{
  "id": 19739424,
  "title": "Jensen Huang forfeits $108 million in unvested Nvidia equity",
  "url": "https://urgent.news/2026/11/13/jensen-huang-forfeits-108-million-in-unvested-nvidia-equity",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-13T01:05:44.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/us-stocks/news/jensen-huang-forfeits-108-million-in-unvested-nvidia-equity/articleshow/135785775.cms"
  },
  "original_language": "en",
  "account": "Jensen Huang forfeited approximately $108 million in unvested equity compensation from Nvidia Corp. following his ousting from the company. This represents around 0.08% of his total net worth, which Bloomberg Billionaires Index estimates at $138.4 billion. According to the company's equity compensation policy, unvested restricted stock units (RSUs) are forfeited when an executive terminates continuous service. Huang holds approximately 346,000 such RSUs, which would convert to around 310,000 shares assuming the company's performance meets specific targets.\n\nHuang's wealth is primarily derived from his ownership of Nvidia's common shares, not stock options or other forms of equity compensation. He holds about a 3.5% voting stake in the Santa Clara, California-based firm, making up nearly 97% of his wealth, as per Bloomberg's wealth index. Huang doesn't hold any privileged voting rights as the company has only one class of shares.\n\nThe 63-year-old co-founder stepped down from Nvidia after revelations of two extramarital affairs. In the past two years, he received about $7.5 million in cash compensation from the company, a minuscule amount compared to his net worth. However, his resignation resulted in immediate financial repercussions. Nvidia shares plummeted up to 14% in New York trading before settling at a 4.3% loss, closing the day at $166.19, erasing over $6 billion from Huang's net worth.",
  "summary": "The relinquished awards represent roughly 0.08% of his net worth, according to the Bloomberg Billionaires Index, which puts his fortune at $138.4 billion.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Business Insider",
        "title": "Meet Lisa Su, Jensen Huang's cousin, who's CEO of Nvidia rival AMD",
        "url": "https://urgent.news/2026/11/12/meet-lisa-su-jensen-huangs-cousin-whos-ceo-of-nvidia-rival-amd",
        "published": "2026-11-12T20:59:14.000Z"
      }
    ]
  },
  "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."
}