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[winjer]

Nvidia CEO's compensation increases 60%, Jensen Huang is now the 18th richest person in the world

By dominating the advanced AI hardware space, Nvidia has seen its share price catapult from $289 in May last year to $913 today. Team Green's $2.28 trillion...

www.techspot.com

Nvidia gave CEO Jensen Huang a 60% pay hike to $34 million last year

Huang's compensation is consisted of $26.7 million in stock awards, $4 million in cash bonuses, and $2.5 million for other expenses.

www.businessinsider.com

Nvidia CEO Jensen Huang received a $34.2 million compensation package in fiscal 2024.​

Huang's pay rose 60% from 2023, driven by Nvidia's stock surge amid demand for the company's AI chips.​

Nvidia's stock has tripled in a year, making it the third-most valuable company globally.​

Huang is not the only Nvidia executive seeing a major rise in compensation.​

The compensation for Colette Kress, Nvidia's chief financial officer, rose by about 22% to $13.3 million last year.​

Rank-and-file staff also saw their pay rise, with the median employee taking home $266,939 in fiscal 2024, which was 17% more than the year before.​

From being a startup near to being closed down, to being one of the biggest companies, in the world. This is one very impressive result.

 

[IDKFA]

Nvidia CEO Jensen Huang received a $34.2 million compensation package in fiscal 2024.

A Fucking obscene amount

 

[Thick Thighs Save Lives]

His net worth is 80 billion. Holy shit!

 

[BennyBlanco]

Winners win

 

[ozz ex machina]

Nvidia CEO Jensen Huang received a $34.2 million compensation package in fiscal 2024.

A Fucking obscene amount

It's disgusting really. 30 years ago average families could live off a single income. Now salaries aren't going up, cost of living is and most families need to have two working parents just to get by.

I'm not super left wing or anything, but the wealth gap these days is grotesque and highlights how fucked the wealth distrubution is these days.

 

[IDKFA]

It's disgusting really. 30 years ago average families could live off a single income. Now salaries aren't going up, cost of living is and most families need to have two working parents just to get by.

I'm not super left wing or anything, but the wealth gap these days is grotesque and highlights how fucked the wealth distrubution is these days.

Agreed. You don't need to be a Marxist to see and be concerned with the wealth gap.

 

[\m/etalStorm]

It's disgusting really. 30 years ago average families could live off a single income. Now salaries aren't going up, cost of living is and most families need to have two working parents just to get by.

I'm not super left wing or anything, but the wealth gap these days is grotesque and highlights how fucked the wealth distrubution is these days.

At some point, it's just a number going up. I like the model of limited capitalism, where personal wealth is capped at something like 100 Million in any asset type.

 

[Hudo]

So he can buy two Nvidia cards.

 

[Blood Borne]

It's disgusting really. 30 years ago average families could live off a single income. Now salaries aren't going up, cost of living is and most families need to have two working parents just to get by.

I'm not super left wing or anything, but the wealth gap these days is grotesque and highlights how fucked the wealth distrubution is these days.

I’ll never understand this line of thinking. Wealth gap isn’t the issue. People who talk about wealth gap reek of envy and resentment.

Person A - $100 billion
Person B - $1 billion
Person C - $100 million
Person D - $1 million
Person E - $100,000

Huge wealth gap between each person above but they all have a great standard of living, hence wealth gap is a shitty metric. We need to focus on standard of living and income mobility (are people’s income increasing).

It’s not a zero sum game, where there’s a fixed pie and if Person A takes a slice then there’s left to go around. Multiple pies are made everyday.

If anything, we should be upset with our government who spends our money ridiculously and is wasteful, rather than a guy who made a successful startup business and compensates his employees handsomely ($266,000 average Nvidia employee income)

 

[JimmyRustler]

It's disgusting really. 30 years ago average families could live off a single income. Now salaries aren't going up, cost of living is and most families need to have two working parents just to get by.

I'm not super left wing or anything, but the wealth gap these days is grotesque and highlights how fucked the wealth distrubution is these days.

30 years you had a lot less expenses though. For my mom expenses for us were basically “food”. Lived off 2nd hand clothes until my late teens.

Don’t want to paint current times rosy but man, it wasn’t all roses and meadows in the 90s mate. Be real for a minute.

 

[PanzerCute]

30 years you had a lot less expenses though. For my mom expenses for us were basically “food”. Lived off 2nd hand clothes until my late teens.

Don’t want to paint current times rosy but man, it wasn’t all roses and meadows in the 90s mate. Be real for a minute.

20/30 years ago you could buy a flat for a whole family with medium income in a city like Paris.

Today, you need to be in the top 5% of the country to be able to just afford a 30/40 square meters flat.

Apparently it is even worst in the USA, and not talking only about the biggest cities.

