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Home » Featured » Colette Kress Net Worth – CFO of Nvidia

Colette Kress Net Worth – CFO of Nvidia

Colette Kress is an established business executive and one of the most successful women in the tech industry.  She is the current CFO of chip maker NVIDIA and one of the key figures behind the company’s meteoric rise to the most valuable company in the world. 

raya-author-image by Raya
Thursday, 20 June 2024, 4:04 AM
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colette kress net worth

colette kress net worth

Colette Kress is an American business executive and one of the most successful women in the corporate world. She is the Executive Vice President and Chief Financial Officer (CFO) of the GPU (Graphics Processing Unit) maker NVIDIA, which has emerged as the most valuable company in the world, surpassing Microsoft and Apple. Kress has been with NVIDIA for more than a decade and is one of the key figures responsible for the company’s mega success. 

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This article will delve into Colette Kress’s net worth, education, career, and more.  

Who is Colette Kress?

Colette Kress is a successful business executive who acts as the current CFO of chip maker NVIDIA. With over two decades of experience in executive roles, she has demonstrated leadership skills and a keen understanding of the tech sector.

Before joining NVIDIA, she served as the Corporate Vice President for Microsoft and then as the CFO of Cisco, a leading provider of networking and communications solutions. Kress played a vital role in helping Cisco achieve record-breaking profits and growth. 

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Colette Kress Net Worth

Recently, NVIDIA surpassed Microsft and Apple to become the most successful company in the world with a valuation of $3.4 trillion. Following the company’s meteoric rise, the top shareholders also gained millions in net worth. 

CFO Colette Kress is also one of the top shareholders of the company and according to Forbes, the current value of NVIDIA’s shares owned by her are worth over $700 million. 

It is unclear how many shares of NVIDIA Kress holds, however, her two sons have 400 shares each to their names.

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Education 

Colette Kress holds a B.Sc. degree in Finance from the University of Arizona. She completed an MBA in Finance in 1996 from SMU Cox School of Business. 

Career 

Colette Kress worked at Microsoft for 13 years. She spent four years as chief financial officer (CFO) of the Server and Tools division and held senior roles in corporate planning and finance. Prior to that, she served at Texas Instruments in a variety of finance

Kress also served as Corporate VP at Microsoft from 2006 to 2010, a tenure lasting 4 years and 8 months. 

She then moved to Cisco, where she was the Senior Vice President and CFO for Business Technology and Operations Finance till 2013.

In 2013, Kress was offered to serve as the CFO of NVIDIA, which was at the time a simple chip maker company. Kress’s sons who were 8 and 10, encouraged her to join the company, since the games they played on their computers were powered by NVIDIA’s chips. 

Colette Kress joined NVIDIA in 2013. She has since overseen one of the most significant revenue increases in history. NVIDIA’s valuation went from $9 billion in 2013 to $3.4 trillion in 2024. 

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Latest Updates

As the CFO of NVIDIA, Colette Kress is recognized as one of the major forces behind NVIDIA’s astounding revenue ramp. Just this February, NVIDIA’s fourth-quarter data center business grew by 409%. Additionally, the company introduced its Blackwell platform, which is a “new class of AI super chip.”  It will allow corporations to build and run generative AI for up to 25 times less cost and energy consumption than its predecessor.

What is the Blackwell Platform? The Next Big Thing in AI and Computing World

FREQUENTLY ASKED QUESTIONS

How old is Colette Kress NVIDIA CFO?

Colette Kress, the current CFO of NVIDIA Corp is 56-57 years old. She joined the chip maker company in 2013 when she was 46 years old.

Who is Colette Kress?

Colette Kress is an American business executive and one of the most successful women in the corporate world. She is the Executive Vice President and Chief Financial Officer (CFO) of the GPU (Graphics Processing Unit) maker NVIDIA. 

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Raya is a tech enthusiast diving deep into New-Age technology, especially Artificial Intelligence (AI) and Machine Learning (ML). She is passionate about decoding the complexities and uses of new-age tech. Raya is on a mission to write articles that bridge the gap between technical jargon and everyday understanding, making AI and ML accessible to a wider audience.

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