Huang Renxun secretly eats a female spy! His net worth evaporated by more than 200 billion in one day, and he fell out of the top 10 richest people in the world.

Huida CEO Jen-Hsun Huang. (Reuters)

After Huida CEO Jen-Hsun Huang admitted to cheating on female spy Alice Huang, Huida's stock price plummeted in the following trading day. Huang's net worth evaporated by more than NT$210 billion in just one day!

Jen-Hsun Huang sent an internal letter to company employees on the 8th to confirm his cheating. After the news was officially exposed in the early morning of the 9th, Taiwan time, international public opinion was in an uproar. Not only because of the extramarital affair scandal, because the person he had the affair with was suspected by the U.S. government of being a Chinese spy, he also faced a comprehensive investigation by the U.S. intelligence agencies, causing strong shocks in the market.

According to comprehensive foreign media reports, Huida's market value once shrank by approximately US$190 billion (approximately NT$6.25 trillion) due to the double attack of the scandal and selling pressure on technology stocks. His personal wealth has also suffered a significant blow. After the scandal was exposed to today (10th), Huang Jen-Hsun's net worth has evaporated by US$6.47 billion (approximately NT$212.9 billion) in a single day, and his total assets have dropped to US$148 billion (approximately NT$4.8 trillion), a decrease of approximately 9.2% from the past year.

As his wealth shrank and his ranking fluctuated, he fell out of the top ten richest people in the world in both the real-time rankings of Forbes and the Bloomberg Billionaires Index. He is currently ranked 12th in the world, but he still remains the richest Chinese and Asia's richest man in the world.