Nvidia CEO Jensen Huang says he’s created more billionaires than any CEO in the world: ‘Don't feel sad for anybody at my layer’
Nvidia CEO Jensen Huang is worth $151 billion—and he’s bringing his team along to the billionaires club with him. The AI boss said that he’s minted more billionaires on his management team than “any CEO in the world.” The culture at Nvidia is intense, but by shelling out for staffers, Huang reasons: “You take care of people, everything else takes care of itself.”
Nvidia’s CEO Jensen Huang has amassed a $151 billion net worth thanks to the success of his $4 trillion semiconductor company. And the ninth-richest person in the world says he’s bringing his team into the exclusive billionaires club thanks to Nvidia’s envy-inducing compensation packages.
I’ve created more billionaires on my management team than any CEO in the world,” Huang said recently during a panel hosted by venture capitalists running the All-In podcast. “They’re doing just fine.”
Tech leaders at Meta, OpenAI, and Google are now also shelling out to attract top AI experts—with Meta even attempting to poach OpenAI employees with $100 million signing bonuses, according to leader Sam Altman. With the AI race being so hot, chief executives are reaping billion-dollar net-worth gains from their company’s rising stock valuation, raising the question of whether their staffers are getting in on the pot of gold too. But Huang asserts that his employees are well-rewarded for Nvidia’s success.
Don’t feel sad for anybody at my layer,” Huang said. “My layer is doing just fine.”
In fact, Huang noted that he personally reviews all employee compensation to ensure staffers’ wallets are stuffed. While he said the rumor that he has a stash of stock options on deck “is nuts,” he does confirm that he bumps wages every year to keep Nvidia workers happy.
“I review everybody’s compensation up to this day,” Huang said. “I sort through all 42,000 employees, and 100% of the time I increase the company’s spend on [operating expenses]. And the reason for that is because you take care of people, everything else takes care of itself.”
