Nvidia CEO Jensen Huang has reportedly lost $7.4 billion within few minutes, after the company saw a sharp fall in its share price amid probe into his alleged affair with an alleged Chinese spy.

With the investigation ordered, Huang slipped to 10th place on Forbes’ list of the world’s richest people after his net worth plunged by $7.4 billion on Monday.

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Recently, Huang admitted to being unfaithful to his wife, Lori Huang, after reports surfaced about his relationship with a business executive whom US intelligence reportedly suspected of being a Chinese spy. The woman allegedly recruited by China to steal information about the AI chip, among others.

The admission by the CEO has coincided with a sharp fall in Nvidia shares, knocking billions of dollars off the billionaire’s fortune and pushing him down the global wealth rankings. The personal and financial toll of the revelation is yet to be determined. There is no indication that the couple is going to file divorce.

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