Jensen Huang to Forfeit About $108 Million in Unvested Equity as His Fortune Falls by More Than $6 Billion in a Day
Bloomberg reported on November 12 that Jensen Huang will forfeit about $108 million in unvested equity compensation after resigning as Nvidia's president, chief executive and board director. The relinquished awards represent roughly 0.08 percent of his net worth, according to the Bloomberg Billionaires Index, which puts his fortune at about $138.4 billion.
According to Bloomberg, Nvidia's equity compensation policy specifies that unvested restricted stock units are forfeited once an executive terminates continuous service. Huang holds about 346,000 such units. He would also receive about 310,000 shares through the company's equity incentive plan, assuming its performance meets certain targets. Huang was paid about $7.5 million in cash compensation in each of the past two years, a negligible sum relative to his net worth.
Huang's wealth is derived almost entirely from his holding of Nvidia common shares: he controls about a 3.5 percent voting stake, which makes up nearly 97 percent of his wealth. Nvidia shares plunged as much as 14 percent in New York trading on November 12 before closing down 4.3 percent at $166.19, wiping more than $6 billion from his net worth in a single day, far more than the value of the forfeited awards.
Huang's resignation was confirmed in Nvidia's Form 8-K filing with the Securities and Exchange Commission and the company's announcement: the board accepted it on November 11, effective immediately, and Chief Financial Officer Colette Kress is serving as interim chief executive. The forfeited equity is a direct compensation consequence of the resignation; the formal search and the November 17 quarterly earnings remain the next milestones on this story line.
Source: Bloomberg
Published by GSM · USA (original Chinese edition)
Photo: 图：英伟达创始人黄仁勋2026年4月30日在斯坦福大学出席对谈（资料图）。Anderseidesvik 摄，CC BY-SA 4.0，经 Wikimedia Commons，本站档案图复用。 / Photo: Nvidia founder Jensen Huang at a Stanford University talk on April 30, 2026 (file photo). Photo by Anderseidesvik, CC BY-SA 4.0, via Wikimedia Commons; GSM archive reuse.
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- 2026-11-12Jensen Huang to Forfeit About $108 Million in Unvested Equity as His Fortune Falls by More Than $6 Billion in a DayThis story
