Nvidia president and CEO Jensen Huang is in an awful lot of trouble for his affair with a suspected Chinese spy.
The tech titan recently admitted to carrying on an illicit relationship with Alice Huang, ” a former tech executive suspected by US intelligence officials of spying for Beijing,” according to The New York Post. Extreme national and cybersecurity implications aside, he still has to answer to his wife of over 40 years, Lori Huang.
Christopher Melcher specialized in high-net-worth divorces, and he told The Post that local laws could enable Lori to take her cheating husband to the cleaners.
“In California, all property acquired by a spouse during marriage is community property. She would be entitled to 50%,” he explained. “We’re a no-fault state. So evidence of infidelity is inadmissible in court and has no impact on his rights.”
This means his romp with the alleged spy could cost him somewhere in the neighborhood of 335 million shares, worth an estimated $60 billion, as long as they qualify as community property and are not impacted by any potential prenup. However, California divorce lawyer Robert Farzad indicates that it is unlikely the couple thought to have such an arrangement before their wedding.
“The odds of them having a prenup are very low,” he predicted. “They met pretty young, in college, and he didn’t have anything when they met.”
While divorce lawyers are predicting the potential outcome of a split, Huang is hoping that he can keep his family together.
“To my wife and family: I love you,” he said following his scandalous admission. “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.”
But even that may not keep the marriage whole, Melcher suggests.
“If they stay together, I have to imagine there’s going to be more than the apology he gave,” he said. “There could be a financial divorce as a result of this, even if they stay together as a couple.”
Regardless of how the couple moves forward, it is highly unlikely that the finer details will be offered up for public consumption. Though anyone invested in Nvidia may feel entitled to be updated on whether any potential moves may affect their money.
“These people have more money than they can spend in a thousand lifetimes. I don’t see fights in a courtroom. I don’t see a lot of public spectacle. Because who does that end up hurting if that ends up happening? It ends up hurting Nvidia. And both of their fortunes are tied up in Nvidia,” Farzad said.
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Sierra Marlee is a millennial whose hunger for the truth in a world of fake news has led her to write. Marlee also contributes to BizPac Review.
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