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Nvidia CEO will likely avoid $8B in taxes, NY Times reports
The Fly

Nvidia CEO will likely avoid $8B in taxes, NY Times reports

Jensen Huang, the CEO of Nvidia (NVDA), is worth $127B and, in theory, when he dies his estate should pay 40% of his net worth to the government in taxes, but he is the beneficiary of a series of tax dodges that will enable him to pass on much of his fortune tax free, Jesse Drucker of The New York Times reports, citing a securities and tax filings reviewed by the Times. The savings for his family are set to be roughly $8B and will likely be among the largest tax dodges in the United States.

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