Nvidia's stock price soared by 171% in 2024, not only pushing CEO Jensen Huang's wealth to new heights but also elevating three board members to billionaire status.
Early-stage board member Colette Kress holds over 32 million shares of Nvidia stock, making him the third-largest individual shareholder of the company. The Bloomberg Billionaires Index has calculated his wealth for the first time, and at the age of 66, Kress now has a fortune of $5.4 billion.
Another billionaire is Stevens, who ranks 298th on the global rich list with a wealth of $9.3 billion. Additionally, Jones holds Nvidia shares worth $1 billion. According to Bloomberg data, Jones has sold more than $300 million worth of Nvidia stock.
Bloomberg was unable to contact Jones, while Kress and Stevens declined to comment.
The combined wealth of Jensen Huang and these three billionaire board members exceeds $130 billion. Another Nvidia board member who may soon join the billionaires' club is Seawell, who has been on the Nvidia board since 1997 and currently holds shares worth about $700 million.
Jensen Huang is currently ranked 12th globally with a fortune of $114.4 billion, having increased his wealth by more than $70 billion in 2024 alone.