Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Christiaan Hetzner

Nvidia's Jensen Huang loses $10 billion in a day after historic stock rout—and more pain may be in store

Nvidia CEO and founder Jensen Huang (Credit: Thearon W. Henderson—Getty Images)

Tuesday’s sell-off in the Nasdaq marked a difficult day for the world’s wealthiest tech entrepreneurs. Elon Musk, Mark Zuckerberg and Jeff Bezos all saw billions of dollars in net worth go up in smoke—but none lost as much as Jensen Huang.

the Nvidia founder and CEO was still a centibillionaire when this week started. Yet the biggest single-day plunge in a stock ever recorded cost Huang $9.8 billion, according to estimates by Bloomberg and Forbes that track the fortunes of the ultra-rich.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.