Its not about familles or people buying netflix licence, smartphones and more expensive tech and entertainment...

And no, I am not a leftist at all..

 

[kiphalfton]

20/30 years ago you could buy a flat for a whole family with medium income in a city like Paris.

Today, you need to be in the top 5% of the country to be able to just afford a 30/40 square meters flat.

Apparently it is even worst in the USA, and not talking only about the biggest cities.

Its not about familles or people buying netflix licence, smartphones and more expensive tech and entertainment...

And no, I am not a leftist at all..

It is.

I live in a shitty little city in the middle of nowhere, and a basic house in a basic subdivision costs $400k easy. COL is bad pretty much anywhere, and if it isn't then the pay is even more ass.

 

[OverHeat]

Im one of the reason he is so rich lol

 

[Magic Carpet]

A Billionaire who actually produces things I will stand in line to buy.
Where that 5090 @?

 

[SHA]

Agreed. You don't need to be a Marxist to see and be concerned with the wealth gap.

I hate being the only one in the neighborhood, I mentor my friends to make them like me instead of calling me theif, cause that's the mindset of conspiracy theorists.

 

[RoboFu]

Only 18th?

 

[LordOfChaos]

Honestly, as much as CEO pay is ludicrous, Jen-Hsun is one of the CEOs I would say if any deserve it, there seems to be something special about Nvidia where they've been where the puck was going for three new industries in a row.

That carved marble cooking range backing ain't going to pay for itself!

 

[tusharngf]

Nvidia's next-gen Blackwell AI Superchips could cost up to $70,000 — fully-equipped server racks reportedly range up to $3,000,000 or more​

Nvidia's next-gen Blackwell AI Superchips could cost up to $70,000 — fully-equipped server racks reportedly range up to $3,000,000 or more

Let the billions in revenue commence.

www.tomshardware.com

Thats real money right there.

 

[Pop]

Better raise those Nvidia card prices again

 

[Spukc]

that god this leather jacket wearing cunt didn't get his shitty hands on ARM

 

[GymWolf]

Poor thing, time to overprice series 5000 a bit more.

 

[HarryKS]

Bubble. Moat won't last. Already overpriced.

 

[rofif]

absolutely disgusting

 

[winjer]

 

[Buggy Loop]

Jensen in the 90's making a deal with TSMC

They fucking decimated competition afterwards

Bold CEO, and he's one of the few deserving that kind of cash for how he brought this company from a start-up to a $2T company, likely to even explode further because of AI.

 

[IDKFA]

I hate being the only one in the neighborhood, I mentor my friends to make them like me instead of calling me theif, cause that's the mindset of conspiracy theorists.

Sorry. I don't understand? What?

 

[SHA]

Sorry. I don't understand? What?

I hate being the only wealthy person in the neighborhood.

 

[Tiago Rodrigues]

30 years you had a lot less expenses though. For my mom expenses for us were basically “food”. Lived off 2nd hand clothes until my late teens.

Don’t want to paint current times rosy but man, it wasn’t all roses and meadows in the 90s mate. Be real for a minute.

Compare buying a house or a car nowadays with 30 years ago and tell me how things weren't easy in the 90's.

Our grandparents had it easier than our parents and things now are even worse.

My grand fathers were the only ones working for their families and had a 9 / 5 job that managed to sustain their wives and kids (usually 4 or something).
My parents could afford to buy a house...but both had to be working to pay for that and "only" had 2 kids. We managed to have money. but you could tell things were changing already.

Nowadays a single person trying to buy a house alone with like 1 or 2 bedrooms is nearly impossible. And even couples with 1 kid struggle to do it in small apartments. I know people working 2 jobs so they don't lose their houses to the bank since their mortgages increased like 40% (if not more) in 4 years.

Millennials are tired and have been working for like only 15 years. Gen Z will be even worse.

This is absolutely not sustainable.

And then you see these CEOs and their bonus packages and it's impossible to not feel a little bit disgusted.

Capitalism (at least like it is right now) was absolutely a mistake. There's no other way around it.

 

[BattleScar]

I’ll never understand this line of thinking. Wealth gap isn’t the issue. People who talk about wealth gap reek of envy and resentment.

Person A - $100 billion
Person B - $1 billion
Person C - $100 million
Person D - $1 million
Person E - $100,000

Huge wealth gap between each person above but they all have a great standard of living, hence wealth gap is a shitty metric. We need to focus on standard of living and income mobility (are people’s income increasing).

It’s not a zero sum game, where there’s a fixed pie and if Person A takes a slice then there’s left to go around. Multiple pies are made everyday.

