Nvidia CEO Jensen Huang donates $10 million for Nepal flood victims
Synopsis
Key Takeaways
Jensen Huang, founder and Chief Executive Officer of US chipmaker Nvidia, has donated $10 million to Nepal's Prime Minister Disaster Relief Fund to aid survivors of the catastrophic floods in the Bhotekoshi River basin in Rasuwa district, Nepal's Finance Minister Swarnim Wagle confirmed on 4 September. The contribution pushed total donations to the fund past NPR 10 billion (approximately $66 million).
Wagle's Acknowledgement
In a video message, Finance Minister Wagle publicly thanked Huang for the donation. 'On behalf of the government of Nepal, I'd like to express my sincere gratitude to Mr. Jensen Huang for donating $10 million to the Prime Minister's Disaster Relief Fund in aid of flood victims,' Wagle said. 'I hope this sizable contribution, notable by any philanthropic standard, will inspire many others to also contribute to this noble cause.'
Scale of the Disaster
The floods, which struck the Rasuwa district last week, have been devastating in scale. The death toll has climbed to 1,259, while 5,053 people remain missing as of Thursday evening, according to the latest situation report released by the National Disaster Risk Reduction and Management Authority (NDRRMA). The Bhotekoshi basin floods rank among the deadliest natural disasters to hit Nepal in recent years.
International Relief Effort
Nepal has received a broad wave of international assistance since the floods struck. Prime Minister Balendra Shah said in a social media post on Thursday evening that neighbouring India had been providing assistance from the first day across five phases, delivering 74 tonnes of relief and rescue materials and deploying expert teams for rescue operations.
China has provided NPR 300 million and 50 tonnes of relief materials; Nepal has also requested 30 Bailey bridges from Beijing for the affected areas. Pakistan is sending 86 tonnes of relief materials, while Sri Lanka has pledged $1 million and Bangladesh is preparing a relief consignment.
Among Western nations, the United Kingdom has announced £5 million, the United States has pledged $500,000, Australia has committed $1 million alongside a team of experts and drone operators, and the European Union's Civil Protection and Humanitarian Aid Operations (ECHO) has announced €2 million. Additional pledges have come from Switzerland ($1 million), Germany ($2 million), Denmark (3.5 million Danish kroner), Norway (12.7 million Norwegian kroner), Ireland (€500,000), the Czech Republic (2.5 million Czech koruna), and France, which has provided emergency relief for 200 households. Luxembourg and Latvia have also sent relief materials.
The United Arab Emirates (UAE) has delivered 83 tonnes of essential supplies and pledged up to $10 million, while Qatar has provided 40 tonnes of relief materials.
Multilateral Financial Support
On the institutional side, the World Bank has pledged $167 million in concessional loans. The Asian Development Bank (ADB) has committed $5 million in budgetary support as a grant and an additional $150,000 in technical assistance.
What Comes Next
With the missing-persons count still above 5,000 and critical infrastructure damaged across the Rasuwa region, relief and reconstruction efforts are expected to intensify in the coming weeks. The scale of international pledges — now exceeding $66 million in the Prime Minister's fund alone — signals sustained global attention, though disbursement timelines and coordination across dozens of donor nations will be a key operational challenge for Kathmandu.