He bought his first home in San Jose, California when he first started working in the tech industry. 
The popularity of artificial intelligence has skyrocketed Nvidia and made Jensen Huang's fortune even greater. On Monday, the United States reported on Huang's holdings of real estate in the United States. Mr. Huang, 61, has spent about $55 million (400 million yuan) on real estate since the late '80s.
Born in Taiwan, Huang co-founded Nvidia in the United States in 1993。According to the Bloomberg Billionaires Index, Huang holds about 351% of Nvidia's shares were valued at more than $69 billion as of Feb. 26, an increase of $25.7 billion from the start of 2024, as Nvidia's stock price skyrocketed and pushed the company's market value to more than $2 trillion.
He bought his first home in San Jose, California when he first started working in the tech industry. 。Later, as his wealth grew, he bought bigger homes in the San Francisco Bay Area and beyond. Currently, Huang resides primarily on the West Coast near Nvidia's headquarters in Santa Clara, California. He and his wife, Lori Huang, have properties in Los Altos Hills, Calif., San Francisco and Hawaii. Since the late 80s, he has spent about $55 million on real estate.
Notably, Nvidia paid for Huang's personal security, including for his home's security personnel. According to Nvidia's most recent filing, the company spent $565,305 on residential security in fiscal year 2023. Nvidia declined to comment.
Here's what properties Huang owns in the United States:
Starter homes (low-cost homes that first-time buyers can afford):
The first set: ** price unknown, 1988 at 18Sold for $50,000
Second set: 1988 to 33$80,000**, sold for $500,000 in 2002
After graduating from Oregon State University, Huang and Lori moved to San Jose, where they bought a tiny three-bedroom home of about 1,500 square feet (139 square meters). According to property records, he was 18The $50,000 ** sold the house and upgraded to a larger home nearby that same year for $33$80,000. The new house is 2,300 square feet (about 214 square meters) and has four bedrooms.
Huang spent his early years working at AMD and LSI Logic, a California-based electronics company, and lived in San Jose. In 1992, he received his master's degree in electrical engineering from Stanford University. A year later, he co-founded Nvidia at his local Danny's restaurant. "Building Nvidia was a million times harder than I expected. Huang said recently.
In 1999, Nvidia went public. In 2002, Mr. and Mrs. Huang sold their house for $500,000. Nvidia disclosed in a statement that they have two children, both of whom work at Nvidia.
San Jose is currently still a popular area for people in the tech industry to choose housing. San Jose's real estate market has picked up after a severe slowdown in the coronavirus pandemic, with a median sale** of $1.3 million in January 2024, up 12.** from January 2023, according to real estate brokerage Redfin1%。Redfin's data also shows that homes in the area receive an average of seven** and sell in around 25 days.
Los Altos Hills House: $6.9 million in 2003**
After leaving San Jose, the Huang family moved to Los Altos Hills, an affluent town in Santa Clara County. In 2003, they paid $6.9 million for a six-bedroom home of more than 7,000 square feet (650 square meters), according to property records.
Los Altos Mountain, about 15 miles west of Nvidia's headquarters, was once a farming community, and the town struggled to maintain a semi-rural atmosphere. The zoning ordinance here requires a minimum of one acre of land for new residential use, and two-story dwellings are not allowed on hilltops and ridges.
In recent years, Los Altos Hill has become home to large Silicon Valley residences. In 2011, investor Yuri Milner paid $100 million to buy a castle-style mansion in Los Altos Mountain. Ryan Gowdy, a local real estate agent, said the deal was a bit of an exception, though, and in general, luxury homes in Los Altos Hills were cheaper than in areas like Atherton. He noted that what attracted buyers was the large size of the site, the rural feel of the area, and the proximity to tech companies and excellent public schools, "making it a great place to escape the hustle and bustle of Silicon Valley."
The median home price in Los Altos Hills was $6 million in January, up 8% from January 2023**, according to Redfin. "Sellers are reluctant to give up the previous low interest rate treatment, so inventory is restricted. Gaudí said.
Hawaiian House: $7.5 million in 2004**
In 2004, the Huang couple bought a large house on the south side of Maui. According to the developer**, the property is located within the Wailea Resort and is a 10One of about 14 homes in a 5-acre gated community. Records show that the contemporary-style home was completed around 2008 and is nearly 8,000 square feet (about 743 square meters) with seven bedrooms.
Josh Jerman, a local realtor with Hawai'i Life, said it was one of the largest homes in Velia. Vélia is a master-planned community with several golf courses, hotels, and shopping malls. According to German, Ville is one of two luxury resorts in South Maui, the other being Makena, where properties tend to be larger and have a rural feel.
Overall, Hawaii's luxury home market experienced significant growth during the pandemic, but has since slowed down. In August 2023, deadly wildfires struck Maui that severely damaged Lahaina on the island's western side. An Nvidia spokesman said at the time that the Huang couple had "made a significant donation to local relief efforts."
As a result, the number of residential sales in Maui in 2023 was down 28 percent from 2022, according to Hawaii Living Realty8%, but the median selling price of a single-family home is $1.2 million, up from 8 percent in 20226%。
** Coastal mansions: $38 million (about 2.) in 2017700 million)**
The Huang family is also linked to a mansion on San Francisco's shores that sold for $38 million in 2017, according to public records. The buyer was an entity called Riva LLC, which was led by tax attorney Michael A. JogenakiChojnacki, who also manages the finances of the Jen-Hsun & Lori Huang Foundation.
This modern style home is located in the Pacific Heights neighborhood, a well-known affluent area in the United States, and is about 1At 140,000 square feet (about 1,059 square meters), the roof is curved and offers a view of the Golden Gate Bridge.
Bill Campbell of the developer, Marble Management, previously said in an interview that it took nearly four years to build the limestone house. It was completed in 2017 and went on sale that year for $40 million**. At that time, it was equipped with seven bedrooms, two wine rooms, an outdoor kitchen, elevator, theater and gym.
Max Armour, a broker with real estate brokerage Compass, said home prices on San Francisco's Coast are typically the highest in the city. Amur is currently selling a Gilded Age mansion for $32 million. "There is nothing better, more refined and more expensive than a house on the coast. He said.
A house on the 2,900 block of Broadway sold for $43.5 million** in 2021, which currently holds the San Francisco sales record, Amur said. Overall, the luxury property market is recovering after a lull. "I do think there will be some pretty sizable residential transactions this year. He said.