Google executive chairman Eric Schmidt is headed in the direction of the second biggest divorce of all time, costing him an unthinkable $1.5 billion. The New York Post reported that Schmidt is planning to sell 2.4 million of his shares to help pay for his split from his soon-to-be ex-wife, Wendy Schmidt.
If all goes according to plan for Wendy, the mother of their two children, Eric is set to give up a quarter of his $6.2 billion fortune. During the couples 13 year marriage Eric has overseen Google, as it rose to be one of the biggest companies in the world, with a $9.7 billion annual profit.
Eric would also looking at splitting up his vast array of homes, including his $20million mansion with four acres of land in Montecito, California he bought from U.S. TV show host Ellen Degeneres in 2007. He also owns a summer home in Nantucket and a $3.7 million home in Atherton, CA, near Google's Silicon Valley headquarters. In addition to his homes Schmidt also owns the 195-foot super yacht Oasis which he bought for $72.3million.