Nvidia's Jensen Huang sells more than $36 million in stock, catches Warren Buffett in net worth

Jensen Huang, the CEO of Nvidia, has sold approximately $36.4 million worth of shares in the prominent AI chip manufacturer, as revealed in a filing with the U.S. Securities and Exchange Commission. This transaction involved 225,000 shares and is part of a broader strategy Huang initiated in March, which allows him to offload up to 6 million shares by the year's end. This latest sale follows an earlier transaction in June, where he sold approximately $15 million in stock under the same prearranged plan. Notably, last year, Huang divested around $700 million worth of shares, showcasing a pattern of strategic asset management. On Friday, Nvidia's stock experienced a modest uptick of about 1%. The surge in Huang’s net worth is largely attributed to investors’ growing confidence in Nvidia's leadership in the AI sector and the demand for its graphics processing units, which are critical for training large language models. Since the beginning of 2025, Huang’s wealth has surged by more than $29 billion, bringing his total net worth to approximately $143 billion, placing him in close competition with Warren Buffett, who stands at $144 billion. Shortly after the markets opened on Friday, Fortune's analysis indicated that Huang's net worth had edged ahead of Buffett's, with Huang at $143.7 billion compared to Buffett’s $142.1 billion. This year has been particularly remarkable for Nvidia, which recently became the first company to reach a market capitalization of $4 trillion, surpassing industry giants like Microsoft and Apple. The company’s strong performance continues despite challenges such as export restrictions on chips. Additionally, Brooke Seawell, a venture partner at New Enterprise Associates and a board member since 1997, recently sold shares worth about $24 million, further illustrating the dynamic activity around Nvidia's stock. Despite these sales, Huang maintains a substantial stake in the company, holding over 858 million shares through various partnerships and trusts, reflecting his enduring commitment to Nvidia's future.