Why Jensen Huang will lose Rs.900 crore after Nvidia exit - just 0.08% of his Rs.11.5 lakh crore fortune
New Delhi, Nov. 13 -- Nvidia co-founder Jensen Huang is set to lose approximately Rs.900 crore ($108 million) in unvested stock compensation following his reported exit from the artificial intelligence chipmaker.
However, the financial setback represents only a tiny fraction of his estimated Rs.11.5 lakh crore ($138.4 billion) fortune.
According to a Bloomberg report, the stock awards Huang stands to forfeit account for just 0.08% of his total wealth, as calculated by the Bloomberg Billionaires Index.
Under Nvidia's equity compensation policy, executives who leave the company before their restricted stock units (RSUs) vest are required to surrender the unvested awards.
Huang reportedly holds approximately 3.46 lakh such units.
He wou...
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