Larry Page’s wedding on Dec. 8 is supposed to be a secret event, at least that’s what the co-founder of the most successful internet company Google Inc. (Nasdaq: GOOG, stock) hoped for. Page will be married (or already depending on your time-zone) to Lucy Southworth at an undisclosed location. Rumor said the location could be on Necker Island, Richard Branson’s 74-acre estate in the British Virgin Islands. If Larry Page was not the co-founder of Google Inc. then nobody would give a damn but here you’ve a young and probably a person who could climb the ladder to become the world’s richest man on earth.
Marriages of the rich and famous are perhaps one of the great stories many publishers or journalists would like to get their hands on. But if you’re as rich as Larry Page then you might want to get a good lawyer. According to New York divorce lawyer Raoul Felder “A billionaire has to treat an upcoming marriage as a merger. But it’s a merger with a potential enemy.” Not only Page’s wife could potentially become a billionaire herself in case of a divorce (depending on the agreement) but there’re tons of other agreements that both the happy couple could have (or need to) signed.
As a starter Lucy might not be allowed to reveals any confidential information about the marriage in case of divorce. You can bet the moment the word divorce even mentioned there would be tons of offers from television to do interviews. There’s a saying that without love the next important thing in a woman’s life is money, though it might not be true all the time but you’re talking about U.S. here. With Google’s stock price at $700 a share, Lucy is smiling at $10 billion – half of Larry Page’s fortune.
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December 9th, 2007 by financetwitter
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Hi Stocktube :
So have you been “married” to the stock GOOG lately? I wish you have the “option” to do it 🙂
Yours Truly,
Tony Chai
My Options Trading Blog