Married billionaire and former Google chairman Eric Schmidt reportedly launched a $100 million company with entrepreneur Michelle Ritter while the two were dating.
Notably, Schmidt’s involvement with Steel Perlot appears to be the first time the former Google CEO has publicly entered into a major business partnership with someone he is dating while also being married to Wendy Schmidt, his wife of more than 40 years.noted. The billionaire has even reportedly “made it clear” to employees that the company is Ritter’s, and that she has full autonomy to run it.
A company spokesperson told the outlet that Schmidt plans to continue funding Steel Perlot, and that the billionaire’s relationship with Ritter is unrelated to the business.
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