Saturday 26 May 2012

Billionaire wife's wedding ring?


                                                         
Should the price of the ring a guy gives his wife be compared with his love for her? Well, that's the case of Mark Zuckerberg, his new bride as of Saturday May 19th, Priscilla Chan, 27, was spotted in California two days ago wearing her ruby wedding ring.




 It's not like its very cheap...experts say it's probably worth over $50 thousand dollars but that's cheap considering her husband is among the 15 richest men in the world.He's worth $20 billion and that's the ring he bought for his wife? To worsen the issue, his wife on their wedding day wore an off-the-rack wedding dress designed by Claire Pettibon worth a few hundred dollars.

Meanwhile, I heard that Mrs Zuckerberg has no claim to one kobo of Mark's $20b. He married her just one day after he raked in $20 billion after taking Facebook public. Under California Law if one person builds a business and sells it immediately before being married the spouse has no legal claim to the proceeds of the sale. Priscilla as Mark's wife now has 50% interest in any proceeds earned from the growth of Facebook since they got married  Saturday May 19th. And Facebook's stock is not doing very well now! 

Now, let's be frank, does it mean he doesn't want to spend the money or his wife isn't worth the money? well, i rest my case, it could be their decision to to do some money management.


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