Jensen Huang uses complex strategies to shield $127 billion fortune from taxes

Jensen Huang, CEO of Nvidia and the 10th-richest person in the U.S., is using complex tax strategies to potentially pass on much of his $127 billion fortune tax-free. His estate could avoid a 40% tax, which would normally apply upon his death. Huang has utilized various financial vehicles, including irrevocable trusts and grantor-retained annuity trusts, to shield his wealth. These strategies have allowed him to transfer Nvidia shares worth billions while minimizing estate taxes significantly. Additionally, Huang has made substantial donations to his charitable foundation, which has funneled money into a donor-advised fund. This approach further reduces his estate tax liability, allowing control of the fund to pass to his heirs without incurring taxes.