Jensen Huang controversy puts spotlight on scandalous celebrity divorces with eye-watering settlements
The Nvidia controversy has renewed interest in celebrity divorces, from billionaire fortunes and reported multi-billion-dollar settlements to infidelity scandals and financial arrangements kept private.
Nvidia CEO Jensen Huang witnessed a staggering $7.4 billion loss in his net worth within a mere 30 minutes on Monday, causing his rank to drop from 8th to 10th on Forbes' list of the world's richest people. This precipitous decline was precipitated by a sharp drop in Nvidia's share price following Huang's admission to having an affair.
The company's shares opened more than 7 percent lower, resulting in a $10.3 billion wipeout of his fortune. Currently, Huang's net worth stands at $154.7 billion, below that of Berkshire Hathaway chairman Warren Buffett and Oracle co-founder Larry Ellison.
Written by urgent.news from Times of India's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- Who Is Alice Huang, the Woman in the Middle of Nvidia’s Spy Scandal? nytimes.com
- Advantage China? How Nvidia CEO's affair with Chinese spy Alice Huang could impact US timesofindia.indiatimes.com
