Jensen Huang’s Nvidia Exit Erases More Than $20 Billion in Personal Wealth

Nvidia’s stock decline has reduced the value of Jensen Huang’s equity holdings by more than $20 billion over the past week.

A September filing with the Securities and Exchange Commission disclosed that Huang held beneficial ownership of approximately 811.5 million Nvidia shares, including roughly 70.1 million shares held directly and hundreds of millions more through trusts and other entities.

Using Nvidia’s closing price of $186.64 on Friday, November 6, and intraday trading around $161, the market value of Huang’s stake fell by more than $20 billion during the week.

The decline reflects a reduction in share valuation rather than realized losses from stock sales. Huang’s resignation does not automatically affect his ownership of those shares.

Nvidia CEO Jensen Huang Steps Down Amid Investigation Into Alleged Ties to Chinese Intelligence Operative

October 21, 2026, Berlin: Jensen Huang, co-founder and chief executive officer of Nvidia, speaks at GTC Berlin. (Soeren Stache/picture alliance via Getty Images / Getty Images)

Nvidia announced on Thursday that Huang had resigned from his roles as president, chief executive officer, and board member.

His departure came days after he admitted to marital infidelity.

Trump Says Only One Person Can Succeed Jensen Huang as Nvidia CEO

President Donald Trump presents the National Medal of Science to Nvidia’s Jensen Huang at the “Golden Age of American Innovation Summit” held at the U.S. Institute of Peace in Washington, D.C., on October 8, 2026. (Kent Nishimura / AFP via Getty Images / Getty Images)

In a Sunday email to employees that Nvidia shared publicly, Huang acknowledged that he had been unfaithful to his wife.

“My actions hurt her and our children. There is no excuse for what I did. I am deeply sorry,” he said in part of the statement. “Regarding the national security concerns raised in news reports, NVIDIA’s Board of Directors has initiated an independent investigation.”

Meet Colette Kress: Nvidia’s New Interim CEO

Kenny Polcari, chief market strategist at Slatestone Wealth, discussed the Nvidia matter after former CEO Jensen Huang was summoned to testify before Congress. Polcari said he remains favorable toward Nvidia stock but is also watching Micron.

The company’s board said in a Sunday statement that it was “initiating an independent investigation in light of recent reporting that founder and CEO Jensen Huang has been the target of a foreign intelligence effort.”

Reporting by The New York Times has suggested that Huang had a relationship with a Chinese woman suspected of being a spy. An article published last week stated, “A memo that circulated among top policymakers in the Trump administration last spring cited intelligence that a Chinese businesswoman who had a close relationship with Nvidia’s chief executive was a spy for China’s Ministry of State Security, according to people briefed on the intelligence.”

Attorney General Todd Blanche indicated on Thursday that the Department of Justice had not reached a conclusion regarding whether the woman is a spy.

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