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PEOPLE JENSEN HUANG ... NVIDIA Old Money Luxury: The Future Richest Man In The World: The $2 Trillion Empire of Jensen Huang TRANSCRIPTION OF VIDEO PLAY YOUTUBE VIDEO Original article: https://www.youtube.com/watch?v=w6UrAZc03rg Peter Burgess COMMENTARY Peter Burgess
Old Money Luxury: The Future Richest Man In The World: The $2 Trillion Empire of Jensen Huang Feb 25 2024 114K subscribers ... 132K views ... 1.6K likes TRANSCRIPT in the glitzy Pantheon of the world's richest individuals where charismatic yet controversial characters like Elon Musk play the rock stars Bernard Arno moves with the Elegance of aristocrats and Jeff Bezos orchestrates Amazon's Global takeover like a tech Titan Symphony an unexpected hero is quietly queuing up for the number one spot on the list for the wealthiest person on the planet meet Jensen hang nvidia's Maestro Visionary poised to become the king maker of the coming AI Revolution all the while smiling to the bank as he changes the world and his wallet one chip at a time in today's episode we Chronicle how Jensen hang's Journey from the shores of Taiwan to the absolute Pinnacle of global influence and wealth illustrates a tech Maestro from a modest background poised to redefine the elite circle of billionaires as we introduce you to the Future richest man in the world Jensen Chapter 1: NVIDIA and Jensen Huang Since 2020 hang in the tech world world's version of A Cinderella Story Jensen hang envidia Maestro is on a turbocharged ride that will likely Park him at the top of the world's richest list by 2030 with a net worth already clocking in at 64.2 billion thanks to nvidia's eye-watering $1.8 trillion valuation Wang is seizing the Throne of the AI and Graphics chip Revolution and his strategic Mastery and technological foresight haven't gone unnoticed in 2021 he earned ear a spot in the time 100 time magazines yearly Round Up of the globe's most impactful personalities and he's surely enjoying the fruits of his digitally infused labor living the high life in a Sleek 11,000 squ ft Palace in San Francisco's ritzy billionaires row hang's chip shatow isn't just any Swanky crib it's a fortress of modernity with seven bedrooms 10 bathrooms as is likely necessary when you're the gregarious Giant in the graphic space it's also got a movie theater for the family's viewing pleasure and a wine seller that could make dionisis weep plus it throws in postcard perfect snapshots of the Golden Gate Bridge and alcatra Island for free and inside it's all about refined Elegance with Decor and design that scream 21st century Mega Mogul now for the human touch in this Tech Titans Tale lri the woman who's had his back since their lab partner days at Oregon State University shares his life with their two children Spencer and Madison Spencer dabbled in Nightlife with a Taipei bar that snagged a spot on forbes's top 50 in Asia Madison is charting her own course in the family Empire as the product marketing manager for nvidia's Omniverse a venture that sounds like it's straight out of sci-fi but Lor's is not just the Queen of hang's Heart she's the style Guru behind his now iconic black leather jacket a look completed with input from their daughter but it's not all gpus and leather jackets the Hang family badge is also pinned to philanthropy their Foundation pours love and resources into public health stem and higher education with a spotlight on the California Bay Area and their benevolence doesn't stop at Cash injections the Oregon State University's Horizon is brightened by the Jensen and lorri hang collaborative Innovation complex a $200 million Venture set to Revolution collaborative research and education and the secret source to hang's Lavish lifestyle and generous spirit is of course a hefty stake in Nvidia and against the backdrop of an AI chips Market poised to explode nvidia's data center gpus with their $40,000 price tags spell out Financial dominance in neon letters and this Tech juggernaut's Q3 net income Rocket Up by 1,200% to 9.2 $2 billion is less a financial statement and more a mic drop proving that in the high stakes Casino of the tech industry hang is holding a royal flush yet surely you clicked on this video because you want the playby playay on exactly how Jensen hang will in short order become the world's richest