Nvidia CEO, Executives Reach Billionaire Status Amid $4 Trillion Market Surge

Nvidia has reached a historic milestone as the first company to achieve a $4 trillion market capitalization, reflecting its dominant position in the AI and semiconductor industries. This unprecedented growth has propelled CEO Jensen Huang's net worth to approximately $151 billion, ranking him among the world’s wealthiest individuals, and has resulted in the creation of multiple billionaires within the company’s executive ranks, including CFO Colette Kress and sales chief Jay Puri. Huang attributes this success to a corporate culture that heavily incentivizes talent through lucrative stock options and equity grants, a strategy he personally oversees for all 42,000 employees. This approach, characterized by high expectations and operational discipline, has also fostered employee retention, with a turnover rate significantly lower than industry averages, partly due to perks like a 15% discount on company shares. Huang’s leadership style balances intense demands with generous financial rewards, resulting in a broad distribution of wealth among executives and some mid-level employees. Despite criticisms regarding income disparities, Huang emphasizes that taking care of top talent is key to sustaining Nvidia's innovation and market leadership.