by Theleaders | November 15, 2026 6:21 pm
SINGAPORE, Nov 15 — Singapore-based Chinese-American billionaire Leo KoGuan has vowed not to buy more Nvidia shares after scandal-ridden CEO and co-founder Jensen Huang’s exit.
The Indonesian-born businessman told Bloomberg: “No further investment without Jensen,” claiming that he has invested around US$1.3 billion (S$1.7 billion; RM5.3 billion) in Nvidia.
On Friday (November 13), he wrote on X: “I will reduce my plan[ned] investment in Nvidia. Instead, I will invest more in other SI (super-intelligence) companies. I hope and plan to invest in Jensen Huang if he creates or buys [an] SI company.
“I hope he will offer me the opportunity to invest in his future company.”
Leo is the co-founder and chairman of IT firm SHI International, which is the third-largest shareholder in Elon Musk’s Tesla.
In multiple follow-up posts on X, Leo defended Huang, whom he called a “flawed human” and claimed that the board of directors at Nvidia overstepped in firing him.
He also shared a letter titled “Stand with Jensen” which has allegedly seen signatories including Musk and Zhang Yiming, the former CEO of ByteDance.
Huang stepped down as president, CEO and executive board member of Nvidia on Thursday (November 12) after admitting to an affair with businesswoman Alice Huang, whom the US has accused of being a Chinese spy.
Two further allegations of infidelity have been made against Huang, who has been married to wife Lori since 1985.
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