man when we already have household names like musk Arno and Bezos playing musical chairs with the top spot let's break down step by step how hang is is likely to snatch Victory from the jaws of tech in the next Chapter 2: Why He Will Outpace The Other World's Richest Men chapter now in order to get you in the mood we want you to imagine a world where the richest person isn't someone who sells clothes cars or even Rockets to space but someone who makes the brains that go inside computers and video games spoiler alert that person is gensen hang and by 2030 he's going to be at the top of the wealth chart for several key reasons first let's look at his company's financial performance over the last 10 years exploring nvidia's Financial rise under Jensen hang's guidance reveals a journey from a solid revenue of $ 4.13 billion in 2014 just 10 years ago to an astonishing $ 26.9 billion by 2023 naturally this leap highlights nvidia's strong position in Ai and gaming sectors experiencing exponential growth in demand with no signs of slowing down as a result Wang's wealth has skyrocketed to over $60 billion in just a few years illustrating the significant impact of nvidia's Market leadership in comparison billionaires like Bernard Arno and Elon Musk despite their substantial wealth are involved in industries that are generally growing more slowly and might feel the squeeze in the coming AI Revolution for example while Arnold's leadership in luxury goods with lvmh and musk's Innovations in electric vehicles and space travel are pioneering they lack the explosive short-term growth potential that Ai and chips nvidia's current specializations offers indeed as digital transformation particularly that which requires chips and artificial intelligence in order to grow becomes more integral to all life aspects from self-driving cars to Advance Medical Diagnostics the demand from vidious technology is expected to S even higher moreover quang's focus on cuttingedge Technologies like Quantum Computing and deep learning could revolutionize computing power and efficiency nvidia's leading role in these fields suggests its Financial growth and hang's wealth will continue to Surge outpacing traditional Industries for instance since 2014 the success stories of Bernard Arnold at lvmh and Jensen hang at Nvidia have been incredible each leading their Fields as of one decade ago Bernard Arno had a net worth of approximately $35 billion dominating the luxury goods Market under his leadership LV MH made 30 billion EUR in 2014 even though some areas like wines and spirits fa difficulties by 2023 lvmh's earnings jumped to a huge 86 billion a little less than a 3X growth rate showing the Brand's wide influence and control in the market arno's wealth also shot up hitting around $190 billion by early 2024 showing his smart strategies and luxury Brands lasting popularity however in comparison Jensen hang's Nvidia started 2014 with $ 4.13 billion in revenue and soared to 26.9 billion by 20123 a 6X and nearly double that of lvmh this huge rise highlights the company's top position in Ai and gaming sectors will absolutely parabolic potential in the coming years especially compared to luxury items which require overhead and Supply Chain management to expand growth thus looking at lvmh and nvidia's growth side by side the differences are clear while lvmh's progress is impressive nvidia's growth is in another League driven by the tech Field's ability to innovate quickly and on a large scale furthermore the comparison between hang's steady rise with Nvidia and musk's unpredictable Financial strategies with Tesla and his other projects sets an interesting stage for future projections the tech industry fueled by continuous innovation and a growing need for computing power especially in AI provides a promising environment for nvidia's ongoing expansion while musk's projects despite being Innovative come with a degree of volatility and unpredictability in terms of Technology adoption Market response and financial stability his unconventional Financial moves such as his sometimes admirable sometimes controversial decisions at Twitter now called X add an element of risk that might affect his wealth growth over time and indicate a man who may not be wholly obsessed with holding the number one spot forever indeed even in the realm of AI musk seems