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Nvidia CEO Jensen Huang says hes created more billionaires than any CEO in the world: Dont feel sad for anybody at my layer
Nvidia CEO Jensen Huang is worth $151 billionand hes bringing his team along to the billionaires club with him. The AI boss said that hes 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.
Nvidias 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 hes bringing his team into the exclusive billionaires club thanks to Nvidias envy-inducing compensation packages.
Ive 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. Theyre doing just fine.
Tech leaders at Meta, OpenAI, and Google are now also shelling out to attract top AI expertswith 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 companys 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 Nvidias success.
Dont 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 everybodys compensation up to this day, Huang said. I sort through all 42,000 employees, and 100% of the time I increase the companys spend on [operating expenses]. And the reason for that is because you take care of people, everything else takes care of itself.
