Nvidia is a no-go for over half of this ultra-rich club’s members with assets worth $165 billion

Nvidia is a no-go for over half of this ultra-rich club’s members with assets worth 5 billion


Sopa Images | Lightrocket | Getty Images

More than half of Tiger 21’s members don’t invest in Nvidia, according to a recent asset allocation report released by this network of ultra-high-net-worth investors and entrepreneurs.

The network’s second-quarter asset allocation report revealed that 57% of its members are not invested in chip darling Nvidia, with a bulk of the members who have chosen to stay away from the stock saying they do not intend to start a position in the company.

“While Nvidia is the undisputed leader in AI at the moment, no company’s growth lasts forever, and competitors often catch up, leading to a recalibration of the market,” said Michael Sonnenfeldt, chairman of the ultra-rich club. Its members’ personal assets are collectively worth over $165 billion, according to data provided by Sonnenfeldt.

Members of the group, which was set up in 1999 by Sonnenfeldt, share advice with each other on wealth preservation, investments and philanthropic endeavors.

Tiger 21 has 123 groups in 53 markets. The network has over 1,450 members.

Of the 43% members who have invested in Nvidia, most do not intend to add more stock, amid worries that it has already run up too high.

Those fears appear to have been well-founded with Nvidia’s stock tanking 9.5% overnight, wiping about $300 billion of its market cap, amid a broad sell-off in U.S. markets.

A sizable 43% of the club’s members surveyed also expect Nvidia’s success to not last the next decade.

Some members have chosen to avoid technology altogether, and hence there’s no Nvidia in their portfolio, preferring real estate or other sectors, said Sonnenfeldt.

“For others, it is due to the nature of tech investing today. Tiger 21 members watched Tesla rise only to now have almost all major auto manufacturers offer an EV, so while Nvidia is the leader today, some Tiger 21 members believe it is only a matter of time before the competition catches up,” he said.

Sonnenfeldt also said that the club’s members are more focused on preserving wealth rather than chasing high returns.

“They could be avoiding Nvidia due to its volatility and the risks associated with tech investments, despite its impressive growth,” he said.

Nvidia, which has been dubbed as ‘the world’s most important stock,’ rode the artificial intelligence boom to a $3 trillion market cap earlier this year, surging almost nine-fold since the end of 2022. 

The company’s meteoric growth, however, stalled a bit this summer. On Aug. 7, the stock tumbled about 27% to trade below its all-time high hit in June.

Nvidia led semiconductor stocks lower amid a sell-off on Wall Street on Tuesday, with shares continuing their slide in extended trading, down 2%.

Sonnenfeldt is optimistic about the wider AI industry though. “The potential of AI seems to be one of — if not the — most investible themes in all of financial history,” said Sonnenfeldt.

According to Tiger 21’s recent member allocation report, the bulk of its members’ allocation is in private equity, at 28%. Real estate takes up 26% of members’ portfolios in spite of high interest rates, while public equities make up 22% of their asset allocation.



Source

Asia-Pacific markets poised for mixed open as traders await details of U.S-China talks
World

Asia-Pacific markets poised for mixed open as traders await details of U.S-China talks

Here are the opening calls for the day Good morning from Singapore. Investors will be keeping a close watch on Chinese markets following reports that the country will resume trade talks with the U.S. in Stockholm on Monday to discuss longstanding economic disputes. The talks will be led by U.S. Treasury Secretary Scott Bessent and Chinese […]

Read More
Stock futures rise as U.S.-EU trade deal kicks off a hectic week for markets: Live updates
World

Stock futures rise as U.S.-EU trade deal kicks off a hectic week for markets: Live updates

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 25, 2025. Jeenah Moon | Reuters U.S. equity futures rose on Sunday evening as Wall Street prepared for an especially busy week that’ll bring earnings from several major tech companies, a key Federal Reserve meeting, President Donald […]

Read More
‘Superman,’ ‘F1’ both cross 0 million at the global box office
World

‘Superman,’ ‘F1’ both cross $500 million at the global box office

Rachel Brosnahan and David Corenswet star as Lois Lane and Superman in Warner Bros.’ “Superman.” Warner Bros. Discovery Warner Bros. Discovery had a bountiful weekend at the global box office. The studio had two films cross the $500 million mark worldwide — “Superman” soared to $502 million and Apple’s “F1,” which Warner Bros. distributed, topped […]

Read More