The American billionaire lost US$6.8 billion in wealth. His net worth plummeted over 4% to $155.4 billion, and his global ranking fell from eighth to 10th, according to real-time data by Forbes.
Shares of Nvidia dipped 4.27% as the market reacted negatively to Jensen’s email to staff, in which he admitted to being unfaithful to his wife and accepted “full responsibility” for his actions.
A secret U.S. report warned months ago that Huang’s alleged mistress, Alice Huang (no relation), was a Chinese spy, according to the New York Times.
|
President and CEO of Nvidia Jensen Huang arrives at the 12th Annual Breakthrough Prize Ceremony 2026 held at the Barker Hangar on April 18, 2026 in Santa Monica, Los Angeles, California, U.S. Photo by NurPhoto via AFP |
Alice reportedly worked as a television reporter in China before becoming a senior executive at Megaspeed, a Singapore-based data center company that has become one of Nvidia’s largest customers in Southeast Asia.
Jensen’s letter prompted Nvidia’s board to launch an investigation into whether he had been the target of a foreign intelligence effort.
Nvidia remains the world’s second-most valuable company behind Apple. Its market cap, however, has dipped 7% so far this year to around $4.3 trillion.
Huang married Lori Mills in 1985, and they have two children, Spencer and Madison.
 |
|
The world’s biggest wealth losers on Nov. 9, 2026. Data by Forbes |
His wealth decline on Monday was four times that of the next billionaire, LVMH chairman Bernard Arnault, who lost $1.7 billion. The French fashion tycoon now ranks 17th globally with $121.6 billion in net worth.
American medical doctor Patrick Soon-Shiong, Chinese e-commerce tycoon Colin Huang, and Chinese battery tycoon Robin Zeng, rounded up the list of five largest wealth losers, with losses below $1 billion each.
The world’s largest wealth gainer on Monday was top billionaire Elon Musk, who added $47.8 billion to his net worth, which reached $897.5 billion.