less concerned with the profit motive and more concerned with the inherent risk it poses to humanity considering these factors it becomes increasingly plausible that Jensen hang's wealth might outstrip Elon musk's by 2030 nvidia's path under hang's guidance is well aligned with the technological advancements expected to Prevail in the next decade in contrast musk's diverse portfolio while absolutely astounding and likely to grow even more encounters challenges that could slow down his wealth accumulation pace and of course there's Jeff Bezos with a Fortune of $161 billion as of October 2023 steering Amazon to revenues nearing $470 billion in 2021 despite Amazon's continued expansion its growth Pace has moderated and bezos's departure as CEO and his broad investment strategy may lead to a more consistent though less meteoric increase in wealth contrasting sharply with the EXP exposive growth potential within the AI and Tech sectors Jensen hangs and Nvidia however stands at the cusp of the AI Revolution poised for exceptional growth nvidia's robust Financial Health evidenced by a 74% gross profit margin and a 206% spike in Revenue over a single quarter underscores its pivotal role in the generative AI market and this sector is predicted to balloon to trillions in plural by 203 2 should Nvidia sustain its momentum it might become the first $5 trillion Company by 2030 aspiring to 190 billion in annual revenue a Target seemingly Within Reach given nvidia's historical growth rate of 30% however you're probably wishing we address the elephant in the room when it comes to the AI Revolution and the future of tech what about Apple currently in the news for its recent viral headsets and the seeming industry leader as far as name recognition open AI in the next chapter we'll explain while the actual heads of these organizations are unlikely to surpass Jensen hang in actual wealth by 2030 now the conversation about Jensen hang surpassing the wealth of tech Chapter 3: But What About Apple And Open AI? luminaries like Tim Cook of apple or Sam ultman of open AI despite potential differences in their company's market 11:55 values centers on the equity each holds 11:58 in their firms Wang's substantial 12:01 Invidia stake significantly impacts his 12:04 wealth accumulation and as of September 12:06 20123 Wang directly holds 8 million 12:09 Nidia shares with an additional 78.7 12:13 million shares in trusts and family 12:15 Partnerships totaling 86.7 million 12:19 shares or about 3.5% of nvidia's 12:22 outstanding shares making him the 12:25 largest individual shareholder in 12:28 contrast Cook's ownership of 12:30 approximately 3.3 million Apple shares 12:32 post a major stock sale is valued at 12:35 around $565 million thus despite Apple's 12:40 larger market capitalization when 12:42 compared to Nvidia Cook's relatively 12:45 minor Equity stake about 0.02% of 12:48 outstanding shares means that even 12:50 significant increases in Apple's market 12:52 value have a less pronounced effect on 12:54 Cook's personal wealth compared to 12:57 hang's potential gains with Nvidia and 13:00 Sam alman's situation with open AI 13:02 presents a unique scenario ultman has 13:05 opted out of equity ownership in open 13:07 aai valued at $27 billion reflecting his 13:11 personal financial ethos and open ai's 13:14 organizational aim to prioritize AI 13:16 development over profit consequently 13:19 ulman's Financial standing isn't 13:21 directly linked to open ai's market 13:23 valuation in the manner hang's is with 13:26 Nvidia therefore the essence of w hang 13:29 might outpace cook or ultman in wealth 13:32 even if nvidia's market cap Trails 13:34 behind apples or open AIS is tied to the 13:37 equity share each holds in their 13:39 respective companies hang's significant 13:42 Invidia stake means his wealth is 13:44 closely tied to the company's market 13:46 success and as nvidia's value climbs 13:50 especially with the AI surge Wang's 13:52 Fortune is set to significantly grow 13:55 showcasing the direct benefit of his 13:57 substantial Equity state 13:59 this leverage effect so crucial to 14:01 hang's wealth trajectory is less 14:03 applicable to cook due to his smaller 14:06 Apple share a non-existent for Alman at 14:08 open Ai and yet we still haven't 14:11 explained how the champion of chips in 14:13 the 21st century