Seven Nvidia-linked billionaires lose wealth in Huang scandal

Among others, Huang himself lost the most: his assets decreased by approximately $62 billion to $145 billion.

Consensus

Seven billionaires connected to Nvidia lost approximately one-third of their wealth due to a scandal involving Jensen Huang.
Jensen Huang's net worth decreased by about $62 billion, reducing his wealth to $145 billion.
Huang's decline caused him to fall out of the top ten richest people in the world.
Three of the seven billionaires lost their billionaire status.
Nvidia's stock dropped significantly, with a 31% decline from its October peak.
The scandal began on November 8.
Nvidia's valuation dropped from $5.8 trillion in October to approximately $3.9 trillion.
The financial director Collette Kress and former executive vice president Jay Puri lost billionaire status.
Brooke Sivell, a board member, also lost billionaire status.

Mark Stevens and Tench Cox, major shareholders and board members, saw their wealth reduced by $2 billion and $2.2 billion respectively. — vm
The scandal may cause Nvidia to lose $250 billion in value. — vm
Mark Stevens sold $1.4 billion in Nvidia shares before taxes at the start of the year. — vm
Brooke Sivell is listed as a board member who lost billionaire status. — tg_varlamov_news