Nvidia CEO Jensen Huang's affair with an alleged Chinese government agent has cost him not just his reputation but quite a fortune.
Huang slipped out of the top 10 on the 'Billionaires Index' as of a November 10, 2026 update published by Bloomberg.
Huang has fallen behind the Walton brothers Jim and Rob, who co-own Walmart, the world's largest retailer. Huang lost $6.47 billion on the day, and has a current net worth of $148 billion.
The Billionaires Index said Huang's 4.2% dip was the biggest single-day dollar loss since November 5, while his losses year-over-year were projected at $15 billion.
Tesla and SpaceX owner Elon Musk leads the Billionaires Index with a gain of $48.1 billion, taking his net worth to $894 billion.
Huang's monetary setback coincides with the FBI launching an investigation into his affair with Alice Huang, a Megaspeed executive.
The New York Times had published a report alleging Alice Huang, who is not related to the Nvidia CEO, as a Chinese intelligence asset.
Nvidia announced Sunday that it was conducting an independent investigation into the reports.
Huang acknowledged that he had an affair and issued an apology to his wife and the company in an open letter.