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Recently, Bloomberg reported that Google co-founder Sergey Brin filed for divorce from his wife Nicole Shanahan after three years of marriage. Sergey is currently the 6th richest person in the world with a fortune of $94 billion and is the latest super-billionaire to divorce after the noisy separation of Bill Gates and Jeff Bezos.
In his divorce petition filed in a California court, Brin said “irreconcilable differences” were the cause of his marriage’s breakdown. The couple, who have a 3-year-old son, have now made several arrangements to keep the details of the divorce private, asking the court to seal the relevant documents.
Court documents state: “Due to their rather special personalities, there is a high probability that the public will be interested in the divorce case as well as any potential issues related to the interests of both parties, including Custody of children”.
Monica Mazzei, partner at law firm Sideman & Bancroft LLP, said it’s likely Brin and Shanahan signed a prenuptial agreement. But because the case is being handled by a private judge, it will be difficult for the public to know the details of this cult divorce.
Charity can also play a role in a divorce settlement, Mazzei said. Shanahan founded the Beer-Echo Foundation, with a focus on “permanence and equality, criminal justice reform, and for a healthy and livable planet”. The fund has $16.7 million in assets under management and raised $7.4 million from donors, according to the most recent tax filings in 2019.
Mazzei says divorce agreements often include backing the ex-spouse’s philanthropy because it’s mutually beneficial: The grantee gets a tax break and the grantee has management rights over the charity’s work. their goodwill. Tax filings show that Brin was the only person who contributed to his wife’s foundation with more than $23 million worth of it.
Brin’s $94 billion fortune (48 years old) largely comes from his stake in Google – the company he co-founded with Larry Page in 1998. Later, they developed the company into a technology giant. Alphabet. The two left Alphabet in 2019 but remain on the board and remain Alphabet’s controlling shareholders.
Brin and Shanahan first met in 2015 and got married in 2019. Brin’s previous marriage to 23andMe co-founder Anne Wojcicki’s first wife ended in 2015.
At that time, there were many rumors that Brin broke up with Wojcicki because he had an affair with Amanda Rosenberg – a senior employee of Google. However, later, Brin remarried to Nicole Shanahan.
Brin’s first divorce was pretty smooth. He and his ex-wife maintain a friendship, regularly meet, maintain a common charity fund, participate in events and take care of their children together.
Brin’s second divorce took place 1 year after Bill and Melinda Gates announced their separation and about 3 years after Jeff – MacKenzie Bezos divorced. At the time, Gates and Melinda shared a fortune of $145 billion, while Bezos and Scott split a fortune of $137 billion.
After the divorce, both Melinda and Scott are active in charity. Scott gave away nearly $9 billion. Melinda has turned her focus to Pivotal Ventures, which she founded in 2015 with a focus on “creative solutions to issues affecting women and families”.
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