Jensen Huang, the co-founder of Nvidia, holds approximately 800 million shares valued at around $135 billion through various trusts and LLCs, which he co-owns with his wife, Lori Huang. This arrangement, while common among tech executives, is unusual due to their equal ownership.
Following Huang's resignation, the structure of these trusts could provide stability for Nvidia's shares, as it complicates the potential for quick liquidation. The Huangs are co-trustees of multiple trusts, including the Jen-Hsun and Lori Huang Living Trust and the Huang 2012 Irrevocable Trust, which serve different tax and estate planning purposes.
The irrevocable trusts, in particular, offer significant tax benefits and protect the assets from being easily sold or transferred, which could stabilize Nvidia's stock amid uncertainty regarding Huang's departure.
Legal experts note that the terms of these trusts make it unlikely that either Huang would sell their Nvidia shares, which could reassure investors concerned about the impact of Huang's exit on the company's future