Jensen and Lori Huang’s Nvidia fortune is jointly controlled. How that makes things complicated now that he’s resigned

Developing story first seen 2 hours ago

CNBC · 2 hours ago

New details show that Jensen Huang’s resignation may complicate control of Nvidia shares held in trusts he co-manages with his wife, Lori. The arrangements could affect who can sell or vote the shares and how the couple’s assets might be divided.

Their foundation owns 69 million Nvidia shares and reported $9 billion in net assets in 2024. The couple are co-trustees of two irrevocable trusts, which attorneys say may be difficult to change or sell shares from; one may benefit their children. A separate living trust may be easier to divide, though company transfer restrictions could apply.

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In short

Jensen and Lori Huang jointly manage some Nvidia holdings.
Their foundation holds 69 million shares.
Irrevocable trusts may be hard to change or sell from.

How this story developed

10 minutes ago New details about the Huangs’ trusts show why Jensen Huang’s resignation could complicate control of their Nvidia fortune: the couple jointly manage some holdings, while other shares may be difficult to sell or divide.
25 minutes ago New details show that Jensen Huang’s resignation may complicate control of Nvidia shares held in trusts he co-manages with his wife, Lori. The arrangements could affect who can sell or vote the shares and how the couple’s assets might be divided.
39 minutes ago Jensen and Lori Huang’s Nvidia fortune is held through several jointly controlled trusts, creating legal and practical complications after Jensen Huang’s resignation.