If anything, we should be upset with our government who spends our money ridiculously and is wasteful, rather than a guy who made a successful startup business and compensates his employees handsomely ($266,000 average Nvidia employee income)

What about:

Person F - $1,000
Person G - $100
Person H - $1

Believe it or not, all of these exist within the same countries where the $100,000,000,000 people live. The wealth gap is relevant, because the wealth being produced by the economy is aggressively accumulating in the hands of a few individuals.
But this is a whole other conversation.

 

[JimmyRustler]

Compare buying a house or a car nowadays with 30 years ago and tell me how things weren't easy in the 90's.

Our grandparents had it easier than our parents and things now are even worse.

My grand fathers were the only ones working for their families and had a 9 / 5 job that managed to sustain their wives and kids (usually 4 or something).
My parents could afford to buy a house...but both had to be working to pay for that and "only" had 2 kids. We managed to have money. but you could tell things were changing already.

Nowadays a single person trying to buy a house alone with like 1 or 2 bedrooms is nearly impossible. And even couples with 1 kid struggle to do it in small apartments. I know people working 2 jobs so they don't lose their houses to the bank since their mortgages increased like 40% (if not more) in 4 years.

Millennials are tired and have been working for like only 15 years. Gen Z will be even worse.

This is absolutely not sustainable.

And then you see these CEOs and their bonus packages and it's impossible to not feel a little bit disgusted.

Capitalism (at least like it is right now) was absolutely a mistake. There's no other way around it.

Dunno, maybe I was too poor as a kid to understand this. All I see is kids today being much better off than I was back in the days. We used to hang out in the video store all the time because we could not afford all the games. Eating out was out of the question. My mom would usually cook the most mundane thing and we would eat that for days. Clothes I already talked about. You having a new Levis Jeans in school made you THE man. New car? LOOOOL

Perhaps all of you were much better off than me and my buddies were.

 

[Tiago Rodrigues]

Dunno, maybe I was too poor as a kid to understand this. All I see is kids today being much better off than I was back in the days. We used to hang out in the video store all the time because we could not afford all the games. Eating out was out of the question. My mom would usually cook the most mundane thing and we would eat that for days. Clothes I already talked about. You having a new Levis Jeans in school made you THE man. New car? LOOOOL

Perhaps all of you were much better off than me and my buddies were.

Honestly i get what you mean. Kids nowadays playing the same single player game for 2 months is laugable. Or having an iPhone back then. My parents would laugh on my face and walk away if i asked them one. Or ask for another pair of sneakers after having a new pair already.

Life was simpler back then, so i understand what you mean.

But i think we're talking about 2 different things.

Housing, transportation, food...you know everything we actually need is much more inaccessible now than it used to be. (talking about big cities mostly)

And even if you don't buy an iPhone, don't travel and don't eat out as much, and leave a lot of those things we don't need to have to survive and save up some bucks you still have to sweat to buy a house (as an example). That was my point.

 

[IDKFA]

I hate being the only wealthy person in the neighborhood.

How do you know you're the only wealthy person in the neighborhood?

 

[JimmyRustler]

Honestly i get what you mean. Kids nowadays playing the same single player game for 2 months is laugable. Or having an iPhone back then. My parents would laugh on my face and walk away if i asked them one. Or ask for another pair of sneakers after having a new pair already.

Life was simpler back then, so i understand what you mean.

But i think we're talking about 2 different things.

Housing, transportation, food...you know everything we actually need is much more inaccessible now than it used to be. (talking about big cities mostly)

And even if you don't buy an iPhone, don't travel and don't eat out as much, and leave a lot of those things we don't need to have to survive and save up some bucks you still have to sweat to buy a house (as an example). That was my point.

Not to be the devils advocate here but talking about cities… doesn’t it make sense that everything becomes more expensive? Population urbanisation has been an issue for quite some time. Meaning, more and more people push to live in a certain area. If more people bid for housing on an ever shrinking area, doesn’t it make sense that everything get more expensive? I mean, here where I live it’s also quite expensive and still you got dozens of people bidding for every flat. Everyone cries about housing prices yet everyone seems to be buying. Something just doesn’t add up.

 

[EverydayBeast]

Nvidia has impressive graphic cards

The shield is so unusual to me

NVIDIA Shield Portable 16GB Console P2450A - Black VERY GOOD TESTED & WORKS 857905002697 | eBay

<p>In very good condition. Screen and controller were lightly used and no signs of major wear on the screen or controller. Tested and worked with some games I previously installed. Factory reset and ready to be used for the next owner.</p><p>Includes:</p><p>Controller/Screen</p><p>Box</p><p>USB...

www.ebay.com

 

[Skelterz]

Remind me when found dead in bizarre accident or overdose.

 

[SHA]

How do you know you're the only wealthy person in the neighborhood?

Kids, I hear kids talking, I don't start a conversation cause that's unethical, you don't believe kids?

