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Nvidia CEO Sells $700M Stock

This is a news story, published by MSN, that relates primarily to Jensen Huang news.

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Moneywise

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Nvidia's CEO recently sold over $700M of the company's stock, having lost billions in net worth since June — here's how to protect your own portfolio against market swings

Moneywise

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As of this month , Nvidia CEO Jensen Huang ranks as the 13th richest person in the world with a net worth of $112.9 billion .

Huang has sold over $700 million of his NVIDIA ( NVDA ) stock but he still remains the majority stakeholder.

For the average investor, diversifying a portfolio can help mitigate risks and protect assets from wild market swings.

According to a recent survey from Bank of America , individuals aged 21 to 43 with at least $3 million in assets only have 25% of their portfolio invested in stocks.

Roughly 31% of younger people said real estate presents the greatest opportunities for growth.

Federal Reserve data also shows that the top 1% of Americans hold over $6 trillion in real estate assets.

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