According to reports from NDTV Profit, Jensen and Lori Huang's living trust holds 467,693,547 Nvidia shares worth nearly ₹7,000 crore at Monday's closing price. The couple gave away 438,000 Nvidia shares in September, with two-thirds going to their family foundation and the remainder to a donor-advised fund. The trust's direct holdings alone represent a substantial portion of the company's value, with the shares covering only the trust's direct holdings rather than the entire block.
As reported by NDTV Profit, the Huangs have maintained shared ownership of their Nvidia holdings through multiple legal vehicles. A 2003 SEC filing named both spouses in connection with the living trust, while a 2009 filing attributed 3.9% beneficial ownership of Nvidia to Lori with shared voting and disposal power. The 2017 proxy named both spouses as co-trustees of an irrevocable trust established in 2012, with the 2019 proxy listing two additional vehicles - the Lori Lynn Huang 2016 Annuity Trusts - where Lori serves as trustee of both entities.
According to NDTV Profit, the share filings provide context for potential financial outcomes. Adding shares held by six wholly owned companies to the trust's direct holdings creates a block worth approximately ₹8,500 crore at Monday's close. The analysis suggests that if the entire block qualifies as community property, Lori could receive a block equivalent to roughly 1.4% of Nvidia, potentially worth ₹1,000 crore based on current market valuations. However, the actual division would depend on California divorce laws and any prenuptial agreements the couple may have executed.
As reported by NDTV Profit, the Huangs' ownership structure mirrors similar arrangements in high-profile technology divorces. In 2019, MacKenzie Scott received approximately 25% of the couple's Amazon holdings, worth ₹3,000 crore at the time of divorce, while Jeff Bezos retained voting authority over her shares. The analysis suggests that a straight 50-50 division of either Nvidia block could exceed Scott's benchmark, potentially reaching ₹3,000-3,600 crore depending on which holdings are included in the calculation.
The Huang family's wealth and business success now face unprecedented scrutiny following Nvidia CEO Jensen Huang's admission of extramarital infidelity after 41 years of marriage. In a letter to Nvidia employees on Sunday, Huang acknowledged his actions had hurt his wife Lori and their two children, stating "There is no excuse for what I did. I am deeply sorry." The couple met in 1980 while studying electrical engineering at Oregon State University, with Huang fulfilling his promise to become Nvidia CEO by age 30 in 1993. Their children Madison and Spencer have since joined the company, with Madison serving as senior director of product marketing and Spencer as director of product management specializing in robotics.
