Jensen Huang, chief executive and co-founder of Nvidia, recently received his first base salary increase in a decade, even though his company’s market capitalization increased by a whopping 281 times since 2015, as noticed by CNBC.
Nvidia’s market capitalization increased from $10.47 billion in late January 2015 to $2.94 trillion in early February 2024. The company was the world’s most expensive enterprise briefly in mid-2024 and is not the world’s third most expensive publicly traded firm, according to CompaniesMarketCap.com. Yet, Jensen Huang continued to receive a fixed salary of $1 million (set in 2015) until this May.
