← Back to front page
United States · General news · Daily Beast

Trump’s Frantic Call to Sex-Mad Billionaire Pal Exposed

Published by Daily Beast · United States 13 h ago
Photo Illustration by Victoria Sunday/The Daily Beast/Getty Images
Photo Illustration by Victoria Sunday/The Daily Beast/Getty Images · Daily Beast

Detailed summary

Get full access to The Daily Beast for $1 Trending Now The president worried his billionaire buddy’s sexcapades would crash his precious markets. Umit Bektas/REUTERS President…

President Donald Trump personally begged his billionaire buddy not to throw in the towel after his multiple alleged extramarital affairs were exposed to the world.

Trump, 80, called ex-Nvidia CEO Jensen Huang on Tuesday to urge him not to step down, two people familiar with the conversation told The New York Times.

Huang, 63, ultimately announced his resignation as president and CEO of the world’s second-most valuable company on Thursday, after reports that he had engaged in multiple affairs, including with two subordinates at Nvidia.

On Sunday, the world’s eighth-richest man admitted to an adulterous relationship with Alice Huang, a business executive at the Singapore-based AI infrastructure firm Megaspeed.

U.S. intelligence determined that Huang, a Chinese citizen unrelated to the tech billionaire, is a suspected spy for Beijing.

Aides told the Times that Trump was less concerned with the national security implications of Huang’s scandal and saw it more as a matter of adultery, which he disregarded as being inconsequential to the country’s defense.

Trump was more concerned about the market impact of Huang stepping down, aides told the newspaper, viewing the Nvidia co-founder’s success as being intertwined with the U.S. economy and stock market. The president allegedly asked aides what would happen to the markets if Huang stepped down, fearing an abrupt decline.

Trump confirmed he had spoken with Huang on a phone call during an interview with sports commentator Stephen A. Smith on Wednesday.

“He’s a tremendous talent,” he said of Huang, praising the engineer’s development of AI chips that “can’t be copied because of their level of genius.”

Opening of the article, excerpted from Daily Beast. To read the rest, open the article on the publisher's site.

Read the full article on Daily Beast Sign in to save

MarketNews shows the headline and summary published by the outlet. The full article is on the publisher's website. (www.thedailybeast.com)

Also worth reading