Nvidia's market cap has grown to over $3 trillion, with CEO Jensen Huang holding most shares.

From Nasdaq: 2024-07-01 11:05:00

Nvidia’s stock has surged by 150% in 2024, reaching a market cap of over $3 trillion. CEO Jensen Huang holds the most shares, worth around $108 billion. Board members like Mark Stevens also own sizable stakes, with nearly 40 million shares valued at $5 billion. Venture capitalists on the board collectively hold 16 million shares.

Despite Nvidia’s success, past shareholders missed out on massive gains. Co-founder Curtis Priem sold his shares years ago and now has a net worth of $30 million, compared to potential billions. Japanese holding company SoftBank also sold its stake in 2019, missing out on a $160 billion return. The lesson is clear: strong conviction and long-term commitment are crucial for stock success.

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Read more at Nasdaq: Halfway Through 2024, Nvidia Has Grown Its Market Cap by Nearly $2 Trillion: Here’s Who Owns the Most Shares