Billionaire Leo KoGuan doubled his stake in Nvidia Corp. to 2 million shares, boosting his investment in the chipmaker at a time when the war in the Middle East has sparked a global selloff of everything from bonds to equities.
“As promised, I bought additional 1 million shares of NVDA today,” the investor posted early Saturday on X, days after he announced his first purchase.
I was all-in-Tesla; I am still mostly in Tesla + T-bills
I bought 1 million shares of NVDA last night; plan to buy more.
I am convinced AI is NOT a bubble, it is only the beginning.
AI is the heart of KQID time engine.
KQID is AGI.
KQID is Singularity.
— KoGuan Leo (@KoguanLeo) March 4, 2026
While small relative to his $13.4 billion fortune, as measured by the Bloomberg Billionaires Index, the acquisition is a notable move by KoGuan whose net worth for years largely has been tied up in just one stock: Tesla Inc.The timing is also noteworthy. Global equity indexes have broadly trended down since the US and Israel began their military campaign against Iran last month, and some worry that asset prices will fall further if the fighting drags on.
Live EventsNvidia has fallen about 5% this year through Friday’s close, while Tesla is down nearly 12%, compared with a less-than 2% drop in the S&P 500.KoGuan, who is estimated to have spent roughly $350 million to acquire his Nvidia shares based on their recent closing prices, didn’t comment about his purchase beyond saying that, “Hopefully, I can contribute a little to calm the nervous market. Good luck all.”
