Who Currently Holds the Largest Stake in NVIDIA?

Jakarta, Pintu News – In 1993, Jensen Huang, Chris Malachowsky, and Curtis Priem founded NVIDIA (NVDAX) as afabless manufacturer of graphics accelerator chips for desktop computers. At that time, NVIDIA managed to secure US$20 million in funding from investors such as Sequoia Capital and Sutter Hill Ventures.

The year 1999 was an important turning point when NVIDIA launched the GeForce 256, which was positioned as the world’s first graphics processing unit (GPU)-a major breakthrough in the world of computer graphics. However, before reaching that milestone, NVIDIA was on the verge of collapse.

In its early days, the company’s ownership was centered on the three founders and early investors. Jensen Huang held a large stake of more than 50% alongside the founders, before external investments led to dilution of the initial stake.

Venture capital investors such as Sequoia Capital and Sutter Hill Ventures also take significant ownership stakes in return for their funding and support. In this article we will discuss the current largest NVIDIA shareholders.

Nvidia Shareholding Overview Before IPO

When NVIDIA went public in 1999, the price of Nvidia’s initial public offering (IPO) was set at $12 per share. At this stage, the company’s ownership structure had undergone significant changes compared to when it was first established:

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• Founders and executives still retain a small but influential stake. Jensen Huang, for example, owned about 3.5% of the shares at the time of the IPO.
• The initial venture capital investors still hold a significant portion of the ownership, although it has been diluted from previous investment rounds.
• Institutional investors and the public market absorbed most of the shares, marking NVIDIA’s transformation into a public company with widespread ownership.

This kind of structural change is common for startups entering the IPO stage, as the influx of fresh capital also provides liquidity to the initial shareholders.

Nvidia’s Largest Shareholder

The following is a list of the largest individual shareholders in NVIDIA as of March 2025:

Jensen Huang | 3.77%

Jensen Huang is NVIDIA’s largest shareholder and has served as the company’s CEO and President since co-founding it with Chris Malachowsky and Curtis Priem in 1993.

As of August 17, 2025, Huang is ranked 7th on Forbes‘ richest people list, with a net worth of approximately $157 billion. As of March 2025, Huang was recorded as owning 922,922,938 shares of NVIDIA, which represents about 3.77% of the total outstanding shares.

Mark A. Stevens | 0.15%

Mark A. Stevens joined Sequoia Capital-one of NVIDIA’s early investors-in 1989 as an associate, and rose to managing general partner until leaving the firm in 2012.

Previously, Stevens worked at Intel and completed his MBA from Harvard Business School in 1989. Interestingly, like Huang, Stevens’ first job was also in the service industry-he worked as a cook at Jack in the Box in California when he was 16 years old.

Stevens served on NVIDIA’s board of directors from 1993 to 2006, and again since 2008. As of August 17, 2025, his net worth stood at $10.7 billion, placing him at position 261 on the Forbes billionaires list. As of March 2025, he owned 37,886,641 NVIDIA shares, or about 0.15% of the total outstanding shares.

Tench Coxe | 0.13%

Tench Coxe also joined one of NVIDIA’s early investors in 1989. He has been a board member of NVIDIA since 1993 and has accumulated enough shareholdings to make him a billionaire.

Coxe served as Managing Director at Sutter Hill Ventures from 1989 to 2020, and has also sat on the boards of Mattersight Corp. and Artisan Partners Asset Management.

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As of August 17, 2025, his net worth is listed at $7.5 billion, and he is ranked 460th on Forbes’ billionaires list. As of March 2025, Coxe held 32,555,240 NVIDIA shares, or about 0.13% of the total outstanding shares.

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Reference:

• Eqvista. NVIDIA’s Ownership Structure. Accessed on October 14, 2025