Nvidia CEO's compensation increases 60%, Jensen Huang is now the 18th richest person in the world
By dominating the advanced AI hardware space, Nvidia has seen its share price catapult from $289 in May last year to $913 today. Team Green's $2.28 trillion...
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Nvidia CEO Jensen Huang received a $34.2 million compensation package in fiscal 2024.
Huang's pay rose 60% from 2023, driven by Nvidia's stock surge amid demand for the company's AI chips.
Nvidia's stock has tripled in a year, making it the third-most valuable company globally.
Huang is not the only Nvidia executive seeing a major rise in compensation.
The compensation for Colette Kress, Nvidia's chief financial officer, rose by about 22% to $13.3 million last year.
Rank-and-file staff also saw their pay rise, with the median employee taking home $266,939 in fiscal 2024, which was 17% more than the year before.