“Roughly 50% of Nvidia employees are now worth over $25 million. Roughly 80% of Nvidia employees are now millionaires. The AI revolution is producing unprecedented wealth.” — The Kobeissi Letter
Nvidia’s stock has surged over 3,700% since early 2019 and has continued rising into 2025, turning stock options into transformative wealth for employees. According to Nvidia’s CEO Jensen Huang, 75% of Nvidia employees are millionaires (measured by net worth 50%) of his employees have a net worth greater than $25 million.
Picking the right horse to invest and hold for the long term is key. Nvidia was founded in 1993.
Nvidia went public on January 22, 1999, with an initial public offering (IPO) price of $12 per share. Since then, the company has executed multiple stock splits and has grown significantly in value over its 26-year history as a public company. The split-adjusted IPO price is about $0.04 per share.
NVIDIA has executed a total of six stock splits. The most recent was a 10-for-1 split on June 10, 2024, and the cumulative effect of all splits means 1 original share before the first split is equivalent to 480 shares today.
Source: https://finance.yahoo.com/news/nvidia-producing-unprecedented-wealth-employees-003124691.html