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                        <li>The rise of AI has powered Nvidia's shares to triple-digit gains this year.</li>
                        <li>Founder and CEO Jensen Huang's wealth has soared nearly $30 billion as a result.</li>
                        <li>Huang is now the world’s 27th-richest person, according to the Bloomberg Billionaires Index.</li>
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                        </div><p>Amid the great 2023 artificial intelligence investing craze, no company has seen its stock price surge more than <a data-analytics-product-module="body_link" href="https://markets.businessinsider.com/stocks/nvda-stock" rel="">Nvidia</a> –  and that's made the chipmaker's CEO Jensen Huang really, really rich.</p><p>The Taiwan-born 60-year old – who cofounded the semiconductor giant over a <a data-analytics-product-module="body_link" href="https://www.businessinsider.com/nvidia-jensen-huang-chipmaker-cofounder-ceo-wealth-net-worth-ai-2023-5?r=US&amp;IR=T#huang-founded-nvidia-on-over-a-meal-at-dennys-4" rel="">meal at Denny's</a> 30 years ago – has seen his net worth balloon from $13.8 billion to $43.5 billion, according to the <a data-analytics-product-module="body_link" href="https://www.bloomberg.com/billionaires/profiles/jenhsun-huang/" rel="noopener nofollow" target="_blank">Bloomberg Billionaires Index</a>.</p><p>The main driver of those gains has been his 3.6% stake in Nvidia, which rode the wave of interest in AI to become a <a data-analytics-product-module="body_link" href="https://markets.businessinsider.com/news/stocks/nvidia-trillion-dollar-valuation-ai-jensen-huang-apple-amazon-microsoft-2023-5" rel="">trillion-dollar company</a> – and one of the <a data-analytics-product-module="body_link" href="https://markets.businessinsider.com/news/stocks/tech-stocks-tesla-nvidia-apple-microsoft-amazon-the-magnificent-seven-2023-6" rel="">"Magnificent Seven" group</a> of Big Tech stocks.</p><p>Shares have climbed nearly 250% this year, with investors flocking to the stock based on its dominance of the market for graphics processing units (GPUs) that power AI products like ChatGPT.</p><p>Nvidia's massive gains have made it the best performing <a data-analytics-product-module="body_link" href="https://markets.businessinsider.com/index/s&amp;p_500" rel="">S&amp;P 500</a> stock of 2023, comfortably outperforming fellow mega-caps <a data-analytics-product-module="body_link" href="https://markets.businessinsider.com/stocks/meta-stock" rel="">Meta Platforms</a> and <a data-analytics-product-module="body_link" href="https://markets.businessinsider.com/stocks/tsla-stock" rel="">Tesla</a> despite those two companies having strong years of their own.</p><p>And while Huang might not be quite as wealthy or well-known as Mark Zuckerberg or Elon Musk just yet, he's shot up the list of the world's wealthiest people – and sat in 27th place on <a data-analytics-product-module="body_link" href="https://www.bloomberg.com/billionaires/" rel="noopener nofollow" target="_blank">Bloomberg's 500-person rich list</a>, at Thursday's closing bell.</p><p>That means his fortune now exceeds those of Nike founder Phil Knight, Citadel CEO Ken Griffin, and Blackstone supremo Stephen Schwarzman.</p><p>Huang was born in Taiwan in 1963 and spent his early childhood both there and in Thailand. His parents sent him to live with relatives in the US in 1973.</p><p>Like Knight, he went to high school in Oregon, eventually becoming a nationally-ranked junior <a data-analytics-product-module="body_link" href="https://today.oregonstate.edu/story/osu-alum-named-fortune-businessperson-year" rel="noopener" target="_blank">table tennis champion</a>.</p><p>Huang founded Nvidia with his friends Chris Malachowsky and Curtis Priem in an East San Jose Denny's in 1993 and has been the company's CEO ever since.</p><p>He'll turn 60 this year, making him years older than fellow tech billionaires Bill Gates and Jeff Bezos when they left day-to-day operations at 52 and 57, respectively. But there's little evidence to suggest he'll be stepping away from Nvidia anytime soon.</p><p>"Nothing is more fun to me than to build a once-in-a-generation company with all of my friends here," Huang told <a data-analytics-product-module="body_link" href="https://www.businessinsider.com/jensen-huang-nvidia-ceo-management-leadership-graphics-ai-cars-2021-4" rel="">Business Insider</a> in April 2021 . "I can't imagine wanting to do anything other than that."</p>
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