"Nvidia's Stock Surge Makes 10 Investors $252 Billion Richer as Market Value Hits $2 Trillion"

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Source: Investor's Business Daily
"Nvidia's Stock Surge Makes 10 Investors $252 Billion Richer as Market Value Hits $2 Trillion"
Photo: Investor's Business Daily
TL;DR Summary

Nvidia's stock surge has made 10 investors, including Vanguard, BlackRock, and Fidelity, $252 billion richer this year, with the company's value surpassing Amazon, Alphabet, and Meta Platforms. Founder Jen-Hsun Huang's stake in the company also gained over $25 billion. The majority of Nvidia's outstanding shares are owned by institutions, with Vanguard being the largest investor. The stock's remarkable performance has significantly benefited investors in funds, making it one of the biggest gainers in the S&P 500.

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