got his start in a 14:15 career that is likely to make him the 14:17 world's richest in due time indeed in 14:20 the intricate world of technology and 14:22 Innovation few stories are as compelling 14:25 as that of Jensen hang and they all 14:27 begin on the other side of the world 14:29 from Silicon Valley during the Chapter 4: The Life Story of Jensen Huang 14:34 1960s born on the 17th February 1963 in 14:38 tan Taiwan hang's journey is a riveting 14:42 Chronicle of ambition perseverance and 14:44 Triumph over adversity and the surname 14:47 hang as afficionados of both genealogy 14:51 and the Forbes list well know is not 14:53 just common it's a byw word for 14:55 influence and achievement in Chinese and 14:57 Taiwanese soci Society indeed the Hang 15:01 surname Helms a legacy worn by dynastic 15:04 Scholars revolutionary Heroes and more 15:07 recently boardroom Titans and Tech mobes 15:10 consider for example the likes of hang 15:13 Shing a key figure in the xinhai 15:15 revolution that overthrew the Ching 15:17 Dynasty or hang Renu a historian whose 15:21 writings have shaped modern chines 15:23 intellectual thought and then there's 15:25 our protagonist Jensen Huang who with a 15:29 name as mighty as his was perhaps always 15:31 destined to stand at the Vanguard of the 15:33 tech Revolution now the early 1960s in 15:37 tyan was a time of economic ferment and 15:40 social transformation picture a city 15:42 teetering on the edge of the industrial 15:44 boom that would catapult Taiwan onto the 15:47 global stage and thaan was a symphony of 15:51 traditional markets filled with the 15:52 scent of incense and the buzz of 15:54 scooters zipping past ancient temples a 15:57 place where the the past and the 15:59 imminent future collided thus taiwan's 16:02 socioeconomic landscape during hang's 16:05 formative years was marked by a seismic 16:07 shift from agrarian roots to Industrial 16:10 and technological prowess yet for many 16:13 including the Hang family the promise of 16:16 the island was eclipsed by the lure of 16:18 opportunities abroad leading them to 16:20 seek a future in the United States 16:23 Wang's Odyssey commenced with his 16:25 family's relocation from Taiwan to 16:27 Thailand when he was merely a child of 16:29 five a move propelled by his father's 16:32 vision of a brighter future for his 16:34 offspring in the United States this 16:36 Vision LED them to Tacoma Washington 16:38 where hang and his brother found 16:40 themselves in sconed with an uncle at 16:42 the tender age of nine a strategic 16:44 decision made against the backdrop of 16:46 Southeast Asia's turmoil during the 16:48 Vietnam War era and the linguistic 16:51 barrier was formidable his mother 16:54 undeterred and not fluent in English 16:56 ingeniously tasked her sons with 16:58 learning 10 new English words daily a 17:00 rudimentary yet effective method of 17:03 surmounting this obstacle furthermore it 17:06 was in this vibrant setting that young 17:08 Jen hasson's decision to westernize his 17:10 name to Jensen was more than a nod to 17:13 globalization it was a Savvy branding 17:15 move that would one day help him 17:17 navigate the corridors of Silicon Valley 17:19 with ease now the nucleus of hang's 17:22 family was steeped in the virtues of 17:25 education and professional Excellence 17:27 his father's expertise in chemical 17:29 engineering and his mother's dedication 17:31 as a school teacher underscored the 17:34 family's ethos despite early challenges 17:37 including a stint at a reform school due 17:39 to a misunderstanding and facing 17:41 bullying hang's fiery temperament and 17:43 unyielding resolve saw him through 17:46 Oregon soon became the family's Haven 17:48 where hang attended Aloha High School 17:50 distinguishing himself academically and 17:53 skipping grades to graduate at 16 thus 17:56 his childhood a complex BL blend of 17:58 hardships and academic Feats forged a 18:01 character of unparalleled tenacity and 18:04 work ethic and Beyond the academic realm 18:07 Wang demonstrated a competitive streak 18:09 and a pensent for strategy as evidenced 18:12 by his status as a nationally ranked 18:14 table tennis player and an active 18:16 participant in math computer and science 18:19 clubs these early indicators of his 18:22 competitive nature and intellectual 18:24 curiosity prefigured his