Nvidia CEO Jensen Huang Earns $37 Million from Latest Stock Sale

Benzinga

Nvidia CEO Jensen Huang sold 225,000 shares worth about $37 million as part of a prearranged trading plan, according to CNBC. Since starting stock sales this year, Huang has sold 1.2 million shares for around $190 million. Under last year's planned sales, he earned over $700 million. The surge in Nvidia’s value recently boosted the company's market capitalization above $4 trillion, lifting Huang’s net worth past Warren Buffett on Bloomberg’s Billionaire Index. Nvidia also announced it will soon resume sales of its H20 chips to China after assurances of U.S. export license approval.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02NVIDIA CEO Jensen Huang sold 225,000 shares worth about $37 million

00:08as part of a prearranged trading plan, according to CNBC.

00:12Since starting stock sales this year, Huang has sold 1.2 million shares for around $190 million.

00:19Under last year's planned sales, he earned over $700 million.

00:23The surge in NVIDIA's value recently boosted the company's market capitalization

00:28above $4 trillion, lifting Huang's net worth past Warren Buffett on Bloomberg's billionaire index.

00:35NVIDIA also announced it will soon resume sales of its H20 chips to China

00:39after assurances of U.S. export license approval.

00:42For all things money, visit Benzinga.com.

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