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

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23 outlets covering · First listed: Forbes, Nov 12, 2026, 3:27 PM · Read it: <https://www.forbes.com/sites/fionariley/2026/11/12/jensen-huangs-net-worth-is-down-12-this-week-as-affairs-scandal-hits-nvidia-stock/>

Jensen Huang started the week with a net worth of $162.2 billion, and ended Thursday’s trading day at $143 billion.

AI summary (may contain mistakes): Jensen Huang has stepped down as Nvidia CEO, with Colette Kress named interim CEO. His departure followed reports of a romantic relationship with businesswoman Alice Huang, whom US authorities suspect of spying for China; CNN reported that US officials disagree on whether intelligence collected so far proves it. Senate Banking Committee Chairman Tim Scott has asked Huang and Commerce Secretary Howard Lutnick to testify.

## Who's covering it

In the order they published:

- Nov 11, 2026, 3:56 PM: [There has never been a scandal like the Jensen Huang affair](<https://www.economist.com/business/2026/11/11/there-has-never-been-a-scandal-like-the-jensen-huang-affair>) — The Economist (Magazine, United Kingdom, rated Center)
  A journey through the annals of corporate crises
- Nov 11, 2026, 4:26 PM: [Nvidia stock drops 4% after-hours amid CEO Jensen Huang affair reports](<https://cryptobriefing.com/nvidia-stock-drops-4-after-hours-amid-ceo-jensen-huang-affair-reports/>) — Crypto Briefing (Specialist)
  Investor confidence in Nvidia may waver, impacting short-term stock performance and prompting scrutiny of leadership stability and governance.
- Nov 11, 2026, 4:45 PM: [Nvidia Falls After Report of Huang Affair With Executive](<https://thedefiant.io/frontier/ai/nvidia-falls-after-report-of-huang-affair-with-executive>) — The Defiant (Specialist)
  The 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.
- Nov 11, 2026, 5:10 PM: [Nvidia CEO Jensen Huang has resigned](<https://arstechnica.com/gadgets/2026/11/ceo-jensen-huangs-job-is-suddenly-on-the-line-at-nvidia/>) — Ars Technica (Digital news, United States)
  Nvidia CEO also had an affair with a senior executive at the firm.
- Nov 12, 2026, 3:06 AM: [Nvidia stock closes down over 4% after CEO Jensen Huang announces resignation](<https://www.cnbc.com/2026/11/12/nvidia-nvda-jensen-huang-second-affair.html>) — CNBC (Business & finance, United States, rated Center)
  Chief Financial Officer Colette Kress will serve as interim CEO until a new leader is appointed.
- Nov 12, 2026, 6:00 AM: [The Scandal Is Bigger Than Jensen Huang](<https://www.theatlantic.com/international/2026/11/nvidia-china-ai-regulation/689387/>) — The Atlantic (Magazine, United States, rated Lean left)
  No business executive should have so much political power that they can’t be held to account.
- Nov 12, 2026, 6:22 AM: [Nvidia Stock Tumbles After Jensen Huang Resigns as CEO](<https://www.nytimes.com/2026/11/12/business/nvidia-stock-price-jensen-huang-ceo-affair.html>) — New York Times (Newspaper, United States, rated Lean left)
  News that the chipmaker’s chief executive, Jensen Huang, resigned drove Nvidia’s stock down, though the broader market rose slightly.
- Nov 12, 2026, 6:26 AM: [Jensen Huang steps down and Nvidia shares drop](<https://news.google.com/rss/articles/CBMitAFBVV95cUxNVmE5NnFhVTJwdTM3SGR0LWZQaHhWTzRGQnhqel9JbWN0WmFlV2xwbGhhSFkwaXFKVnRBZTlObmNRSmxmV3ZaV0h4MEpxWnBfVTRfMjRnNHFDSHFlWlJBTzl1a1Bua3c0WHJucFF4RnFKSXRKZWttay1mRzE2b2pXZkRFa3JGdHZtT2M4ZEQ1NmV1VEVCdG1mTGpiQXZfb29IMy1INzlJbnpORDNEcndQSEtULUY?oc=5>) — AP (Wire service, United States, rated Center)
- Nov 12, 2026, 7:56 AM: [Nvidia CEO Jensen Huang resigns after reports of second affair deepened scandal](<https://www.bbc.co.uk/news/live/c6zjry11v8w1t>) — Hacker News (Aggregator, United States)
- Nov 12, 2026, 7:59 AM: [Nvidia CEO Jensen Huang resigns in wake of affair, spy scandal](<https://www.cbsnews.com/news/nvidia-ceo-jensen-huang-resigns/>) — CBS News (TV network, United States, rated Lean left)
  Nvidia CEO Jensen Huang has resigned effective immediately, the company's board of directors announced Thursday.
