{
  "id": 19786011,
  "title": "Singapore-based billionaire investor Leo KoGuan says no further investment in Nvidia after Jensen Huang's resignation",
  "url": "https://urgent.news/2026/11/13/singapore-based-billionaire-investor-leo-koguan-says-no-further",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-13T09:37:50.000Z",
  "source": {
    "name": "VnExpress Business",
    "slug": "vnexpress-business",
    "url": "https://e.vnexpress.net/news/business/billionaires/singapore-based-billionaire-investor-leo-koguan-says-no-further-investment-in-nvidia-after-jensen-huang-s-resignation-5144354.html"
  },
  "original_language": "en",
  "account": "Singapore-based billionaire investor Leo KoGuan announced on Friday that he would not invest further in Nvidia following the resignation of CEO Jensen Huang. KoGuan, who has poured around $1.3 billion into the company, made his stance clear in a message to Bloomberg. Huang's departure followed reports of several alleged affairs, one involving a woman suspected of being a Chinese spy. Beijing has denied these espionage claims.\n\nThe scandal effectively marked the end of Huang's three-decade-long leadership of Nvidia, a company that has been instrumental in driving the global artificial intelligence boom. KoGuan defended Huang on social media platform X, describing him as \"the supreme creator\" of the super-intelligence industry and chips. Despite acknowledging Huang's mistakes, KoGuan urged prioritizing rewards over punishments and defended Huang as a \"good guy\" and an \"indisputable super-intelligence leader\" both in America and globally.\n\nKoGuan, born in Indonesia, began investing in Nvidia in March when he purchased 1 million shares, valued at $180.05 million at the time. Forbes reported. Previously, KoGuan was one of Tesla's biggest individual shareholders, but he claimed in 2024 that he had begun reducing his investment in the electric-car manufacturer. KoGuan also founded IT solutions provider SHI International and serves as its chairman. As of September, Forbes ranked KoGuan as Singapore's ninth-richest individual, with a net worth estimated at $8.6 billion.",
  "summary": "Leo KoGuan, a billionaire investor based in Singapore, has said he will not raise his stake in Nvidia after Jensen Huang resigned as the chipmaker's CEO.",
  "key_points": [
    "Leo KoGuan, Singapore-based billionaire, will not invest further in Nvidia.",
    "Jensen Huang's resignation follows alleged affairs and espionage claims.",
    "KoGuan defended Huang as a \"supreme creator\" of the super-intelligence industry."
  ],
  "editors_take": "The loss of a foundational leader creates immediate instability for major stakeholders, signaling that even the most significant capital commitments are contingent upon the presence of specific visionary executives.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Bloomberg",
        "title": "Billionaire KoGuan Vows Not to Buy Nvidia Stock as Huang Quits",
        "url": "https://urgent.news/2026/11/13/billionaire-koguan-vows-not-to-buy-nvidia-stock-as-huang-quits",
        "published": "2026-11-13T06:30:43.000Z"
      }
    ]
  },
  "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."
}