Dramatic dissolution: What happens when tech billionaires divorce?

0
2

Lately, tech billionaires have made headlines not for his or her services or products however for his or her failing marriages and the unfathomable wealth at stake.

Last month, Google co-founder Sergey Brin filed a petition for the dissolution of his marriage to Nicole Shanahan. According to courtroom filings, Brin, who has a web price of US$93bil (RM409bil) and is among the richest individuals on the planet, is asking the courtroom to disclaim his spouse spousal assist. He isn’t looking for it both.

ALSO READ: Sergey Brin seeks divorce, joining Bill Gates and Jeff Bezos in split

Though a lot of the courtroom filings have been shrouded in secrecy, Brin’s divorce is purported to develop into one of many costliest.

In the meantime, right here’s how divorces panned out for the opposite billionaires within the tech world.

Scott Hassan

Just about everyone is aware of that Brin and Larry Page are the founders of Google, however there’s a “third founder” – Scott Hassan – that has been “rarely acknowledged”, in response to a Vanity Fair article.

ALSO READ: Bill and Melinda Gates to divorce with RM600.87bil at stake

It was reported that Hassan, who was the lead programmer when the corporate was shaped, wrote a lot of the preliminary coding for the Google web site.

Hassan is embroiled in a bitter divorce battle with Allison Huynh, whom he break up from in 2014 after 13 years of marriage.

The two headed to courtroom final August for his or her divorce settlement.

According to a report within the New York Post, Hassan was sad that his ex-wife accused him of eager to solely give her a small fraction of their property, which included tech investments and properties valued at US$1.8bil (RM7.9bil).

Last yr, Hassan admitted that he launched an internet site named after Huynh that contained unflattering data, resembling lawsuits that she had filed in opposition to one other ex-partner.

Huynh later accused Hassan of “divorce terrorism” in a New York Times interview.

Jeff Bezos

In 2019, Amazon founder Jeff Bezos made his divorce settlement official and handed over a 4% stake within the firm to MacKenzie Bezos, whom he married earlier than the massively profitable ecommerce agency was shaped.

Bezos and ex-wife Mackenzie in 2018. The pair split a year later, with Bezos handing over a 4% stake in Amazon to her. — AFPBezos and ex-wife Mackenzie in 2018. The pair break up a yr later, with Bezos handing over a 4% stake in Amazon to her. — AFP

The switch is reported to be price US$38bil (RM137bil).

ALSO READ: Bezos divorce will cover Amazon’s billions but could be simple

Now the world’s fourth richest girl with a web price of US$43.6bil (RM192bil), Mackenzie introduced that she is dedicated to gifting away half her fortune to the Giving Pledge, an initiative based by Warren Buffett and Bill Gates.

Jeff’s web price remains to be a whopping US$134.7bil (RM592.7bil).

Bill Gates

Microsoft co-founder Bill Gates finalised his divorce from Melinda Gates in 2021 after 27 years of marriage.

Microsoft co-founder Bill Gates finalised his divorce from Melinda Gates in 2021 after 27 years of marriage. — AFPMicrosoft co-founder Bill Gates finalised his divorce from Melinda Gates in 2021 after 27 years of marriage. — AFP

The Gateses haven’t made their divorce settlement public, although CNN reported that neither should pay spousal assist.

As of final yr, their mixed web price was US$152bil (RM670bil) and, in response to some experiences, they’re splitting the wealth equally.

A two-year trial interval is in place for each to run the charitable organisation, the Bill and Melinda Gates Foundation, collectively.

However, if it doesn’t work out, Melinda should resign from her place as co-chair and trustee.

Elon Musk

Elon Musk wears a number of hats – he’s the boss of SpaceX, The Boring Company and, some of the well-known firms, Tesla.

Musk has been married thrice, twice to the same person. — AFPMusk has been married thrice, twice to the identical individual. — AFP

Musk has been married thrice, twice to the identical individual. His first marriage to writer Justine Wilson resulted in 2008 after eight years. They share 5 youngsters. In a weblog submit on Insider again in 2010, Musk declared that he supplied Wilson with US$20,000 a month for “clothing, shoes and other discretionary items” as a part of their divorce settlement.

Musk later married and divorced actress Talulah Riley twice, in 2013 and 2016.

In the primary divorce, Riley reportedly acquired US$4.2mil and for the second divorce, he agreed to pay her US$16mil.

It should appear to be small change for Musk, who’s price US$228.4bil (RM1 trillion).

Zhou Yahui

The Chinese billionaire, Zhou Yahui, is the founding father of Kunlun Tech, an organization recognized for creating and distributing on-line video games.

In 2016, Zhou was ordered by a Beijing courtroom handy over 705.4 million shares price US$1.1bil to Li Qiong in a divorce settlement.

Zhou reportedly first met Li in elementary college, although it’s unknown how lengthy the pair have been married.

The divorce has been dubbed some of the costly in China.



Source link