Jensen Huang’s fortune fell by $6.5 billion after Nvidia’s stock dropped as much as 9% before ending the week down 4.3% at $178.67 per share. The Nvidia chief executive owns roughly 870 million shares, or about 3.5% of the company, which accounts for the bulk of his wealth. Worth $148 billion and ranked the 12th richest person in the world, Huang fell behind Walmart heirs Jim Walton and Rob Walton as Nvidia’s board investigated his alleged relationship with a suspected Chinese spy. Rosen Law also filed a class-action lawsuit against Nvidia and Huang over alleged failures to disclose his connections, while investigations and trade restrictions are adding uncertainty for the stock.
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