With AMD’s stock worth crossing the $170 mark, the company’s CEO, Lisa Su, has now seen her web worth enhance to over $1 billion, according to Forbes. She is now the twenty sixth lady throughout the U.S. to develop right into a self-made billionaire, largely due to her copious holdings of AMD stock. Though AI has made Su pretty rich, she nonetheless has pretty a strategies to go sooner than reaching the net worth of arch-rival CEO Jensen Huang of Nvidia.
Su’s estimated web worth is $1.1 billion, and about three-fourths of that’s made up of shares in AMD that full roughly 4 million with an entire value of roughly $700 million. AMD’s stock worth has been on a record-breaking streak since January, first hitting a new 52-week high, then beating the sooner doc of $164.46 in November 2021, and ultimately peaking at $184.92 to then settle in at merely above $170 before now couple of weeks. Since Su has supplied about $400 million of AMD stock since 2016, her web worth is (at minimal) $1.1 billion.
That over a billion {{dollars}} worth of AMD stock has handed through Su’s arms is notable, significantly now that it’s so helpful. As AMD’s CEO, Su is paid in laborious cash and stock, which isn’t unusual aside from the half the place Su’s billion-dollar fortune is type of solely propped up by AMD stock. She owns and has owned tens of thousands and thousands upon tens of thousands and thousands of shares.
However, Su’s circumstances are distinctive; she turned AMD’s CEO in 2014 when the company was rumored to be virtually bankrupt. She was paid a lower wage than outgoing CEO Rory Be taught, and to make up for it, she was paid in stock, which hovered spherical $2 to $4 sooner than 2016. Su was paid lots in stock in her first yr as CEO that AMD paid her an extreme quantity of based mostly on stock awarding tips, resulting in an award of 1.76 million shares being canceled.
Since her pay was and nonetheless is primarily tied to the effectivity of AMD’s stock, Su has been strongly incentivized to make the stock worth go up. She turned the company spherical principally due to the Zen CPU construction, which has resulted in record CPU revenue and market share for AMD. AMD’s market capitalization surpassed Intel’s for the first time after the acquisition of Xilinx, which provides the experience important for AMD’s AI ambitions.
In any case, Su is perhaps worth considerably additional than merely $1.1 billion; it’s laborious to consider that her $400 million from selling AMD stock is just sitting spherical. The CEO most likely has totally different investments and property that buoy her web worth, and she or he has been on the board of companies like Cisco during her time at AMD. It’s unclear when Su turned a billionaire, nonetheless she truly is one at this stage, a minimal of as a result of her AMD holdings.
Though being a billionaire is pretty good, being a multi-billionaire is even greater, which is the state of affairs by which Nvidia CEO Jensen Huang finds himself. He was worth a little over $40 billion in November of last year, and that has since ramped to over $60 billion proper this second. Like Su, Huang moreover owns loads of shares of the company he’s answerable for. Huang’s lots bigger web worth might be going ensuing from his tenure at Nvidia stretching once more to its founding, the company’s far more prosperous place in 2014, and the stock worth’s meteoric rise, significantly since 2023.
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