock price opened at 163.9 dollars per share, driving the company's total market value above 4 trillion dollars. Although the stock price experienced a slight decline by the end of the trading day, closing at 162.9 dollars per share, it rebounded slightly in after-hours trading to 163.36 dollars, securing a market capitalization just above 4 trillion dollars. As of July 10, NVIDIA's stock closed at 164.10 dollars per share, maintaining its market value at the 4 trillion dollar mark.

The significant rise in NVIDIA's stock price this year, exceeding 20%, is largely attributed to the market's optimistic outlook on the company's leadership in the artificial intelligence sector and the surging demand for AI chips. Analysts have expressed bullish sentiments, with some predicting that NVIDIA's market value could reach approximately 6 trillion dollars, based on a target price of 250 dollars per share.

During the company's annual shareholder meeting on June 25, the CEO expressed confidence in NVIDIA's future growth prospects. Beyond the current boom in artificial intelligence, the CEO highlighted that robotics would be the next major growth driver for the company. The CEO also mentioned that fully autonomous vehicles, powered by AI training and inference systems, could become the first significant commercial application of this technology. This optimistic outlook suggests that the CEO's personal wealth is likely to continue its upward trajectory.

Currently, the world's wealthiest individual remains the CEO of Tesla, with a net worth of approximately 256 billion dollars. Among the top ten billionaires on the global rankings, only the chairman of LVMH is from France, with the rest being from the United States. If the CEO surpasses Warren Buffett, it would mark a significant shift in the global wealth landscape, underscoring the rise of new tech titans.