Nvidia Mints A New Billionaire As Chip Giant Hits Record $5 Trillion Market Cap

Forbes

A 77-year-old venture capitalist joins the three-comma club after three decades on Nvidia’s board.  Read the full story on Forbes: https://www.forbes.com/sites/emilygarcia/2025/10/29/nvidia-mints-a-sixth-billionaire-as-chip-giant-hits-record-5-trillion-market-cap/  Thumbnail Credit: New Enterprise Associates  Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1  Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:  https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript  Stay Connected Forbes newsletters: https://newsletters.editorial.forbes.com Forbes on Facebook: http://fb.com/forbes Forbes Video on Twitter: http://www.twitter.com/forbes Forbes Video on Instagram: http://instagram.com/forbes More From Forbes:  http://forbes.com  Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

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00:00NVIDIA just became the first company ever worth $5 trillion, meaning those who own even

00:06just a fraction of a percent of the high-flying stock are now super rich.

00:12The latest to join the billionaire club, 77-year-old venture capitalist and long-time NVIDIA board

00:18member Brooke Sewell, who Forbes estimates is now worth $1.1 billion as of Wednesday

00:24morning. Almost all of that wealth comes from his 0.02% stake in NVIDIA, which was worth just

00:32$50 million five years ago. Now, it's worth $900 million. Sewell joined NVIDIA's board in 1997

00:40when he was an executive vice president at NetDynamics, an application server software company

00:47that was acquired by Sun Microsystems a year later. He joined venture capital firm Technology

00:53Crossover Ventures as a partner in 2000 and moved five years later to new enterprise associates,

00:59where he remains a venture partner today. NVIDIA now boasts six billionaire backers, including

01:05Sewell and three other venture capitalists and long-time board members, Mark Stevens, Tenchcox,

01:11and Harvey Jones, as well as NVIDIA's chief financial officer Colette Kress and co-founder

01:17and CEO Jensen Wong. Sewell's fortune stretched into 10 digits Wednesday morning when NVIDIA's

01:24shares climbed by 5% after the company announced the latest in a string of high-profile deals on

01:30Tuesday. The company, which became the first firm to hit a $4 trillion market cap in July,

01:35has seen its shares rise by 50% this year amid the AI boom, which has generated a surge in demand

01:43for NVIDIA's chips. For more on this story, check out the article at the link in the description.

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