Seventeen business leaders from the technology, finance, aerospace, and semiconductor industries, including Nvidia CEO Jensen Huang, accompanied Trump to Beijing on the evening of 13/5.
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Members of the US delegation present before the welcoming ceremony for the US president on the morning of 14/5 in the capital Beijing. Photo: AP |
The combined personal wealth of the entrepreneurial group exceeds 1.07 trillion USD, according to Forbes data and US Securities and Exchange Commission filings compiled by Quiver Quantitative. This makes them the wealthiest delegation to ever visit China.
Tesla and SpaceX CEO Elon Musk leads the group with a personal net worth of 827 billion USD, representing over 77% of the delegation's total wealth. Musk aims to secure a license to sell autonomous taxis in China and boost sales of his artificial intelligence robots in the world's second most populous nation, according to Arthur Kroeber, head of research at Gavekal Dragonomics.
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Billionaire Elon Musk leaves the Great Hall of the People after the welcoming ceremony on the morning of 14/5. Photo: AP |
Huang ranks second with a personal net worth of 194 billion USD. Nvidia is actively navigating US export restrictions impacting its access to the vast Chinese market.
While Washington permits the sale of Nvidia's H200 graphics processors in China, it imposes an additional 25% tariff and forbids the sale of the company's most advanced models to Chinese customers.
Stephen Schwarzman, CEO of Blackstone, the world's largest asset management firm, holds a net worth of 47.5 billion USD. Apple CEO Tim Cook's estimated net worth is 2.9 billion USD.
Larry Culp, CEO of GE Aerospace, is estimated to have a net worth of 1.8 billion USD. He is a self-made billionaire, recognized for successfully restructuring GE Aerospace, a global leader in jet engines, components, and integrated systems for commercial and military aircraft.
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Nvidia CEO Jensen Huang waves goodbye before getting into a car to leave the Great Hall of the People in Beijing. Photo: AP |
Sanjay Mehrotra, Chairman and CEO of Micron technology company, follows with a net worth of nearly 863 million USD. Cristiano Amon, Chairman and CEO of wireless and semiconductor technology group Qualcomm, has a net worth of almost 75 million USD.
Other CEOs in the delegation with net worths ranging from several million to tens of millions of USD include Boeing executive Kelly Ortberg and Meta President Dina Powell McCormick.
Hong Hanh (According to SCMP, CBS)


