Nearly all wealth gained by world's rich this year comes from AI

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Key Points

Corp co-founder Jensen Huang's wealth has surged as a blistering rally in AI-related stocks pushed the chipmaker's market value above Amazon.com.

The same rally has minted another billionaire in Huang's own family: his distant cousin Lisa Su, chief executive officer of Nvidia competitor Advanced Micro Devices Inc, who's worth $1.2 billion after the stock doubled over the past year...

Two chipmaker billionaires in one family illustrates the scope of the artificial-intelligence craze, which has come to dominate the stock market and accounts for most of the. by the world's richest people this year...

Su isn't the only new billionaire to emerge from the surge: Charles Liang, co-founder of Super Micro Computer Inc, has seen his fortune triple to $6.2 billion this year as his company's stock has easily eclipsed the returns of other AI-related shares..

SoftBank Group Corp founder Masayoshi Son's net worth has risen by $3.7 billion this year after chipmaker ARM Holdings Inc nearly doubled in three trading sessions following earnings that showed AI spending is bolstering sales..

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