Nvidia CEO Jensen Huang loses $7.4 billion in a single day, slips in top 10 billionaire list amid affair probe
India, Nov. 10 -- Nvidia chief executive Jensen Huang had a rather disappointing start to the trading week, with his personal fortune taking a $7.4 billion (Around Rs.69,520.82 crore) hit in the first half-hour of trading on Monday, November 9, as the firm's shares slid amid a company investigation into his admission of an affair.
His net worth fell from $162.2 billion to $154.7 billion, pushing him down from eighth to 10th place on Forbes' real-time billionaire rankings, below Berkshire Hathaway's Warren Buffett and Oracle's Larry Ellison.
Nvidia shares were down 5.5 per cent at 1:30 pm EST on Monday, after falling as much as seven in premarket trading, according to Forbes, whose report said the sell-off briefly wiped out $10.3 billion...
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