The Schmidts have been married for 13 years, and according to NBC, the couple had an “open relationship.” The parties also have 2 children together.
Apparently Schmidt will have to sell millions of his shares of Google stock in order to pay for the Divorce settlement, as well as some of his real estate, including mansions in both Massachusetts and California.
Forbes Magazine ranked Schmidt as the 138th-richest person in the world in 2012, with his estimated total wealth near $7.5 billion. Schmidt joined Google’s Board of Directors in 2001, and thereafter became the company’s CEO later that same year. Schmidt shared in daily operations of Google – with his duties centered on management. During his career, Schmidt was also on the Board of Directors of Apple from 2006-2009. Schmidt’s term as Google CEO lasted from 2001-2011, and his approximate salary is estimated at $1.25 million.
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