Nvidia Chief Executive Jensen Huang's net worth fell by $15.1 billion to $150.9 billion as stocks tumbled following Democrats' sweeping victories in the US midterm elections, pushing him to 13th place among the world's wealthiest people.
Market reaction · Midterm elections
Jensen Huang's net worth drops $15.1 billion as stocks fall after the midterms
Nvidia's share price slide after Democrats' sweeping midterm gains cut Huang's fortune to $150.9 billion and moved him to 13th place among the world's wealthiest people.
−$15.1B
One-session drop in Huang's net worth
$150.9B
Current net worth
13th
Rank among the world's wealthiest people
Net worth before and after the sell-off
Column height is drawn to scale in billions of US dollars. Each block represents $1B of value.
Key takeaway
Huang's holdings did not change. Only the market price of his Nvidia stake did.
A large share of his fortune is tied to Nvidia stock, so share price moves flow directly into his net worth.
The drop followed the sharp market reaction to Democrats' midterm victories.
The report does not establish a single cause beyond the election results.
Future policy decisions on regulation, trade, spending and tax will shape the outlook.
Why it matters for Nvidia
Nvidia is a central supplier of chips used to build AI systems. Its valuation is sensitive to broad market moves as well as company-specific news.
What remains uncertain
Any direct effect on Nvidia depends on policy decisions that have not yet been made. Huang's wealth will likely track the stock and the market's response to Washington's new political landscape.
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