News Nvidia's $82 billion CEO got a 60% raise last year that accounted for less than 0.02% of his net worth

[Admin]

Nvidia CEO Jensen Huang received a $44 million bonus from Nvidia, but that's nothing compared to the $82 billion the tech billionaire is currently worth.

Nvidia's $82 billion CEO got a 60% raise last year that accounted for less than 0.02% of his net worth : Read more

 

[Jagar123]

Well, I didn't vote for him. /s

 

[ezst036]

Shoddy journalism strikes again. It would be nice to actually learn something that impacts me in articles like this.

According to this site: https://www.tomshardware.com/news/n...f-graphics-cards-hit-all-time-low-in-2022-jpr

"7.3 Million Graphics Cards Sold in Q4"

Let's just say that for Q1, 2, 3, and 4 the total cards sold was 20 million.(I'm picking a low number purposely) That means CEO pay per GPU is 2 dollars and some change.

That's my personal impact. Two dollars max.

 

[JamesJones44]

It's disingenuous to call this a pay "raise". His base salary didn't change. The increase in income was due to bonus and stock awards which are incentive based. We don't say an auto worker got a 60% raise simply because they received a massive end of year bonus. If Nvidia started to make a lot less money Jensen's overall compensation would go down by a lot.

Now we can argue whether a CEO deserves such bonus compensation and if more of that should be shared, but this isn't exactly a pay raise like it's being billed as.