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Jensen Huang’s net worth drops $6.5 billion as Nvidia stock slides in the fallout of spy affair scandal investigation
Jensen Huang is no longer one of the top 10 richest billionaires in the world, tumbling down past Walmart heirs Jim Walton and Rob Walton.
Brief
Nvidia cofounder Jensen Huang has fallen out of the world's 10 richest people after new probes into his reported relationship with a suspected Chinese spy hit the chipmaker's shares. The day after Huang admitted infidelity, his net worth fell $6.5 billion, while Nvidia shares closed 4.3% lower at $178.67 after dropping as much as 9% on Monday. Bloomberg Billionaires Index data puts him 12th globally with $148 billion, and a September 2026 filing shows he holds roughly 3.5% of the company. Nvidia's board has opened an independent review of reports that Huang was a target of a foreign intelligence effort, and a law firm has sued the company and its CEO over alleged nondisclosure of his ties to the accused spy. The article says further probes and lawsuits could keep weighing on the stock and his wealth.
Why it matters: The episode shows how quickly executive scandals and regulatory probes can reshape the fortunes of tech and crypto founders, whose wealth often tracks company stock.
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