Jensen Huang, the CEO of Nvidia, completed the sale of 6 million shares of the company’s stock on October 31st. Over the past month, Nvidia’s stock price has risen by 40%, leading to an increase in Huang’s wealth by $61 billion.
Huang visited Korea for the 2025 Asia-Pacific Economic Cooperation (APEC) summit, which concluded on November 1st, and also expressed his love for Kkanbu Chicken. Following a pre-arranged plan, Huang started selling the shares in June as part of a ’10b5-1′ plan decided back in March, allowing for the sale of up to 6 million shares by the end of the year.
When Huang began the sale, Nvidia’s stock was at $143.83 and had risen to $202.49 by the time he completed it, increasing the value of the 6 million shares from $860 million to $1.21 billion.
Nvidia recently became the first company to surpass a market capitalization of $5 trillion, only four months after first exceeding $4 trillion. This valuation surpasses Germany’s GDP, making Nvidia a highly valued global company. As Nvidia maintains its position as the world’s most valuable company, Huang has become the ninth wealthiest person globally, with a net worth of $176 billion, having increased by $61 billion this year.
Since 2001, Huang has sold over $2.9 billion worth of Nvidia stock. He retains 3.5% ownership in Nvidia and has donated over $300 million worth of shares to his foundation and charitable funds this year.