Nvidia CEO, Jensen Huang has received his first base salary increase in ten years, as the chipmaker continues its meteoric rise in the global tech industry.

According to a proxy filing with the U.S. Securities and Exchange Commission (SEC) on Thursday, Huang’s base salary has increased to $1.5 million, representing a 49% rise from the 2024 fiscal year. His variable cash compensation also rose by $1 million (50%), while stock awards surged to $38.8 million, bringing his total compensation for fiscal year 2025 to $49.9 million.

The company’s compensation committee said the adjustment was made in line with internal pay equity among top executives and noted it was Huang’s first base salary raise in a decade.

Huang, who holds a 3.5% stake in Nvidia, has seen his net worth soar in tandem with the company’s rapid growth. His stake is now valued at approximately $94 billion, fueled by a massive increase in Nvidia’s stock price — which has jumped more than ninefold since the end of 2022.

Nvidia’s success has been largely driven by its dominance in graphics processing units (GPUs) that are critical for powering advanced artificial intelligence (AI) systems. The company reported a 114% increase in revenue, hitting $130.5 billion in fiscal year 2025.

Huang’s compensation package also includes $3.5 million in residential security, consultation, and driver services, up from $2.2 million the previous year, according to the filing.

For comparison, Google recently disclosed that it spent $8.27 million on CEO Sundar Pichai’s personal security and travel in the last fiscal year — a 22% increase year over year.

Nvidia’s rise has firmly positioned it among the most valuable companies in the world, with Huang at the helm as one of the most influential figures in the tech industry.