Here’s Who Owns the Most Shares – Finapress

We’re only halfway through 2024, but one technology stock particularly has stood out amid an intense competitive environment.

Shares of artificial intelligence (AI) poster child Nvidia (NASDAQ: NVDA) have soared by about 150% through the first six months of the 12 months. The company has grown by nearly $2 trillion in market cap and recently joined Microsoft and Apple since the third company to exceed a $3 trillion market capitalization.

With Nvidia getting so much attention from Wall Street and retail investors, you might be wondering who has benefited essentially probably the most from the company’s meteoric rise — and whether or not now may very well be a superb time so which you can join them by adding it to your portfolio.

Which employees own essentially probably the most Nvidia shares?

Nvidia completed a 10-for-1 stock split earlier this month. For this reason Nvidia’s outstanding share count rose 10-fold while its stock price fell by the an identical multiple — thereby leaving the valuation of the company unchanged.

Post split, Nvidia now has roughly 25 billion shares outstanding. The table below illustrates which employees own essentially probably the most shares of the company.



Shares Owned

% Ownership

Jen-Hsun “Jensen” Huang

Chief executive officer

866.3 million


Colette Kress

Chief financial officer

6.1 million


Debora Shoquist

Executive vice chairman, operations

2.4 million


Jay Puri

Executive vice chairman, worldwide field operations

1.5 million

< 0.01%

Tim Teter

Executive vice chairman, general counsel, and secretary

1.1 million

Not material

Data source: Bloomberg.

Jensen Huang is by far the most important internal shareholder of Nvidia. While it’s common for CEOs to have major ownership stakes of their corporations, Huang’s position stands out for various reasons.

Not only is he the CEO, he may also be definitely one among Nvidia’s three co-founders and has been with the company for 3 a protracted time. Generally speaking, founders of corporations are just a few of their largest equity holders. And while a 3.5% stake may not appear to be loads for a founder, bear in mind that Nvidia is value in excess of $3 trillion. As of the time of this writing, Huang’s roughly 866 million shares are value roughly $108 billion.

Outside of management, who else is a big Nvidia shareholder?

Beyond Nvidia’s executive suite, quite a variety of members on the board of directors are also material holders of the stock.

Mark Stevens is the second-largest individual owner of Nvidia stock behind Huang. Stevens frolicked in management at Intel and later became a enterprise capital investor. Since he began serving on Nvidia’s board in 2008, Stevens has amassed nearly 40 million shares — a stake that’s value almost $5 billion.

Other notable enterprise capitalists on Nvidia’s board include Harvey Jones, Tench Coxe, and Brooke Seawell. Each joined its board in the middle of the Nineteen Nineties, they sometimes have collectively accrued roughly 16 million shares.

Image source: Getty Images.

Must you grow to be an Nvidia shareholder?

Plenty of Nvidia’s largest shareholders have either been working at the company or sitting on its board for a really very long time. In numerous cases, these executives have gathered their stakes over a protracted time.

Take definitely one among the other co-founders, Chris Malachowsky and Curtis Priem, for example. Priem left Nvidia in 2003 and reportedly had sold off all of his shares by 2006. After having given away tons of of a whole lot of 1000’s in charitable donations over time, he has an estimated net value of roughly $30 million now. While that just isn’t too shabby, had he held on to his shares, Priem’s net value would today be throughout the tens of billions of dollars.

One other prior investor in Nvidia was the Japanese holding company SoftBank. It sold its stake back in 2019. Had SoftBank held onto its position, its stake in Nvidia may very well be value around $160 billion today.

The concept I’m attempting to drive home is that owning a hot stock just isn’t enough by itself to generate wealth. Investors should have strong conviction in the company’s management, its business prospects, and the markets through which the company operates. Should you are feeling that way about Nvidia, the stock could be for you.

Nonetheless, I’d encourage investors to look at the business over time and double down when appropriate. It’s entirely possible to construct a small fortune owning winning stocks, and probably the most effective approach to do that is kind of in any respect times to hold onto them for a really very long time.

Must you invest $1,000 in Nvidia immediately?

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Adam Spatacco has positions in Apple, Microsoft, and Nvidia. The Motley Idiot has positions in and recommends Apple, Microsoft, and Nvidia. The Motley Idiot recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Idiot has a disclosure policy.

Halfway Through 2024, Nvidia Has Grown Its Market Cap by Nearly $2 Trillion: Here’s Who Owns the Most Shares was originally published by The Motley Idiot

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