- Nov 12, 2026, 8:04 AM: [Jensen Huang is out as NVIDIA CEO](<https://www.engadget.com/2314584/jensen-huang-is-out-as-nvidia-ceo/>) — Engadget (Digital news, United States)
  He has held the position since the company's founding in 1993, but has recently been embroiled in an international scandal.
- Nov 12, 2026, 8:17 AM: [Nvidia CEO Jensen Huang steps down amid alleged spy scandal](<https://www.npr.org/2026/11/12/nx-s1-6037833/jensen-huang-nvidia-board-fired>) — NPR (Public broadcaster, United States, rated Lean left)
  Huang 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.
- Nov 12, 2026, 8:30 AM: [The unfolding Jensen Huang scandal: a timeline](<https://techcrunch.com/2026/11/12/nvidia-ceo-jensen-huangs-affair-with-alleged-chinese-spy-a-timeline/>) — TechCrunch (Digital news, United States)
  Jensen 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.
- Nov 12, 2026, 9:01 AM: [Nvidia’s stock slides 11% in opening trades after CEO Jensen Huang resigns over affairs](<https://nypost.com/2026/11/12/business/nvidias-stock-slides-11-in-after-ceo-jensen-huang-resigns-over-affairs/>) — NY Post (Newspaper, United States, rated Lean right)
  Nvidia 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...
- Nov 12, 2026, 9:30 AM: [Raiders stock watch: Who’s up, who’s down heading into Week 10](<https://sports.yahoo.com/articles/raiders-stock-watch-down-heading-153044881.html>) — Yahoo Sports (Sports, United States)
  As we enter the home stretch of the season, we take a look at whose arrow is pointing up and whose is pointing down.
- Nov 12, 2026, 9:40 AM: [Jensen Huang’s net worth drops $10 billion as Nvidia stock slides in the fallout of affair scandals with company exec and alleged spy](<https://fortune.com/2026/11/12/ceo-jensen-huang-net-worth-drops-10-billion-nvidia-stock-slides-fallout-affair-scandals-company-exec-alleged-spy/>) — Fortune (Magazine, United States, rated Center)
  Jensen 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.
- Nov 12, 2026, 11:44 AM: [The Jensen Huang scandal is hardly over](<https://www.theverge.com/ai-artificial-intelligence/1032069/jensen-huang-resignation-affair-chips-smuggling>) — The Verge (Digital news, United States)
  I 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
- Nov 12, 2026, 3:27 PM: [Jensen Huang’s Net Worth Is Down 12% This Week As Affairs Scandal Hits Nvidia Stock](<https://www.forbes.com/sites/fionariley/2026/11/12/jensen-huangs-net-worth-is-down-12-this-week-as-affairs-scandal-hits-nvidia-stock/>) — Forbes (Magazine, United States, rated Center)
  Jensen Huang started the week with a net worth of $162.2 billion, and ended Thursday’s trading day at $143 billion.
- Nov 12, 2026, 4:14 PM: [Jensen Huang Is Out. Will Nvidia’s Rivals Cash In?](<https://www.wired.com/story/uncanny-valley-podcast-jensen-huang-is-out-will-nvidias-rivals-cash-in/>) — Wired (Magazine, United States)
  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.
- Nov 12, 2026, 4:27 PM: [A third Jensen Huang affair just dropped](<https://mashable.com/tech/jensen-huang-affair-with-multiple-nvidia-employees>) — Mashable (Digital news, United States)
  The ousted Nvidia leader was allegedly sleeping with multiple employees in addition to allegations he had an affair with a Chinese spy.
- Nov 12, 2026, 4:59 PM: [5 takeaways from Nvidia’s Jensen Huang scandal](<https://thehill.com/homenews/analysis/6217604-nvidias-jensen-huang-resigned/>) — The Hill (Newspaper, United States, rated Center)
  Corporate 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…
- Nov 12, 2026, 9:00 PM: [Jim Cramer on Nvidia scandal: Jensen Huang “let me down”](<https://news.google.com/rss/articles/CBMijAFBVV95cUxNYXJpRXk1aTgxelFpd3BxQTlGZFNUbXRNM01mOWJ3QXdtVkdBRnV4NU1EeUFBT3k2SzNRLWRydDZVTjZHaTVsajhvQlJNUmNSc2p2NFNuZHhCZWNvbDBJcS1BdC1NQkJRR3VXLXJlQ0dpelc5N1B4NVF0MXRNUnZ1b2RjYXp3cDFRaThKSQ?oc=5>) — CNN (TV network, United States, rated Lean left)
- Nov 12, 2026, 9:47 PM: [The downfall of Jensen Huang](<https://www.ft.com/content/ef8f85a6-e2d7-4d41-b70e-092b2567813a?syn-25a6b1a6=1>) — Financial Times (Newspaper, United Kingdom, rated Center)
  After 33 years building Nvidia into the world’s most valuable company, its founder’s career disintegrated in less than two weeks