Nvidia CEO Jensen Huang drops to world's 10th richest at $155 billion
Nvidia CEO Jensen Huang is now the world’s 10th-richest person with a net worth of $155 billion, down from 8th place after losing $7.4 billion amid a board investigation into his relationship with a suspected Chinese spy. Huang, who co-founded Nvidia in 1993 and owns over 3.5% of the company, admitted on November 8 to an affair with Alice Huang, whom US intelligence believes is a Chinese asset. Nvidia’s board has launched an independent investigation, though it states no evidence suggests national security was compromised. Born in Taiwan, Huang rose from a dishwasher at Denny’s to lead Nvidia, which he started with $40,000 and saved from near-bankruptcy by pivoting to PC graphics. His wealth soared during the AI boom as the company’s market value crossed multi-trillion-dollar thresholds.