Nvidia CEO Jensen Huang could also be a billionaire due to his 3.4% stake in Nvidia, however he solely not too long ago received a increase — after making the identical wage for the previous decade.
The 62-year-old chief govt now makes 166 occasions extra in general compensation than the median Nvidia worker.
Huang acquired a wage simply shy of $1 million, round $996,800, annually from fiscal yr 2014 to 2024. Within the fiscal yr 2025 ending January 26, 2025, Huang’s base wage rose 50% to $1.5 million, in line with a new proxy filing with the Securities and Change Fee on Thursday.
Nvidia’s compensation committee famous within the doc that this was “Huang’s first base wage improve in 10 years” and that the transfer “was applicable” contemplating the bottom wage for executives at comparable firms. For instance, AMD CEO Lisa Su made a base salary of $1.26 million efficient July 2024.
Huang’s complete compensation for the fiscal yr 2025 was $49.9 million. This determine contains the $6 million Huang acquired as a part of a non-equity incentive plan, $38.8 million in inventory awards, and $3.5 million for residential safety, driver companies, safety monitoring, and automobile bills.
The submitting famous that the median Nvidia worker made $301,233 in fiscal yr 2025, for a CEO to median worker pay ratio of 166:1.
One other SEC filing submitted final week by Google’s father or mother firm, Alphabet, exhibits that the everyday Google worker makes a comparable amount, with a median wage of $331,894 in 2024. Google CEO Sundar Pichai makes 32 occasions greater than a mid-level worker on the firm, with an annual compensation of $10.7 million final yr.
Nvidia CEO Jensen Huang. Picture by Kevin Dietsch/Getty Photos
Huang’s general compensation has been steadily rising, even when his base wage remained stagnant for a decade. He made $34.2 million in fiscal yr 2024 and $21.4 million in fiscal yr 2023.
Huang is the seventeenth richest individual on the planet, with a internet price of $97.9 billion, in line with the Bloomberg Billionaires Index. The majority of Huang’s fortune derives from his Nvidia stake, which equaled $96 billion on the time of writing. The remaining $1.9 billion of his internet price is in money.
Nvidia has grow to be a rising AI large after capturing 70% to 95% of the market share for AI chips. It counts Meta and Microsoft amongst its prime clients. Nvidia stock has risen over 1,500% up to now 5 years and 33% up to now yr.
