Nvidia CEO Jensen Huang loses $15 billion as AI-linked stock sell-off knocks him down to 13th on billionaire list
Mint 1 hr ago·6 Nov 2026, 8:20 am
Nvidia’s chief executive Jensen Huang saw his net worth shrink by roughly $15 billion after AI‑linked stocks tumbled following the recent U.S. midterm elections, pushing him down the billionaire rankings.
The sell‑off hit the broader market hard, erasing about $2.5 trillion in US equity value in a single session. Because AI chipmakers have been a key growth engine, the correction raises concerns about volatility in tech‑heavy portfolios and could pressure related ETFs and stocks.
Investors should watch for any further political or regulatory signals, upcoming earnings from AI hardware firms, and Nvidia’s guidance. The pace at which the market stabilises or continues to slide will shape sentiment across the sector.
Excerpt from Mint
Nvidia chief executive Jensen Huang lost $15.1 billion in wealth on Thursday as a sharp sell-off in technology stocks followed sweeping Democratic victories in the US midterm elections, according to the Bloomberg Billionaires Index . Huang's net worth fell to $150.9 billion, pushing him down four places to 13th on the…Read the original at Mint
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- Category: Economy.
- AI reads the tone as negative (potentially bearish) for the stock.
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