From Malay Mail · Malay Mail · · 2m
Nvidia CEO's affair sparks $75b divorce speculation
Nvidia boss Jensen Huang admits affair, raising potential $75 billion divorce settlement dwarfing Jeff Bezos' payout.
In brief
Nvidia boss Jensen Huang admits affair, raising potential $75 billion divorce settlement dwarfing Jeff Bezos' payout. Nvidia CEO Jensen Huang's admission of extramarital affair has sparked speculation about a potential $75 billion divorce settlement with his wife Lori, which could surpass Jeff Bezos' $38.3 billion…
Affair admission
Nvidia CEO Jensen Huang admitted to an extramarital affair, sparking speculation about a potential $75 billion divorce settlement with his wife Lori.
“I was unfaithful to my wife”
Potential settlement size
Forbes estimates Lori could receive at least $75 billion if the couple divorces, dwarfing Jeff Bezos' $38.3 billion payout from his 2019 divorce.
“Lori could potentially receive at least us75 billion”
Current marital status
The Huangs have not announced a separation or divorce, and there is no public indication Lori intends to end their marriage.
“The huangs have not announced a separation or divorce”
National security investigation
Nvidia's board launched an independent investigation into whether Huang was targeted by a foreign intelligence operation.
“Nvidia board launched an independent investigation”
Shareholder lawsuit
Nvidia and Huang face a proposed class action lawsuit alleging they misled investors by failing to disclose Huang's relationship with Alice Huang.
“The lawsuit seeks unspecified damages”
Stock impact
Nvidia shares fell 4.3 percent, wiping approximately $190 billion off the company's market value and briefly pushing Huang out of the world's 10 richest people.
“Nvidia shares fell 43 percent”
Marital history
Huang and Lori met at Oregon State University in the mid-1980s and married before co-founding Nvidia in 1993.
“Met while studying at oregon state university”
Financial arrangements
Huang's beneficial ownership stood at approximately 3.58 percent of Nvidia, with shares held through trusts co-trusted by him and Lori.
“Huang's beneficial ownership stood at approximately 358 percent”
Comparison to Bezos
Bezos' wife MacKenzie Scott received $38.3 billion from Amazon in their 2019 divorce, while Huang's potential $75 billion settlement dwarfs this amount.
“MacKenzie Scott received us383 billion”
Divorce settlement context
Under California law, marital property is divided equally while separately owned assets may be excluded in divorce settlements.
“Under california law marital property is divided equally”
Other tech billionaires
Bill Gates and Melinda French Gates' divorce settlement is estimated at $25 billion, while Sergey Brin's ex-wife may have received up to $1 billion.
“Bill gates and melinda french gates divorce settlement is estimated at us25 billion”
Current status
Lori has made no public statement about Huang's admission or the future of their marriage, with the $75 billion figure remaining hypothetical.
“Lori has made no public statement”
The main idea
Nvidia CEO Jensen Huang's admission of extramarital affair has sparked speculation about a potential $75 billion divorce settlement with his wife Lori, which could surpass Jeff Bezos' $38.3 billion payout from his 2019 divorce.
