Veytics Intelligence
2026-11-05 · Yahoo

Huang Drops From World’s Top 10 Richest After Chips Selloff

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(Bloomberg) -- Jensen Huang got an expensive taste of the Democratic Party's newfound political power Thursday. Most Read from Bloomberg Morgan Stanley Offers $2.3 Billion Debt for Dell Family Deal Rubio Weighs Leaving Administration After GOP's Midterm Loss Democrats Clinch Huge Wins on Inflation Anger, Trump Fatigue Nasdaq 100 Wipes Out $2.3 Trillion in AI Selloff: Markets Wrap What the Democrats' Sweep of Congress Means for Trump The Nvidia Corp. CEO's net worth fell by $15.1 billion to $150.9 billion as stocks tumbled following Democrats' sweeping victories in Wednesday's elections. The loss dropped him to 13th on the Bloomberg Billionaires Index from ninth. Other big losers were SpaceX's Elon Musk and Oracle Corp.

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