Nvidia (NASDAQ: NVDA) is the first company in history to hit a market cap of $4 trillion. The increase took the net worth of CEO Jensen Huang to $142 billion. That makes him the 10th richest person in the world behind Berkshire Hathaway’s (NYSE: BRK-B) Warren Buffett whose net worth is $144 billion.

Nvidia made history by becoming the world’s first publicly traded company to surpass a $4 trillion market capitalization. The milestone was reached as Nvidia’s stock price surged to $164.42 during intraday trading on July 9.

According to Bloomberg Billionaires Index, Nvidia CEO Jensen Huang's net worth has surged by a whopping $27.6 billion since January 1 this year, marked by a consistent upward movement in his company's shares amid an AI boom.