Nvidia’s Jensen Huang is now richer than every member of Walmart’s founding family

Huang’s net worth jumped to US$91.3bil (RM430.93bil) on May 23, bumping him up three spots on the Bloomberg Billionaires Index to become the 17th-richest person in the world. — Bloomberg

Another blowout quarter from chipmaker Nvidia Corp catapulted co-founder Jensen Huang’s fortune past each individual member of the Waltons, America’s richest family.

Huang’s net worth jumped to US$91.3bil (RM430.93bil) on May 23, bumping him up three spots on the Bloomberg Billionaires Index to become the 17th-richest person in the world. Nearly all his wealth is in Nvidia stock, which rose 9.3% after a bullish sales forecast that reinforced the company’s status as the biggest beneficiary of artificial intelligence-related spending.