Nvidia CEO's Net Worth Fell Below $160 Billion Following The Scandal
- 9.11.2026, 20:30
Earlier, Jensen Huang admitted to having an affair with a Chinese spy.
The net worth of Nvidia co-founder and CEO Jensen Huang fell by $7.9 billion in a single day to $154.7 billion, according to data from Forbes. As a result, he dropped from eighth to tenth place on the billionaire list.
Most of Jensen Huang’s fortune comes from his stake in the tech company Nvidia. According to Bloomberg data as of September 2026, Huang owned approximately 3.4% of the company’s shares, both personally and through family trusts.
During trading on November 9, Nvidia (NVDA) shares on the NASDAQ hit a low of $170.26, down 8.8%. By 7:05 p.m. Moscow time, the decline had slowed to 5.13%. As a result, the company’s market capitalization fell to $4.29 trillion. Nevertheless, Nvidia still ranks second among the world’s most valuable companies.
Nvidia shares fell during U.S. trading after the company’s board of directors launched an investigation into its CEO, Jensen Huang.
The Nvidia CEO is suspected of having “close ties” with the head of the Singapore-based company Megaspeed Alice Huang, whom U.S. intelligence agencies believe was recruited by the Chinese Ministry of State Security. According to the Financial Times, the two were in a romantic relationship. U.S. intelligence agencies believe this could have led to the leak of confidential data on artificial intelligence technologies from the United States and to attempts to circumvent export restrictions.