There are plenty of reasons Jensen Huang’s resignation is a big deal. Not only does his departure leave Nvidia, the AI chipmaker he co-founded 33 years ago, looking for a new permanent CEO for the first time. It also puts the spotlight on the Huang family, whose ties to the company run well beyond its founder.
To catch you up, Huang stepped down four days after first telling employees he’d been unfaithful to his wife of 41 years, Lori Huang. He made the admission after reports of a relationship with Alice Huang, a businesswoman, who first of all is unrelated to him, and whom U.S. intelligence officials suspect of spying for China. On Wednesday, the New York Times reported that he’d also had a relationship with Kimberly Powell, an Nvidia executive who reported directly to him. And then on Thursday, hours after resigning, Reuters reported that Huang had an “intimate relationship” with another Nvidia employee, whom the outlet did not name.
To make matters worse (if possible), the Huangs’ two children, Madison and Spencer, both work at Nvidia, making this whole scandal a family affair with a far more personal question at the center of it: What would happen to the Nvidia multi-billion dollar fortune if they divorced?
Of course, this analysis doesn’t mean the couple is divorcing — Lori hasn’t made any public comment. She and Jensen are deeply connected in business as co-trustees of three trusts that directly held nearly 669 million Nvidia shares in March. A September SEC filing shows those direct holdings at about 608 million shares, with additional stock held through companies their living trust owns. Nvidia says the couple may share voting and investment power over those shares.
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Will Lori Huang follow MacKenzie Scott’s path?
The size of that stake harkens MacKenzie Scott, ex-wife of another tech titan, Jeff Bezos. When a judge finalized Scott’s divorce from the Amazon founder, her stake in the company was worth $38.3 billion. That October, Forbes ranked her the third-richest woman in America.
Like Scott, Lori Huang was there long before her husband became a billionaire. By the time Jensen co-founded Nvidia, she already had a career in the chip industry.
Lori and Jensen Huang first met as lab partners in an electrical engineering class at Oregon State University, and when they landed jobs in Silicon Valley, Lori earned more than Jensen, he told The New Yorker in 2023. She left the workforce to raise their two children before he co-founded Nvidia in 1993.
Ms. Huang also runs the Jen-Hsun & Lori Huang Foundation, which reported $9.1 billion in net assets at the end of 2024. The couple gave Oregon State $50 million to help build a research center that bears both their names, and the foundation has also bought time on graphics processors and donated it to universities and nonprofits for research.
As of Thursday, Nov. 12, Forbes estimates Jensen’s net worth at about $145 billion, making him, according to its list, the thirteenth-richest man in the world. Half of that amount would be roughly $72.5 billion, enough to rank fourth on Forbes’ annual list of the world’s richest women in March. Of course, what Lori might receive if they divorced would depend on which assets qualify as marital property and whether the couple signed a prenup or postnup, which remains unclear. In California, courts generally divide community property equally unless the spouses agree to a different split.
