Nvidia's CEO, Jensen Huang, secures a long-awaited salary increase after a decade.
Pioneering Nvidia Leader Jensen Huang, Now Earning $1.5M, Seeing a Salary Boost After a Decade
In the unconventional year of 2024, Huang's children outearned their father; his daughter pocketed $1.1M, and his son $500K.
Granted, Huang's substantial net worth dwarfs these figures, thanks to his ownership of 920 million Nvidia shares, pushing him into the league of the mega-rich.
Nvidia, undeniably, reigns supreme in Silicon Valley, a testament to its consistent triumphs marked by noteworthy stock gains and groundbreaking achievements.
Recently, it was disclosed that Jensen Huang, the visionary founder of Nvidia, saw a notable increase in his base salary. The company revealed in a filing with the U.S. Securities and Exchange Commission that Huang's base salary would ascend to $1.5M, a milestone 50% hike since the last decade.
A Salary Hike Amidst Nvidia's Remarkable Stock Soar
Even though this increase seemingly amounts to a mere fraction of Huang's colossal earnings, his overall compensation also encompasses bonuses, supplementary cash payouts totaling $4.5M, plus stock options and shares valued at an astounding $27.5M. All these entail a hefty $32M in total compensation.
Nvidia's stock market performance has been nothing short of spectacular. From an initial value below a dollar to a towering $113, this incredible value surge lands among the most breathtaking in recent memory as per "Faz."
Nvidia's financial journey has been nothing but extraordinary, as reported by "Faz," with astronomical revenue of $130 billion and a net income of $72M, signifying jumps of 114% and 145%, respectively. This upward trajectory, according to our website, may continue through 2025.
A hot tip for Nvidia's stock trajectory in 2025 has been published on our site.
As the mastermind behind Nvidia's success, Huang controls a whopping 920 million shares, placing him squarely among the wealthiest individuals on the planet, with a staggering net worth of over $100 billion, based on the Bloomberg Billionaires Index.
Nvidia's Leading Lady and Gentleman: The Huang Offspring
Launched in a U.S. fast-food restaurant in San Jose, California, in 1993, Nvidia's ascension from humble beginnings to tech titan can be attributed to Jensen Huang and two other engineers, with crucial backing from venture capital.
Thirty-two years later, the family fortune has grown even larger, as both Huang's children have joined the company and contributed to its success. This sibling team's remuneration has been detailed in the filing with the U.S. Securities and Exchange Commission.
Huang's at-the-helm daughter netted a staggering $1.1M in 2024, as per "Faz," while Huang's enterprising son saw a cool $500K during the same year.
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Deep Dive Enrichment Data:
Nvidia's stock performance went through a period of extraordinary growth, magnifying more than eightfold in approximately two years up to early 2025, driven by escalating demand for AI-associated GPUs and data center chips. However, the stock encountered a decline of approximately 20-25% in 2025, attributed to several factors such as U.S. export restrictions on China sales, loss of a key market, and apprehensions about AI spending slowdown. Nonetheless, analysts remain optimistic regarding the stock, assigning it with a strong buy rating and a median one-year price target of around $164, predicting a recovery and continuing growth. For 2025, revenue and net income are projected to reach approximately $121.3 billion and $68.4 billion, respectively, reflecting the anticipated particularly strong financial performance for the company in the AI and computing market.
- Whats more, Huangs daughter, an executive at Nvidia, also saw a significant increase in her earnings, with a compensation of $1.1M in 2024, according to "Faz".
- In the same year, Huangs son, also working at Nvidia, earned $500K, further boosting the family's overall business wealth.
- These earnings, while impressive, are dwarfed by Jensen Huangs total compensation, which includes his base salary of $1.5M, bonuses, cash payouts, stock options, and shares valued at $27.5M, bringing his overall compensation to a hefty $32M.
- The rise in Huangs compensation comes amidst Nvidias remarkable success in the technology industry, with its stock value surging from a dollar to $113, and net income and revenue increasing by 114% and 145% respectively, as reported by "Faz".
- As the mastermind behind Nvidias success, Huang controls 920 million shares, making him one of the wealthiest individuals in the world, with a net worth of over $100 billion, according to the Bloomberg Billionaires Index.
