Nvidia CEO’s divorce could be most expensive ever:Wife may get ₹7 lakh cr become world’s fourth-richest woman; Huang out of top 10 on world’s rich list

Speculation about a possible divorce between Nvidia CEO Jensen Huang and his wife, Lori, has intensified. If the couple divorce, Lori could receive $80 billion, or around ₹7.20 lakh crore, making it the most expensive divorce settlement in history. She would also become the world’s fourth-richest woman. Jensen and Lori married in 1985 and have two children. On November 8, Jensen admitted to having an affair with a Chinese woman. However, Lori has not yet made any statement about the divorce speculation. Nvidia CEO out of top 10 on world’s rich list While on the other hand, Nvidia CEO’s ranking in Forbes Real-Time Billionaires list has slipped to No 12. Before he admitted to being ‘unfaithful’ to his wife, his was among world’s top 10 richest person but now he is out of top 10. Jensen and Lori married in 1985 and have two children. On November 8, Jensen admitted to having an affair with a Chinese woman. However, Lori has not yet commented on the divorce speculation. Wife entitled to 50% of assets under California law Jensen and Lori live in the US state of California. Under its laws, a wife is entitled to a 50% share of assets acquired during the marriage. Nvidia, founded in 1993, has a market capitalisation of around 405 lakh crore, while Jensen’s personal wealth stands at 14.56 lakh crore. This means Lori could receive around 7.20 lakh crore, exceeding the 7.10 lakh crore divorce settlement between Bill Gates and Melinda in 2021. Jensen writes, ‘I made a mistake, I am ashamed’ Jensen Huang sent an internal message to all Nvidia employees on Sunday. In it, he admitted that he had not been faithful to his wife. Huang wrote: “My actions have caused deep pain to my wife and children. I regret it. It was my responsibility to maintain the trust of all of you, but I failed to do so.” However, he did not mention any woman by name in the message. Chinese woman suspected of involvement in espionage The woman reportedly linked to Jensen is named Alice Huang. US intelligence agencies suspect that she was working for China’s intelligence agency. Alice Huang is a Chinese national. She has previously worked as a senior executive at Singapore-based data centre company ‘Megaspeed’. Reports say Alice worked as a TV reporter before entering the technology and data centre business. Little information about her personal life is publicly available. Jensen’s wealth falls by 6.92 lakh crore Nvidia shares have fallen by up to 5% since the investigation into Alice and Jensen’s alleged relationship and the espionage case began. Jensen’s wealth has declined by 6.92 lakh crore. He has slipped two places to 10th on Forbes’ list of the world’s richest people. Amid the turmoil, investors are keeping a close watch on the company’s quarterly results, due on November 17. Nvidia board also conducting an investigation Nvidia’s board is also investigating whether Huang was caught in the trap of a foreign intelligence agency. According to Fox News, the board has said it has found no evidence so far to suggest that US national security or the company’s confidential information was at risk. Meanwhile, on Monday, the company’s shareholders filed a lawsuit against Nvidia and Huang. They allege that the company withheld information about Huang’s alleged relationship from investors. The shareholders claim that the matter involved national security and could have damaged the company’s reputation and business.