Jensen Huang’s Net Worth Is Down 12% This Week As Affairs Scandal Hits Nvidia Stock

First reported by The Economist at Wed 3:56 PM · 23 outlets in all

1. Financial Times(subscription required)2hThe downfall of Jensen HuangAfter 33 years building Nvidia into the world’s most valuable company, its founder’s career disintegrated in less than two weeks
2. CNN2hJim Cramer on Nvidia scandal: Jensen Huang “let me down”
3. The Hill6h5 takeaways from Nvidia’s Jensen Huang scandalCorporate America is in the midst of its most dramatic scandal in years. Jensen Huang, the CEO and co-founder of Nvidia, resigned Thursday after admitting to one extramarital affair, with a woman suspected of being a Chinese agent, and amid new reporting of a second affair, this time with an Nvidia colleague. The vast company…
4. Mashable7hA third Jensen Huang affair just droppedThe ousted Nvidia leader was allegedly sleeping with multiple employees in addition to allegations he had an affair with a Chinese spy.
5. Wired(subscription required)7hJensen Huang Is Out. Will Nvidia’s Rivals Cash In?In a special episode of “Uncanny Valley,” we break down Jensen Huang’s resignation from Nvidia, what comes next for the company, and where the AI industry goes from here.
6. Forbes8hJensen Huang’s Net Worth Is Down 12% This Week As Affairs Scandal Hits Nvidia StockJensen Huang started the week with a net worth of $162.2 billion, and ended Thursday’s trading day at $143 billion.
7. The Verge12hThe Jensen Huang scandal is hardly overI was certain, until the story of Jensen Huang's second affair hit, that Huang was bulletproof. After all, why wouldn't he be? He's placed himself indispensably at the center of the AI industry and famously had no succession plan at Nvidia. In fact, he's the only CEO Nvidia has ever had. L'état c'est moi. Then
8. Fortune(subscription required)14hJensen Huang’s net worth drops $10 billion as Nvidia stock slides in the fallout of affair scandals with company exec and alleged spyJensen Huang is no longer one of the top 10 richest billionaires in the world, tumbling down past Walmart heirs Jim Walton, Rob Walton, and Alice Walton.
9. Yahoo Sports14hRaiders stock watch: Who’s up, who’s down heading into Week 10As we enter the home stretch of the season, we take a look at whose arrow is pointing up and whose is pointing down.
10. NY Post14hNvidia’s stock slides 11% in opening trades after CEO Jensen Huang resigns over affairsNvidia shares plunged more than 11% in early trades on Thursday after CEO Jensen Huang resigned over an affair with an alleged Chinese spy and another report surfaced that he also had an affair with a subordinate. The tech-heavy Nasdaq-100 slipped 0.6% and S&P 500 gained 1.3%. Nvidia is down in total 17% in November and...
11. TechCrunch15hThe unfolding Jensen Huang scandal: a timelineJensen Huang has resigned from Nvidia following an affair, which could have ramifications for national security as the U.S. and China race to develop the most advanced AI infrastructure.
12. NPR15hNvidia CEO Jensen Huang steps down amid alleged spy scandalHuang co-founded the chipmaker Nvidia, which has become one of the driving forces behind the AI boom. But reports that he may have had an affair with an alleged Chinese spy quickly sank his career.
13. Engadget15hJensen Huang is out as NVIDIA CEOHe has held the position since the company's founding in 1993, but has recently been embroiled in an international scandal.
14. CBS News15hNvidia CEO Jensen Huang resigns in wake of affair, spy scandalNvidia CEO Jensen Huang has resigned effective immediately, the company's board of directors announced Thursday.
15. Hacker News15hNvidia CEO Jensen Huang resigns after reports of second affair deepened scandal
16. AP17hJensen Huang steps down and Nvidia shares drop
17. New York Times(subscription required)17hNvidia Stock Tumbles After Jensen Huang Resigns as CEONews that the chipmaker’s chief executive, Jensen Huang, resigned drove Nvidia’s stock down, though the broader market rose slightly.
18. The Atlantic(subscription required)17hThe Scandal Is Bigger Than Jensen HuangNo business executive should have so much political power that they can’t be held to account.
19. CNBC20hNvidia stock closes down over 4% after CEO Jensen Huang announces resignationChief Financial Officer Colette Kress will serve as interim CEO until a new leader is appointed.
20. Ars Technica30hNvidia CEO Jensen Huang has resignedNvidia CEO also had an affair with a senior executive at the firm.
21. The Defiant31hNvidia Falls After Report of Huang Affair With ExecutiveThe New York Times reported a relationship with health-care VP Kimberly Powell, who reports to Huang, raising a separate workplace-governance question while a board investigation is underway.
22. Crypto Briefing31hNvidia stock drops 4% after-hours amid CEO Jensen Huang affair reportsInvestor confidence in Nvidia may waver, impacting short-term stock performance and prompting scrutiny of leadership stability and governance.
23. The Economist(subscription required)31hThere has never been a scandal like the Jensen Huang affairA journey through the annals of corporate crises