Forbes: Three Businessmen Lost Their Billionaire Status Due To The Huang Scandal
1- 15.11.2026, 20:17
Nvidia's stock fell 11%.
Seven billionaires linked to Nvidia have collectively lost about a third of their wealth amid scandal surrounding the mistresses of the company’s founder and CEO Jensen Huang, with three of them no longer billionaires. Forbes reports this.
The article notes that amid the scandal, the company’s stock has fallen 11% since November 8 and 31% from its October high. Huang’s net worth has since fallen to $145 billion, and the former Nvidia CEO has dropped out of the top 10 richest people in the world. The combined net worth of six other current and former executives and board members decreased by $5.6 billion, to approximately $21 billion.
The following individuals lost their billionaire status: Nvidia CFO Colette Kress, former Executive Vice President of Global Operations Jay Puri, and venture capitalist and board member Brooke Sewell.
Nvidia CEO Jensen Huang is suspected of having a romantic relationship with a woman whom U.S. intelligence agencies believe to be a Chinese intelligence agent. According to media reports, she was recruited to spy and attempt to circumvent U.S. bans on the export of AI chips to China. Huang apologized to his employees and his family, admitting to the affair. However, journalists soon reported on another of Huang’s affairs—this time with a subordinate, Nvidia Vice President Kimberly Powell. On November 12, Huang stepped down from his position.
Bank's name: Bank Millennium S.A.
Address: ul. Stanislawa Zaryna, 2A, 02-593, Warszawa
IBAN: PL97116022020000000216711123
SWIFT: BIGBPLPW
Name of the account holder: Fundacja “KARTA ‘97”
Purpose/title of payment: Donation for statuary aims
You can contact us by the e-mail charter97@gmail.com
