Jensen Huang forfeits $108 million in Nvidia stock after ouster

Jensen Huang will forfeit approximately $108 million in unvested Nvidia stock awards after being ousted from the company, a sum representing roughly 0.08% of his $138.4 billion net worth. The forfeiture stems from Nvidia's policy that unvested restricted stock units are lost upon termination of continuous service. Huang holds about 346,000 unvested units and would receive roughly 310,000 shares through the equity incentive plan if performance targets are met. His wealth derives almost entirely from a 3.5% voting stake in Nvidia common shares, comprising nearly 97% of his fortune, with no privileged voting rights since the company has one share class. The 63-year-old co-founder stepped down following revelations of two extramarital affairs, having received about $7.5 million in annual cash compensation over the past two years. His resignation triggered a 14% intraday share plunge before closing down 4.3% at $166.19, erasing over $6 billion from his net worth.