Nvidia CEO Jensen Huang loses $7.4 billion as shares slide, drops to No. 10 on Forbes list

Nvidia CEO Jensen Huang lost $7.4 billion in net worth during the first 30 minutes of trading on Tuesday, causing him to drop two spots to No. 10 on the Forbes Real-Time Billionaires List. The decline, from $162.2 billion to $154.7 billion, followed a sell-off triggered by an investigation into Huang's relationship with an alleged Chinese spy. This was the first trading session since Nvidia confirmed the probe, placing Huang below Warren Buffett and Larry Ellison. Analysts warn the controversy could create near-term uncertainty for the chipmaker, potentially delaying investment decisions, product shipments, and launches. Some experts also raise concerns about corporate governance, national security, and investor sentiment if the investigation leads to a leadership change.