 

[ozz ex machina]

If anything, we should be upset with our government who spends our money ridiculously and is wasteful, rather than a guy who made a successful startup business and compensates his employees handsomely ($266,000 average Nvidia employee income)

The govt is a typical scapegoat. It's an old clip but more relevant than ever. The fact people want to blame the government for the state of the economy is an illusion. It's mostly caused by corporate greed and propaganda. Obviously it's not that simple. But come on man. The 0.1% getting more and more wealthy is not a good thing. It's not a simple case of people being "envious" of those who are smarter and work harder.

 

[IDKFA]

Kids, I hear kids talking, I don't start a conversation cause that's unethical, you don't believe kids?

No.

 

[cinnamonandgravy]

Our grandparents had it easier than our parents

no video games or cheesecake factory back then

but at least you could afford a modest home on a single salary after your dad died in ww2

 

[bender]

Hopefully this spot on the rankings cures his immense disappointment with Shigeru Miyamoto

 

[Tiago Rodrigues]

no video games or cheesecake factory back then

but at least you could afford a modest home on a single salary after your dad died in ww2

Why did you remove the entire context of my sentence when it was clear what i was talking about? Is this Twitter?

 

[kiunchbb]

It's disgusting really. 30 years ago average families could live off a single income. Now salaries aren't going up, cost of living is and most families need to have two working parents just to get by.

I'm not super left wing or anything, but the wealth gap these days is grotesque and highlights how fucked the wealth distrubution is these days.

If average household can make me a cheaper 4090, I don't mind closing the wealth gap.

Until then, all hail Capitalism!

Remember, Nvidia never took one cents from us, we gave them our money, willingly, and at some point we were begging to give them money during the chip shortages. You can call it unfair, but you have to admit they earned every dollar, unlike some freaking government that spent 1.7 million dollar on a 150 sq ft toilet, and it is still uncompleted after 15 months. Even if 100% of the Nvidia profit went to the US government, no life will get any better due to how inflation work. At least if Nvidia get to keep most of the profits, we will have 5090, and unlimited AI porns.

 

[Gameplay Gods Bless]

Nvidia CEO's compensation increases 60%, Jensen Huang is now the 18th richest person in the world

By dominating the advanced AI hardware space, Nvidia has seen its share price catapult from $289 in May last year to $913 today. Team Green's $2.28 trillion...

www.techspot.com

Nvidia gave CEO Jensen Huang a 60% pay hike to $34 million last year

Huang's compensation is consisted of $26.7 million in stock awards, $4 million in cash bonuses, and $2.5 million for other expenses.

www.businessinsider.com

From being a startup near to being closed down, to being one of the biggest companies, in the world. This is one very impressive result.

Nvidia dabbing on every other technology and gaming company other than Microsoft.

 

[Gameplay Gods Bless]

It's disgusting really. 30 years ago average families could live off a single income. Now salaries aren't going up, cost of living is and most families need to have two working parents just to get by.

I'm not super left wing or anything, but the wealth gap these days is grotesque and highlights how fucked the wealth distrubution is these days.

Who says you're entitled to the money Nvidia or Jensen makes. You didn't work there, you didn't do that work. Why should that money go to you or anybody else.

 

[Three]

unlike some freaking government that spent 1.7 million dollar on a 150 sq ft toilet, and it is still uncompleted after 15 months.

They finally built it for 200k. Luckly they never spent the 1.7M though there were plans to before:

Relief as San Francisco public toilet finally opens – and not for $1.7m after all

Bathroom in Noe Valley neighborhood, which became focus of ire for reported $1.7m cost, actually came in at about $200,000

www.theguardian.com

 

[sendit]

 

[Unknown Soldier]

What's amazing is he's only #18 with that amount of wealth

The sheer amount of wealth concentrated at the top held by only the richest 100 people in the world is staggering

 

[Puscifer]

 

[Windom Earle]

Yes it is obscene but also deserved for this pioneer.

 

[ozz ex machina]

If average household can make me a cheaper 4090, I don't mind closing the wealth gap.

Until then, all hail Capitalism!

Remember, Nvidia never took one cents from us, we gave them our money, willingly, and at some point we were begging to give them money during the chip shortages. You can call it unfair, but you have to admit they earned every dollar, unlike some freaking government that spent 1.7 million dollar on a 150 sq ft toilet, and it is still uncompleted after 15 months. Even if 100% of the Nvidia profit went to the US government, no life will get any better due to how inflation work. At least if Nvidia get to keep most of the profits, we will have 5090, and unlimited AI porns.

You do realise most of the "Value" of nvidia is based on speculation of AI and the R&D work they do? They aren't this big because they fucking flog graphics cards to gamerz.