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.
