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Who has benefited the most from Nvidia’s meteoric rise? Unsu...
Who has benefited the most from Nvidia’s meteoric rise?
Unsurprisingly, none other than $NVIDIA (NVDA.US)$ CEO and cofounder Jensen Huang.
According to Fortune, just five years ago, Jensen was worth around $4B.
Now, thanks to Nvidia's stock surge, his net worth has skyrocketed to roughly $92B.
However, some investors are growing concerned as they've noticed Jensen selling around $14M worth of shares nearly every day this summer.
In July alone, he offloaded $323M worth of stock.
Given that Nvidia has delivered a staggering 3,000% return over the past five years, it’s no surprise he’s cashing in on some gains.
To add on, Jensen’s sales are also under the Rule 10b5-1 agreement, which follows a predetermined schedule.
And lastly, despite these sales, he remains a top 5 owner of Nvidia, with a 3.5% stake in the company.
Unsurprisingly, none other than $NVIDIA (NVDA.US)$ CEO and cofounder Jensen Huang.
According to Fortune, just five years ago, Jensen was worth around $4B.
Now, thanks to Nvidia's stock surge, his net worth has skyrocketed to roughly $92B.
However, some investors are growing concerned as they've noticed Jensen selling around $14M worth of shares nearly every day this summer.
In July alone, he offloaded $323M worth of stock.
Given that Nvidia has delivered a staggering 3,000% return over the past five years, it’s no surprise he’s cashing in on some gains.
To add on, Jensen’s sales are also under the Rule 10b5-1 agreement, which follows a predetermined schedule.
And lastly, despite these sales, he remains a top 5 owner of Nvidia, with a 3.5% stake in the company.
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