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Huang’s $60B Fortune Loss

Huang’s $60B Fortune Loss

Jensen Huang’s wealth fell from $203.2 billion on October 3 to about $143.2 billion—a drop of nearly $60 billion, or 30%—as Nvidia shares declined. The decline began before reports about him emerged, amid a sell-off in AI stocks, then accelerated as the stock fell after reports about his personal life and an independent investigation into unsubstantiated espionage allegations circulated, culminating in his resignation as company president and from its board of directors. His wealth was heavily affected because he owns about 3.5% of Nvidia, tying its value directly to the stock’s performance.

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