Sergey Brin Ordered Sale of Musk Investments After Affair: WSJ

(Bloomberg) — Google co-founder Sergey Brin instructed his advisers to sell his personal investments in Elon Musk’s companies in recent months after learning that he had a brief affair with his wife, according to the Wall Street Journal.

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Musk, the co-founder of Tesla Inc., had an alleged liaison in early December in Miami with Nicole Shanahan, the Journal said, citing unidentified people familiar with the matter. That ended the long friendship between Musk, 51, and Brin, who helped support the electric carmaker during the 2008 financial crisis. Brin, 48, filed for divorce from Shanahan in January.

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The size of Brin’s personal investments in Musk’s companies isn’t known, and it’s unclear whether there have been any sales, the newspaper said.

Musk is the world’s richest person with a $242 billion fortune, according to the Bloomberg Billionaires Index. Brin is the eighth-wealthiest, with a net worth of $94.6 billion.

The affair is the latest in a string of revelations about Musk’s personal life. Reports earlier this year said he became the father to twins born to a senior executive at his artificial intelligence startup Neuralink.

Another of his companies, SpaceX, paid an employee $250,000 to settle a claim she was sexually harassed by Musk in 2016, according to Insider. Musk said the accusations were “utterly untrue” and designed to interfere with his acquisition of Twitter Inc., an agreement which he’s now trying to exit.

Musk’s affair with Shanahan took place in December at Art Basel in Miami, and Musk at another event asked Brin for forgiveness, according to the Journal.

Brin and Shanahan are currently negotiating a settlement, with Shanahan seeking more than $1 billion, the Journal said, even though there’s a prenuptial agreement.

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Source: https://finance.yahoo.com/news/sergey-brin-ordered-sale-musk-190817370.html