{
  "id": 19694026,
  "title": "Jensen Huang built Nvidia into a $4 trillion AI giant but owned less than 4% of it, leaving him without the super-voting power to protect his CEO role",
  "url": "https://urgent.news/2026/11/12/jensen-huang-built-nvidia-into-a-4-trillion-ai-giant-but-owned-less",
  "topic": "ai",
  "section": "AI",
  "published": "2026-11-12T18:28:04.000Z",
  "source": {
    "name": "Fortune",
    "slug": "fortune",
    "url": "https://fortune.com/2026/11/12/jensen-huang-nvidia-ceo-resignation-ai-chip-founders-voting-power-board-control-mark-zuckerberg-meta-stock-market/"
  },
  "original_language": "en",
  "account": "Jensen Huang, the billionaire former CEO of Nvidia, once revealed that he could be fired at any time if he did not perform his job adequately, according to a January podcast interview. This statement highlights the fact that Nvidia operates differently from other Silicon Valley companies, where the CEO often has significant control over the board and shareholders. In Nvidia's case, the company's bylaws ensure that the CEO is accountable to the board of directors, which in turn reports to shareholders. This structure is different from companies like Meta, where the CEO and cofounder Mark Zuckerberg holds considerable power due to the company's dual class share structure. As a result, Huang owned only about 3.58% of Nvidia as of March, which did not give him disproportionate voting power or the ability to independently elect or remove Nvidia's directors. Despite being the largest individual shareholder, Huang lacked the voting power to protect his CEO position, unlike other tech founders who wield outsized control over their companies.",
  "summary": "Huang was the largest individual shareholder, but couldn’t decide the makeup of the board on his own due to the company’s share structure.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}