A sharp Nvidia selloff erased $15.1 billion from Jensen Huang’s estimated fortune, leaving him ranked 13th worldwide.
Nvidia’s decline was its steepest since January 2025. Oracle shares dropped 6.9%, while SpaceX shares lost 9% as companies tied to AI infrastructure came under pressure.
Bloomberg estimated that Nvidia CEO Jensen Huang lost $15.1 billion, leaving him with a fortune of $150.9 billion. He fell from ninth to 13th in the global ranking. SpaceX CEO Elon Musk’s fortune declined by $79.7 billion, and Oracle co-founder Larry Ellison’s fell by $10.1 billion.
The index’s 500 listed fortunes fell by $185 billion on Nov. 5. Since its 2012 launch, only 13 daily declines have been larger. Bloomberg also said technology billionaires represented 36% of the index’s wealth amid AI growth and had been on track for a record year before the drop.
Bloomberg attributed pressure on chipmakers and computing-power suppliers to expectations that a Democratic-controlled House and Senate could constrain data-center construction. The report identified no gainers.
EconoTimes previously covered Nvidia’s effect on Huang’s estimated wealth.
