Summary

  • Nvidia shareholder Lio Ko said he will halt additional investment in Nvidia in protest over former CEO Jensen Huang’s departure.
  • Ko said he has invested $1.3 billion in Nvidia so far and publicly defended the former CEO, saying there would be no further investment without Huang.
  • Ko said he holds stakes in SpaceX and Alphabet and plans to expand those investments, adding that he would invest in any company Huang founds or acquires.

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Investing in Jensen Huang’s Next Company

Billionaire investor and Nvidia shareholder Lio Ko said he will stop making additional investments in the company in protest over former Chief Executive Officer Jensen Huang’s departure.

Ko told Bloomberg in a text message on November 13 that he has invested $1.3 billion in Nvidia so far and that there will be no further investment without Huang. The size of his actual stake has not been independently verified.

Ko also publicly defended the former CEO on X that day. He called Huang “the greatest creator” and argued that while Huang had made mistakes, reward should come before punishment. Huang stepped down as Nvidia’s CEO a day earlier after a string of controversies involving his private life.

Ko, who lives in Singapore, has invested a substantial portion of his wealth in Tesla. He broadened his investment portfolio by starting to invest in Nvidia in March this year. His net worth is about $13.2 billion, according to the Bloomberg Billionaires Index.

Ko said he also holds stakes in SpaceX and Alphabet and plans to increase those investments. He added that if Huang founds or acquires another company, he would invest in it and hopes to be given an opportunity to invest in Huang’s future company.

Doohyun Hwang