Nvidia CEO Jensen Huang ranks 10th on the rich list despite Nvidia being the world’s most valuable company. Huang’s net worth of $147 billion puts him just behind Warren Buffett, who has a $148 billion fortune. The decline in Huang’s stake is primarily due to dilution, as Nvidia has issued vast amounts of shares to provide equity for its employees. Huang’s stake has also shrunk because he’s sold shares, including a prearranged trading plan to dispose of up to 6 million shares this year. Huang is unlikely to top the rich list anytime soon due to his smaller stake.
Read more at Yahoo Finance: Nvidia is the world’s most valuable company. Why does CEO Jensen Huang barely make the list of the 10 wealthiest people?
