Longtime Nvidia board member Tench Coxe is among the company’s newly minted billionaires. Tench Coxe, a long-standing member of Nvidia’s board of directors, is starting off 2025 with an enviable new feather in his cap: a spot on the Bloomberg Billionaires Index.

Steven Cohen of Point72 Asset Management bought 1.5 million shares of Nvidia, increasing his stake by 75%. It is now his largest position excluding options. Meanwhile, he sold 1.5 million shares of Apple, completely exiting the position.

Nvidia Corp.’s banner year supercharged Chief Executive Officer Jensen Huang’s net worth to new heights. It also boosted three of the chipmaker’s longest-serving board members into the billionaire ranks,

Nvidia shares grew 171% in 2024, leading to newly minted billionaires. Tench Coxe, 66, a member of Nvidia's board since 1993, has earned a place on the Bloomberg Billionaires Index for the first time,