approach to 18:26 business and the relentless drive for 18:28 Innovation that would Hallmark his 18:30 career at Nvidia however as we'll see in 18:33 the next chapter this burgeoning Tech 18:36 titon wasn't even the only member of his 18:38 family to have a future vying for the 18:40 top position in AI let alone the broader 18:43 world of Chapter 5: Family Ties of Jensen Huang and Lisa Su 18:45 wealth in the high-tech echelons of 18:48 Silicon Valley a fascinating familial 18:51 connection underpins the fierce rivalry 18:53 between two Titans of the tech industry 18:56 AMD and Nvidia Dr Dr Lisa sue the 18:59 dynamic CEO of AMD and Jensen hang the 19:03 Visionary leader of Nvidia share more 19:05 than just a passion for Innovation and a 19:07 penchant for Leading Edge technology 19:10 they are family with hang being Sue's 19:13 second Uncle their relationship adds a 19:15 personal twist to the competitive Saga 19:18 unfolding in the artificial intelligence 19:20 chips sector and the competition between 19:22 AMD and Nvidia is not just a business 19:25 rivalry it's a vivid illustration of how 19:27 compan IES VI for Supremacy in emerging 19:30 Tech domains already Nvidia has carved 19:33 out a significant lead in the generative 19:35 AI boom boasting record revenues 19:39 bolstered by AI chip sales meanwhile AMD 19:43 though trailing in the revenue race is 19:45 diligently working to fortify its stance 19:48 in the AI domain furthermore the stock 19:51 market has keenly tuned into this Tech 19:53 duel with nvidia's shares skyrocketing 19:56 by 220% in 2020 3 and AMD up by 70% 20:01 highlighting investor optimism in its AI 20:04 strategies and its potential to disrupt 20:07 the market and underneath the corporate 20:09 veneer the personal dimensions of this 20:11 rivalry are equally compelling Lisa su's 20:15 Journey also from thaan Taiwan to the 20:18 Pinnacle of AMD epitomizes the fusion of 20:21 intellect strategic Acumen and 20:23 unwavering leadership her formative 20:25 years in the United States shaped by her 20:28 parents emphasis on mathematics and 20:30 science set the stage for a storied 20:32 career in semiconductor technology and 20:35 Sue academic Odyssey at MIT where she 20:38 honed her fascination with 20:40 semiconductors culminated in a PhD in 20:43 1994 Paving her path to the Apex of AMD 20:48 now while the professional rivalry 20:50 between Sue and hang commands headlines 20:52 their family ties weave a subtle 20:54 backdrop to their corporate engagements 20:57 both leaders navigate the competitive 20:59 landscape of gpus and AI chips each 21:02 steering their respective companies with 21:04 an eye on Innovation and Market 21:06 leadership and their familial 21:08 relationship though acknowledged by both 21:11 parties seems to play a secondary role 21:13 to their professional Endeavors and 21:15 Sue's characterization of their 21:17 connection as distant relatives during a 21:19 2020 webinar speaks to the Primacy of 21:22 their business interactions over 21:24 personal ties thus as AMD and Nvidia 21:28 continue their race for AI Supremacy the 21:30 industry watches captivated by the 21:32 Strategic moves of these two formidable 21:35 leaders whose shared family history adds 21:37 a unique Dimension to their professional 21:40 contest however it seems that only one 21:42 family member is poised to become the 21:44 world's richest individual in the next 21:47 few years Jensen hang in the next 21:49 chapter we'll highlight step bystep how 21:52 he's likely to accomplish this 21:54 Monumental Chapter 6: The Path to Becoming the World's Richest Man 21:57 feat for Jensen hang to claim the title 22:00 of the world's richest person Nvidia 22:02 must maintain its upward trajectory in 22:04 market capitalization and hang would 22:07 need to either preserve or expand his 22:09 shareholding in the company and 22:11 considering the current wealthiest 22:13 individuals hover around Net worths 22:15 between $100 billion and $200 billion a 22:19 significant surge in nvidia's valuation 22:21 or an increase in hang's ownership 22:23 percentage would be required therefore 22:26 to estimate Jensen Wang's net worth by 22:29 2030 we must examine nvidia's market cap 22:33 growth and hang's wealth progression 22:35 since 22:36 2014 Nvidia has evolved from a company 22:39 focused on Graphics processors