Nvidia CEO gets first base salary pay bump in 10 years

00:00 Speaker A

Nvidia CEO Jensen Huang is getting his archetypal basal wage wage bump successful a decade. Huang's basal wage arsenic the president and CEO of Nvidia for fiscal 2025 is 1 and a fractional cardinal dollars. That's up 50% from fiscal 2024. The compensation committee calling the summation punctuation "appropriate" successful an SEC filing, quote, successful information of interior wage equity with the basal salaries of different apical executives. His adaptable currency accidental oregon compensation based connected definite show metrics besides accrued 50% from past twelvemonth to $3 million. And Huang's people equity accidental oregon compensation done banal options oregon different equity awards, that roseate by 25% to 27 and a fractional cardinal dollars, somewhat supra the median of his peers. As of May 1st, Jensen Huang is the 17th richest idiosyncratic alive, according to the Bloomberg Billionaires Index. Huang has a nett worthy of astir $98 billion, the bulk of which is successful his ownership of Nvidia stock. He owns astir 860 cardinal shares, according to a filing from aboriginal March. Nvidia shares are down astir 15% twelvemonth to day successful 2025. As a result, Huang's nett worthy has declined by astir 16 and a fractional cardinal dollars implicit the people of the year.