On November 8 local time, NVIDIA founder and CEO Jensen Huang acknowledged in a letter to employees that he had been unfaithful to his wife.
Huang apologized to his family and employees in the letter.
Huang met his wife Lori Mills when he was 17 years old, and the couple has been married for 41 years, with one son and one daughter.
According to NVIDIA's fiscal year 2026 annual report, Huang holds approximately 871 million shares of NVIDIA (NVDA), representing a 3.58% stake, with a current market value of approximately $162.5 billion.
Of this, approximately 801 million shares are explicitly disclosed as jointly held by the couple, with a current market value of approximately $149.5 billion. These include:
1. Approximately 529 million common shares held by Huang and his wife Lori as co-trustees of a family living trust, the Jen-Hsun and Lori Huang Living Trust, established on May 1, 1995;
2. Approximately 31.42 million common shares held by The Huang 2012 Irrevocable Trust, with Huang and his wife serving as co-trustees;
3. Approximately 109 million common shares held by The Huang Irrevocable Remainder Trust, established on February 19, 2016, with Huang and his wife serving as co-trustees;
4. Four limited liability companies (LLCs) collectively holding approximately 73.27 million shares, with the Huang Living Trust as the sole member of each. Since Huang and his wife Lori each serve as co-trustees of the three aforementioned trusts, both may be deemed to share beneficial ownership of the listed shares and jointly hold voting and investment disposition power over these shares under relevant regulations.
5. Additionally, the Jen-Hsun & Lori Huang Foundation holds approximately 58.68 million common shares.
Since Huang and his wife Lori have served as board members of the Huang Foundation since 2007, both may also be deemed to share beneficial ownership of the aforementioned shares and jointly hold voting and investment disposition power over these shares under relevant regulations. However, neither Huang nor his wife holds any economic interest in the shares held by the Huang Foundation.
The aforementioned trusts, limited liability companies, and foundation collectively hold approximately 801 million shares, which differs from Huang's total of 871 million shares by approximately 69.66 million shares. NVIDIA's financial report did not disclose the specific source of this discrepancy.
In November 2024, Huang recalled his time studying at Oregon State University during a speech. He said he entered the university at age 16 and met his future wife at age 17, when she was 19. "I was the youngest student in the school and in my class. There were 250 students in the class, and only 3 were women," Huang said. "I was the only one in the class who looked like a child, and everyone else was also still young."
From 1980 to 1984, Huang attended Oregon State University.
According to university records, Lori Mills was his lab partner in the "Fundamentals of Electrical Engineering" course during his freshman year. Huang knew that being young and looking boyish made him stand out, and he was confident that her first impression of him would be: this person must be very smart. He recalled: "So I walked up to her and asked: 'Want to see my homework?'" Afterwards, Huang promised Lori that if they did homework together every Sunday, she would get an A in every course. Thus, he had a "date" every Sunday. He also made full use of the opportunity to study together, keeping Lori working on homework all day to ensure they could spend the entire Sunday together. Huang also revealed that he would finish his homework in advance and prepare all the answers so that when he checked homework with Lori, he would look like a genius.
At age 20, in order to make their marriage happen, Huang set a goal: to become a CEO before turning 30. According to Oregon State University records, the two married five years after they met. And just as he had promised, when he co-founded NVIDIA and became CEO in 1993, he was exactly 30 years old.
On November 8, 2026, NVIDIA's board of directors issued a statement saying it would launch an investigation, which would be handled by a special committee composed of independent directors, and would hire external legal counsel to review all information. NVIDIA's head of public policy communications, John Rizzo, confirmed that Huang will continue to serve as the company's CEO without interruption. Huang stated that he will continue to devote himself fully to the company's work and strive to regain the trust of colleagues and shareholders.
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