The Reason Why 78% Of Nvidia Employees Are Millionaires

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Hello and happy Sunday! The week is behind us, and it’s time to break down the biggest stories shaping wealth, AI, and market trends. And yes, this is actually Sunday—unlike last week’s early edition that had us all questioning the calendar. 🤨

• America’s Wealth Divide Widens: The top 1% now control nearly a third of U.S. wealth, hitting a historic high.

• Nvidia’s AI Boom Keeps Rolling: Record-breaking earnings confirm its reign as the AI superpower.

• Tesla’s $1T Market Cap Slips Away: Post-election hype fades, and fundamentals take center stage.

• Risky Assets Take a Hit: Bitcoin, growth stocks, and crypto ETFs tumble as investors flock to safety.

• Nvidia’s Workforce Efficiency Dominates Big Tech: The chip giant generates more revenue per employee than Apple, Meta, and Google combined.

The Top 1% Now Own Nearly a Third of America’s Wealth

New data from the Federal Reserve Economic Data (FRED) reveals that wealth concentration among the top 1% in the U.S. has reached historic levels. Since 1989, the share of total net worth held by the wealthiest Americans has climbed from 22.8% to 30.8% as of Q3 2024. 💰🚀

Within this elite group, wealth is even more concentrated: the top 0.1% alone control 13.8% of total net worth 🤯, while the remaining 0.9% hold 17%. Altogether, the top 1% now possess a staggering $49.24 trillion in net worth.

Meanwhile, the bottom 50% of Americans have seen their share of total wealth decline. They now hold just 2.8%, down from 3.5% in 1989. This growing disparity highlights the increasing divide between America’s richest and everyone else.

Nvidia Crushes Earnings Again as AI Boom Fuels Record Profits

🏎️💨 Nvidia's unstoppable expansion shows no signs of slowing down. The company reported a staggering 78% year-over-year revenue growth in its fiscal Q4 2025, reaching $39.3 billion—surpassing both its own projections and Wall Street expectations.

At the heart of this explosive growth is Nvidia’s data center business, which saw a 93% revenue jump and now accounts for more than 90% of total sales. Net income for the quarter hit $22.1 billion, an astonishing fivefold increase compared to fiscal 2023—the last pre-AI boom year.

Looking ahead, Nvidia projects $43 billion in revenue for the next quarter, a 65% increase year-over-year, signaling that while growth rates may moderate, the AI revolution continues to drive demand. CEO Jensen Huang highlighted the launch of Blackwell AI supercomputers, which achieved billions in sales in their first quarter alone, and emphasized how agentic AI and physical AI are setting the stage for the next era of industry transformation.

Tesla’s Post-Trump Gains Are Gone—And So Is Its $1T Market Cap

Tesla’s post-election rally has all but evaporated, with its market cap slipping below the $1 trillion mark once again. 😢 After an initial surge fueled by CEO Elon Musk’s close ties to President Trump, the stock is now retreating as investors shift focus to Tesla’s fundamentals—and the picture isn’t great.

Global sales have been slipping, with notable declines in Europe adding to concerns about demand and competition. As excitement over political tailwinds fades, the market is now grappling with Tesla’s operational challenges and its ability to sustain long-term growth in an increasingly crowded EV market.

Tariffs, Nvidia, and Panic Selling Hammer Risky Assets

Risk-on assets, including cryptocurrencies and growth stocks, have taken a beating, ⬇️ ⬇️ with investors pointing to tariffs, Nvidia’s pullback, and profit-taking as the main culprits behind this week’s sell-off.

Bitcoin briefly dipped below $80,000, erasing much of its post-election rally. Spot Bitcoin ETFs saw over $1 billion in outflows on Tuesday, marking the biggest one-day exodus since their launch. Over the past seven trading days, $3 billion has been pulled from crypto funds, according to Coinglass data.

Meanwhile, gold ETFs are seeing their biggest inflows since Russia’s invasion of Ukraine, as investors shift toward safe-haven assets while riskier investments struggle.

Nvidia’s Workforce Efficiency Crushes Big Tech Rivals

Among Big Tech's BATMMAAN giants, Nvidia generates the most revenue per employee, bringing in $3.6 million per worker 👨‍💻 💵 —1.5x more than Apple and Meta, and nearly double Alphabet. Even more striking, its net income per employee is $2 million, outpacing Apple, Meta, Alphabet, and Amazon.

Despite reporting record earnings, Nvidia’s stock fell 8% on Thursday, but its workforce efficiency remains unmatched. The company’s lean employee base, focused on R&D rather than logistics or manufacturing, explains its towering productivity per worker.

By contrast, Amazon and Tesla rank at the bottom, as they rely on massive workforces to keep operations running—Amazon alone employs 1.6 million people, nearly twice as many as the rest of BATMMAAN combined.