A June poll of over 3,000 Nvidia employees revealed that 76–78% of employees are now millionaires, with approximately 50% having a net worth over $25 million. This extraordinary wealth stems from Nvidia’s remarkable stock performance, which has surged by 3,776% since early 2019.
Key Details
- The survey was conducted among 3,000 employees out of Nvidia’s total workforce of around 30,000
- Employees have benefited from the company’s employee stock purchase program, which allows staff to buy shares at a 15% discount
- The stock price dramatically increased from $14 in October 2022 to nearly $174
- The company maintains a low turnover rate of 2.7% and ranked No. 2 on Glassdoor’s “Best Places To Work” list in 2024.