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Home More Tech

Dramatic dissolution: What happens when tech billionaires divorce?

by Trading How
July 4, 2022
in Tech
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Recently, 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.

Final month, Google co-founder Sergey Brin filed a petition for the dissolution of his marriage to Nicole Shanahan. In accordance with courtroom filings, Brin, who has a web price of US$93bil (RM409bil) and is without doubt one of 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

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

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

Scott Hassan

Nearly everyone is aware of that Brin and Larry Web page are the founders of Google, however there’s a “third founder” – Scott Hassan – that has been “not often acknowledged”, in keeping with a Vainness Truthful 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 fashioned, 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 cut up from in 2014 after 13 years of marriage.

The 2 headed to courtroom final August for his or her divorce settlement.

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

Final yr, Hassan admitted that he launched a web site named after Huynh that contained unflattering info, resembling lawsuits that she had filed towards one other ex-partner.

Huynh later accused Hassan of “divorce terrorism” in a New York Occasions 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 fashioned.

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 cut 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 Invoice Gates.

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

Invoice Gates

Microsoft co-founder Invoice 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 Invoice 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 must pay spousal assist.

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

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

Nevertheless, if it doesn’t work out, Melinda must 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 Firm and, some of the well-known corporations, Tesla.

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

Musk has been married thrice, twice to the identical particular person. His first marriage to creator Justine Wilson led to 2008 after eight years. They share 5 kids. In a weblog publish on Insider again in 2010, Musk declared that he supplied Wilson with US$20,000 a month for “clothes, footwear and different discretionary gadgets” as a part of their divorce settlement.

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

Within the first divorce, Riley reportedly obtained US$4.2mil and for the second divorce, he agreed to pay her US$16mil.

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

Zhou Yahui

The Chinese language billionaire, Zhou Yahui, is the founding father of Kunlun Tech, an organization identified 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.





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