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Jensen Huang is now worth more than Intel — personal net worth currently valued at $109B vs. Intel's $96B market cap (www.tomshardware.com)

submitted 4 weeks ago by neme@lemm.ee to c/technology@lemmy.world

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[–] Nach@midwest.social 50 points 4 weeks ago (16 children)

If this is all Nvidia stock let him try to cash out and see what happens.

[–] Gerudo@lemm.ee 45 points 4 weeks ago (10 children)

The thing that bothers me when people say "oh its unrealized gains, it's not real money" is that they use those unrealized gains as collateral for loans of real money. They effectively ARE that rich.

[–] Nach@midwest.social 10 points 4 weeks ago (1 children)

It's BS that you can borrow against it. If he did sell it the valuation would drop.

[–] Revan343@lemmy.ca 11 points 4 weeks ago

As far as I'm concerned, that's the point at which unrealized gains should be taxed: as soon as you're using it as leverage

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