Nvidia CEO Jensen Huang has seen a dramatic fall in his personal fortune following a big drop in the firm’s stock price on the market. In just one day Jensen Huang fell out of the top eight richest people in the world losing around $7.4 billion in total, according to real time billionaire figures from Forbes.

In just the first half hour of trading on Monday November 9th 2026 Jensen Huang’s net worth fell from $162.2 billion to $154.7 billion.

Why Did Jensen Huang Lose Millions Of Dollars?

The main reason Jensen Huang saw his wealth fall dramatically was due to a big drop in the value of Nvidia’s stock price. The stock price plunged by over 7% in pre-market trading before falling by around 5.5%.

As much Jensen Huang’s wealth is tied up in Nvidia stock this resulted in his billionaire status dropping.

He fell out of the top eight richest people in the world and into tenth place behind Warren Buffett and Larry Ellison.

Controversy Over Jensen Huang And Alice Huang

The drop in Nvidia’s stock price comes at a time when Jensen Huang has seen some controversy come his way due to reports he was involved in a relationship with Chinese businesswoman Alice Huang.

According to reports Alice Huang was suspected due to US intelligence findings to be involved with China’s intelligence agency and was trying to gain information on Jensen Huang and the semiconductor industry.

This has not been proved to be any confirmed espionage but has caused much controversy due to Nvidia’s importance in the artificial intelligence and semiconductor industry globally.

Nvidia Board Launches Investigation

• Following the reports Nvidia’s board announced they would launch an investigation into the matter with outside directors and legal experts.
• They stated there was no reason to believe any national security or business secrets were compromised.
• Jensen Huang reportedly admitted to the controversy in an internal statement to employees, saying he was sorry for what he did and supported the investigation.

Donald Trump Backs Jensen Huang

Donald Trump, the United States’ president, has commented on the situation, stating Jensen Huang was a good man and will be included in his upcoming China trip.

The situation has drawn attention due to Nvidia being one of the most influential companies in the AI chip market globally and the importance the relationship has between the United States and China in the semiconductor industry.

What Happens Next For Nvidia?

• The recent events have raised questions regarding Nvidia’s performance on the stock market. The company is at the forefront of the artificial intelligence revolution providing sophisticated processors for use in AI data centres, cloud computing and high performance computing.
• Investors will be watching to see how the company performs in its next set of results and the outcome of the investigation.
• Despite Jensen Huang’s loss in billionaire status, Nvidia’s future rely’s on the global demand for artificial intelligence chips, semiconductors and data centres.