this post was submitted on 07 Oct 2024
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357
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 months ago by [email protected] to c/[email protected]
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[–] [email protected] 50 points 4 months ago (16 children)

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

[–] [email protected] 45 points 4 months 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.

[–] [email protected] 10 points 4 months ago (1 children)

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

[–] Revan343 12 points 4 months 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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