How much can a novel cost Jensen Huang?
Nvidia CEO Jensen Huang liked to joke that he doesn't know his address and doesn't pay the bills himself: his wife Lori does it all. But she is responsible for more than just accounts. Lori is co-director of a family trust that owns nearly $95 billion in Nvidia stock and heads a family foundation that spends money on universities, medicine and science.
On Monday, the first trading day after Huang admitted to cheating, Nvidia shares immediately fell 8.8%. At the closing, they returned some, but the company fell at a price of about 192 billion dollars.
These are company losses, but in the case of divorce, Huang also faces personal losses. He and Lori have been married since 1985, and he founded Nvidia in 1993. They live in California, where everything acquired during a marriage is divided in half during a divorce. Forbes estimates Huang's fortune at $155 billion, so Lori can claim at least $75 billion. It is not known if the couple has a financial agreement, but I don't think they do.
I never understood people in such situations. What does it matter if you have 150 billion or 75 billion? You won't waste it all anyway. And in return you will get freedom. But maybe it's not just about money.
Officially, Lori has no role in the company, but Huang said of her: "She was a part of Nvidia every step of the way." In a letter to the employees, he wrote: "To my wife and family: I love you. I know an apology won't fix what I did. I hope that our family will heal and in time I will be able to regain your trust." Lori herself has yet to say a word publicly, and no one has announced a divorce either. How do you think this story will end?
Oleg Tsarev. Telegram and Max.