Nvidia hitting $3 trillion propels Jensen Huang’s wealth above Michael Dell’s
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Nvidia Corp.’s Jensen Huang has steadily climbed the ranks of the world’s wealthiest as the market value of his computer-chip maker touches $3 trillion. Huang hit another milestone on Friday, passing personal computer pioneer Michael Dell to become the world’s 13th-richest person with a net worth of $106.1 billion, according to the Bloomberg Billionaires Index. His wealth has surged more than $62 billion this year as demand for Nvidia chips used to power artificial intelligence tasks remains insatiable. Huang, 61, is leading a new wave of tech billionaires as AI-fueled “Jensanity,” as one analyst termed it, takes over Silicon Valley. Other beneficiaries include Lisa Su, chief executive officer of Advanced Micro Devices Inc., as well as Super Micro Computer Inc.’s Charles Liang. Last month, Huang’s fortune surpassed each individual member of the Waltons, America’s richest family, following another blowout quarter from the chipmaker. Huang’...