to a 22:41 front runner in artificial intelligence 22:43 catapulting its Market valuation to 22:46 unprecedented levels for example in the 22:49 first quarter of 2014 nvidia's market 22:52 cap stood at approximately 22:56 12.68% 7 billion by the first quarter of 23:00 2024 this marks an astonishing 23:04 6,900 increase over a decade 23:07 consequently assuming Nvidia continues 23:10 on this growth path its market cap could 23:12 reach above a whopping 60 trillion by 23:15 2030 maintaining the same rate of growth 23:18 yet such unbelievable forecasts are 23:21 highly speculative influenced by Myriad 23:23 factors such as market dynamics nvidia's 23:26 performance and hang's Company shares 23:29 additionally as Nvidia grows sustaining 23:32 such an aggressive growth rate becomes 23:34 increasingly challenging therefore we 23:37 can still analyze hang's Journey to the 23:39 world's richest man without needing to 23:41 lean on other worldly figures for 23:44 instance should nvidia's market cap 23:46 simply double from $ 1.77 trillion to 23:50 3.54 trillion with hang's stake constant 23:54 at 3.5% his net worth would similarly 23:57 see a potential doubling surpassing $120 24:02 billion however to outpace the present 24:04 wealthiest individuals both nvidia's 24:07 valuation and hang's ownership must 24:09 experience further growth so let's up 24:12 the numbers a bit and discuss the 24:14 possibility of Nvidia achieving a $5 24:16 trillion valuation by 2030 more than 24:19 double their current valuation but less 24:22 than triple this possibility is anchored 24:25 not in mere speculation but in the 24:27 firm's Revenue increase and ai's 24:29 Monumental economic potential which some 24:31 experts say could inject between 7 24:34 trillion and a whopping $200 trillion 24:37 into the global economy by 2030 thus 24:40 nvidia's journey to a $5 trillion market 24:43 value necessitates a compound annual 24:46 growth rate of 24:48 21.6% to reach $190 billion in annual 24:52 revenue by 2030 a feat that appears 24:55 achievable given the company's past 24:57 decades growth growth rate of 30% 25:00 therefore should nvidia's market value 25:02 escalate to $5 trillion hang's stake 25:05 would proportionally rise provided his 25:07 share percentage remains stable without 25:10 significant shifts in the company's 25:11 outstanding shares currently with 25:14 nvidia's valuation at 1.77 trillion 25:17 reaching a $5 trillion market cap would 25:20 mean about a 2.82 fold increase from its 25:23 present worth by this calculation Wang's 25:27 net worth could see a potential surge to 25:29 roughly 181 billion multiplying his 25:32 current Fortune by the same factor 25:35 moreover if Nvidia were to attain a $7 25:37 trillion market cap this would signify 25:40 approximately a 400 increase over its 25:42 current valuation and under this 25:44 scenario hang's wealth could potentially 25:47 escalate to about 253 billion again 25:51 assuming his shareholding percentage in 25:53 Nvidia stays consistent and there are no 25:55 notable changes in the total shares 25:58 issued however again these projections 26:01 are inherently speculative hinging on a 26:03 multitude of variables such as nvidia's 26:06 onward Financial achievements market 26:08 dynamics and hang's own investment 26:10 choices similarly it's crucial to 26:13 acknowledge that this video is in no way 26:15 investment advice do your own research 26:18 on these matters and stock market 26:20 valuations and capitalizations are 26:22 subject to fluctuations based on 26:24 investor perceptions and Market 26:26 volatility with that said it is clear 26:29 that the story of Jensen hang's rise to 26:31 prominence is an impressive one and a 26:34 saga will all be watching with baited 26:36 breath throughout the decade or decades 26:38 and now we'd like to see you in the 26:40 comments which Tech multi-billionaire 26:42 would you like us to feature next on 26:44 this channel we've already done deep 26:47 Dives on Elon Musk and his family Larry 26:49 Ellison Jeff Bezos and now Jensen hang 26:53 we love hearing your thoughts and try 26:55 our best to make the videos you want to 26:57 see we look forward to reading your 26:59 comments and thanks again for joining us 27:01 for another episode cheers until next 27:05 time

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