Jensen Huang's wife Lori Huang runs $9.1 billion foundation holding 69 million Nvidia shares; donated $50 million to Oregon State

Nvidia CEO Jensen Huang, one of the Nvidia CEO Jensen Huang, Artificial Intelligence (AI) industry's most important figures has been accused of having an affair with a suspected Chinese spy Alice Huang, prompting an investigation. Amid the infidelity confession by the tech billionaire, Lori Huang, Nvidia CEO Jensen Huang’s wife of more than 40 years, has also captured the attention of the people. Lori Huang is the president of the Jen-Hsun (Jensen) and Lori Huang Foundation, which the couple created in 2007. The Foundation owns 69 million shares of Nvidia stock and reported $9.1 billion in net assets in 2024, according to an IRS filing, reports The New York Post.

It has donated millions to several organizations, including a $50 million donation to Oregon State University, as well as grants to Stanford University, Mental Health Innovations and Crisis Text Line, a global nonprofit that provides free mental health support and crisis intervention over text.

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How much money could Lori Huang receive?

Jensen Huang’s affair with Alice Huang could reportedly cost him his marriage and a massive chunk of his $150 billion fortune. The securities filings show that the Bay Area-based AI boss has quietly amassed around 740 million Nvidia shares into a web of family trusts and limited liability companies. Lori Huang could still be entitled to at least around 335 million shares — worth about $60 billion — if she decides to call off the marriage, The Post reported.

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“In California, all property acquired by a spouse during marriage is community property,” said Christopher Melcher, a Los Angeles-based lawyer who specializes in high net worth divorces, told The Post. “She would be entitled to 50%. “We’re a no-fault state. So evidence of infidelity is inadmissible in court and has no impact on his rights.”

September securities filings show Jensen Huang has direct control of around 70 million shares, while the couple’s living trust and six LLCs involve roughly 600 million Nvidia shares That could mean Lori may be entitled to nearly half of the 670 million shares, or approximately 335 million shares worth an estimated $60 billion, provided they are considered community property and the couple did not sign a prenuptial agreement.

How did Jensen Huang and Lori meet?

Jensen Huang and Lori first met in a freshmen electrical engineering class at Oregon State University, where they were lab partners, according to the school’s website. Jensen was just 17 and “the youngest kid in school. There were 250 students and three girls,” he said in a 2024 interview.

Jensen said he’d hoped that when he approached a 19-year-old Lori Mills, she would assume he was smart because he was so young to be in college. “I walked up to her and I said, ‘Do you want to see my homework?’” Jensen recalled. “‘If you do homework with me every Sunday, I promise you, you will get straight As.’”

Jensen Huang graduated from Ohio State University in 1984 and went on to work at semiconductor companies LSI Logic and Advanced Micro Devices before earning a master's degree in electrical engineering from Stanford University in 1992. A year later, at the age of 30, he co-founded Nvidia, fulfilling a promise he had made.

Lori also graduated from Ohio State University, earning a bachelor's degree in electrical engineering in 1985. The couple, who married five years after first meeting, have two children, Madison and Spencer, both of whom work at Nvidia. Madison is the company's senior director of product marketing, while Spencer serves as director of product management in robotics. Madison's husband, Nico Caprez, is also part of the company, working as vice president of global AI infrastructure growth.

Jensen has often credited his wife for standing by him throughout his career. The couple were most recently photographed together at a White House state dinner hosted for Chinese President Xi Jinping in September. “Lori’s been with me for a long time, our whole life,” Jensen told CNA, a Singapore-based news channel, in an interview in May. “She’s been part of Nvidia every step of the way.”

“She’s been to every conference, every speech, you know, and every moment of Nvidia, she was there.” He has also said that meeting Lori “was the most important, single event of OSU, and of my life."

Jensen Huang's affair with Alice Huang

In an email on Sunday, Jensen tendered an apology to his family for his marital infidelity. US intelligence officials believed that Chinese businesswoman Alice Huang, who had a close relationship with Nvidia CEO and co-founder Jensen Huang, was a spy for Beijing, according to a New York Times report.

“I was unfaithful to my wife. My actions hurt her and our children. There is no excuse for what I did. I am deeply sorry,” he wrote. “Throughout my life, my family has given me love and support. They deserve my honesty and loyalty. Instead, I let them down and damaged the life we built together.”

“I take full responsibility for what I did and the hurt I caused, and I accept the criticism that comes with it. To my wife and family: I love you. I know an apology cannot undo what I have done. I hope our family will heal and that, over time, I can earn back your trust.”