Huang's net worth fell from $121 billion to around $100 billion, per the Bloomberg Billionaires Index.

The company's stock price has similarly soared, and its total market value quickly passed rivals like Intel, Microsoft and others. Nvidia alone accounted for more than a fifth of all of the S&P 500 index's total return last year. No other stock came close, and it had more than triple Apple's impact.

Stay up to date on the latest headlines in today's Sunrise Smart Start for Tuesday, January 28, 2025. DeepSeek could represent Nvidia CEO Jensen Huang’s worst nightmare

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The changes mark the first major test of whether chief executive Brian Niccol can dig the company out of its first annual sales decline since the pandemic hit in 2020. Part of his plan involves persuading Americans to once again view Starbucks as the go-to place to hang out.

Huang, who cofounded Nvidia in 1993, owns roughly 3.4% of the company, according to Bloomberg. Indeed, the tech giant took a bit of a stumble yesterday, losing around $600 billion in market cap as shares plummeted by 17%. The manufacturing chip company is falling from great heights; this past summer, it surpassed a $3 trillion market cap.

Nvidia CEO Jensen Huang said Friday he will not be going to President-elect Donald Trump’s inauguration — opting not to join several of his fellow tech titans slated to fly in to Washington, DC.