bolt AI and tech · 2 min
Nvidia CEO's $19.2B wealth loss in 4 days, drops to 13th richest
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Huang lost USD 19.2 billion (Rs 1.81 lakh crore) over four days, biggest decline among billionaires.
Slipped from 8th to 13th richest person globally as Nvidia shares declined 4.3% on Thursday.
Huang resigned as President, CEO, and board member. CFO Colette Kress became interim CEO.
Huang owns 3.5% of Nvidia; his wealth directly tracks the company's share price movements.
Nvidia co-founder Jensen Huang lost an estimated USD 19.2 billion (Rs 1.81 lakh crore) over four days, based on a report by Zee Business. His net worth dropped from USD 162.2 billion to USD 143 billion, pushing him down from the world's 8th-richest person to 13th. The decline coincided with Nvidia shares falling 4.3% on Thursday to USD 166.19.
Huang resigned as President, CEO, and board member on November 12. The company appointed CFO Colette Kress as interim CEO and created a new Board Chair role, filled by Harvey C. Jones. Huang's fortune remains closely linked to Nvidia stock; he owns 3.5% of the company. His current net worth stands at USD 144.7 billion.
help What is not known yet
- Whether personal scandal directly caused the stock fall or merely coincided with it
- Why Nvidia shares specifically declined 4.3% on Thursday
- Full details of the alleged affair controversy and its verification status
forum Frequently asked questions
How much did Huang lose in his single worst day?expand_more
USD 8.2 billion (approximately Rs 77,252 crore) on Thursday, the biggest decline among world billionaires that day.
Why does Huang's wealth swing so sharply with Nvidia stock?expand_more
He owns 3.5% of Nvidia, so when the share price moves, his personal fortune moves proportionally by that amount.
Who replaced Huang as CEO?expand_more
Colette Kress, Nvidia's Chief Financial Officer, became interim CEO. The board is searching for a permanent successor.
Is Huang still a billionaire?expand_more
Yes. His net worth stands at USD 144.7 billion (approximately Rs 13.63 lakh crore), well above billionaire status.
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link Sources (1)
- Zee Business — Rs 1,81,000 Crore Lost in 4 Days! How did Nvidia's Jensen Huang slip from world's 8th-richest to 13th?
How we work: only facts that appear in the cited sources; quotes checked word for word; no opinion and no predictions. Written with the help of artificial intelligence and reviewed by automatic rules.