Nvidia CEO Tops Buffett in Billionaire Index After Cashing Out Stock

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July 11 – Nvidia (NASDAQ:NVDA) Chief Executive Jensen Huang offloaded approximately $36.4 million worth of company stock this week as part of a pre-set trading plan initiated in March, according to a recent filing with the U.S. Securities and Exchange Commission.

The transaction involved the sale of 225,000 shares and follows an earlier sale in June valued at around $15 million. Huang’s trading plan permits him to sell up to six million shares by year-end.

Despite the sales, investor confidence in Nvidia appeared intact, with the stock rising about 1% in early Friday trading. Nvidia remains a key player in the AI chip market, which continues to see strong demand for its GPUs powering next-gen models.

Huang’s fortune has climbed significantly this year. Bloomberg data shows his net worth has surged by more than $29 billion in 2025, reaching $143 billion, putting him in close range of Berkshire Hathaway (NYSE:BRK.B) Chair Warren Buffett (Trades, Portfolio).

Forbes estimates released Friday indicate Huang’s wealth briefly overtook Buffett’s, topping $145 billion compared to Buffett’s $142 billion.

The sales appear to be part of regular planning, with Nvidia’s momentum and Huang’s rising profile continuing to attract investor attention.

This article first appeared on GuruFocus.