Nvidia is one of the hottest companies in the world. They are also creating immense wealth for employees at the company.
In a recent survey of over 3,000 Nvidia employees, approximately 76% reported being a millionaire and 1 out of every 3 employees claim to have a net worth of over $20 million.
If the data is accurate when applied to all ~ 33,000 current employees at the company, there would be 25,000 millionaires created by Jensen Huang and his team.
That is a mind-blowing statistic, but the even crazier one is that almost 12,000 employees reportedly have a net worth of over $20 million.
This type of wealth creation is typically reserved for the best investors or company founders and executives. There are few companies in history that can boast of turning so many teammates into multi-millionaires.
But there is an interesting takeaway from this data — companies that solve problems in society, especially companies that provide a product that has unlimited demand, are able to generate immense enterprise value.
That enterprise value is owned by shareholders, including investors and employees.
Capitalism is the greatest system created so far. Maybe someone will create a better one in the future, but until that happens we should celebrate when the system works. 