The Internet is discussing the affair of married 69-year-old billionaire Eric Schmidt with 30-year-old Michelle, who cheated him out of $100 million
The internet is buzzing about the affair between billionaire and former Google CEO Eric Schmidt and his lover Michelle Ritter, who cheated him out of $100 million.
Columbia University graduate Michelle and the businessman, whose fortune is estimated at $32 billion, began dating in 2021. During their affair, Ritter created an artificial intelligence startup, Steel Perlot, in which Eric invested the first $100 million. "In a few years, this company will be on par with Google X and Y and Blackstone, you should have seen its profitability already," journalist Yunia Pugacheva quotes Schmidt on her Telegram channel. The billionaire, by the way, has been married since 1980. He has an open relationship with his wife Wendy, and 30-year-old Michelle became the first of his many girlfriends in whose company he invested.
According to Junia, Michelle didn't engage in "manly" conversations about investments, but only listened to Eric rave about her ideas to his friends. She was more interested in discussing "the lost Net-a-Porter package containing the Dolce Gabanna corset."
This spring, nearly two years after Steel Perlot was founded, the unpleasant truth came to light. According to employees, Michelle forced them to exaggerate the company's profitability by hundreds of times. The "successful" startup went into the red by $61 million, and its profit was only $200,000. Workers who got jobs with Michelle because of the famous name of her 69-year-old boyfriend said that their boss came to the office whenever she wanted - "on the way to a party with Bezos or between a manicure and a massage." She also allegedly came to the office with a cup of coffee with wine in it, asked for over-the-counter medications, and wrote herself a salary of a million dollars a year.
Eric and Michelle were last seen in public in April 2023, at a party hosted by Amazon founder Jeff Bezos in Beverly Hills. When Schmidt learned of his lover's machinations, he hired a lawyer, changed the locks on his New York penthouse, asked Michelle's parents to move out of his Los Angeles condo, and is trying to evict her from her Bel Air estate. The financial losses aren't as important to Schmidt as the reputational ones. Now investors will think twice before trusting their money to little-known companies on the advice of billionaires in love.
In May of this year, Eric Schmidt and his wife Wendy appeared together in public for the first time since 2019. Five years ago, it became known that the couple had been in an open relationship for a long time, and Schmidt allowed himself to have affairs with several girls at the same time. Page Six called him "New York's hottest bachelor." Allegedly, he buys houses in different parts of the world for his numerous relationships.
Schmidt is known to prefer the company of 30-year-old women, and as a New York Post source in Silicon Valley tells it, "The nerd's greatest trophy is sleeping with women who would never have given him the time of day in their first 30 years."
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