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Nvidia's Jensen Huang Becomes World's 6th Richest Billionaire


Fri 18 Jul 2025 | 06:23 AM
Taarek Refaat

Jensen Huang, co-founder and CEO of Nvidia has climbed to the sixth spot on the global billionaires list with an estimated net worth of $149.2 billion, according to the latest Forbes rankings. 

The tech mogul now trails only $2 billion behind Larry Page, the Google co-founder who holds fifth place with a fortune of around $151 billion.

Huang’s meteoric rise in wealth is largely attributed to a rally in Nvidia’s stock, which surged after U.S. President Donald Trump’s administration announced the lifting of export restrictions on Nvidia chips to China, a pivotal market for the company.

China accounts for approximately 13% of Nvidia’s total sales, and the company confirmed it would soon resume shipments of its H20 AI chips to Chinese clients, ending months of trade restrictions that had weighed on investor sentiment.

On Thursday, Nvidia’s share price hit a new all-time high of $173, up 1.2% in intraday trading. Given that Huang owns roughly 3% of Nvidia’s shares, even modest gains in market capitalization have a significant impact on his personal net worth.

Huang’s wealth trajectory has been sharp in recent months. On July 1, 2025, he re-entered the global top 10, after gaining approximately $20 billion in June alone. His net worth on that date stood at $137.6 billion, a milestone that marked his return to elite billionaire status.

The resurgence of Nvidia, driven by surging global demand for AI and data center chips has made Huang one of the most closely watched figures in tech and finance. Still, the CEO remains cautious.

In recent statements, Huang warned that AI could pose risks to jobs if innovation stalls, underscoring the tension between automation and human creativity.

As Nvidia continues to dominate the AI hardware space and the U.S.-China tech dynamic evolves, analysts say Huang may be on course to challenge the very top of the billionaire rankings, especially if Nvidia maintains its upward momentum.