Nvidia CEO Jensen Huang continues to separate from shares. At the same time, he catapults him to the six richest people in the world.
• Huang continues to sell shares
• Nvidia share recently cracked new record high
• Huang becomes the sixth people in the world
Huang with planned equity sales
Jensen Huang, CEO of the AI chip manufacturer Nvidia, sold shares again after his first round of sales in early July. According to a message to the US stock exchange supervision, Huang separated between July 11th. and 15.07. Of a further 225,000 Nvidia shares with a total value of around $ 37 million.
The sale is part of a plan set in March, which provides for sales of up to six million shares. Since the beginning of these transactions, Huang has already sold around 1.2 million shares worth around $ 190 million, according to insiderscore that are available CNBC. In total, he is said to have already redeemed over $ 700 million as part of this program.
6th place among the richest people in the world
In addition, after a recently cracked new all -time high of the Nvidia share, according to Forbes, according to Forbes, Huang now became the most sixture person in the world – and thus overtook Bernard Arnault from LVMH. The reason for the price increase was the announcement that Nvidia wanted to resume the sale of his H20-KI chips in China “soon”. This will soon end the Trump government’s months of export restrictions.
According to Forbes, Huang’s assets rose to $ 148.1 billion, with the price gain of its approximately three percent Nvidia shares over $ 5.3 billion. It is just ahead of Arnault ($ 147.9 billion) and directly behind Google co-founder Larry Page ($ 150.6 billion).
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