By Emma Burleigh
Publication Date: 2026-11-10 15:40:00
New probes into Jensen Huang’s alleged relationship with a suspected Chinese spy have sent Nvidia stock sliding this week—and now, the billionaire CEO is no longer one of the 10 richest people in the world as his wealth continues to slide down the rankings.
The day after the Nvidia cofounder confirmed he had been “unfaithful” to his wife, his wealth dropped by $6.5 billion. Meanwhile, his company’s stock fell by as much as 9% by Monday, winding up 4.3% lower at $178.67 per share.
Huang owns around 870 million shares (roughly 3.5%) of the $4.3 trillion business in his own name and family trusts, according to a September 2026 filing, which represents the bulk of his fortune.
The loss has sent him tumbling down the ultra-rich list past Walmart heirs Jim Walton and Rob Walton, according to the Bloomberg Billionaires Index.
But Huang is still worth a whopping $148 billion and is the 12th wealthiest person in the world.
Fortune has reached out to Nvidia for comment.
Further investigations and lawsuits could continue to impact Nvidia’s stock and Huang’s net worth
Investors and the public alike are reeling from the most recent investigations into Huang’s alleged spy affair scandal. Last month, the New York Times reported that the CEO had formed a relationship with Alice Huang, a Chinese executive at Singapore-based data center company Megaspeed, which buys Nvidia’s AI chips.
On Sunday, Nvidia’s board launched an independent…
