Married billionaire Eric Schmidt reportedly invested $100 million in a company run by a 29-year-old entrepreneur said to be his girlfriend
Summary
Schmidt, who is 68 years old and worth $19 billion, per Forbes, serves as its chairman, according to his bio on the companys website, which seems to be pulled straight from Wikipedia annotations, and all.He is a "very, very active chairman," Ritter, the companys 29-year-old CEO, told Forbes of Schmidt. "Schmidt and Ritter declined to discuss the status of their relationship with Forbes, and they did not respond to Insiders requests for comment.Ritter told Forbes she met Schmidt through a connection at Columbia Law School. She was romantically linked to Schmidt in 2021 when the New York Post ran a story saying they were spotted together in New Mexico watching a Virgin Galactic launch.Ritter told Forbes that Steel Perlot has a number of backers, including institutional investors and wealthy individuals, and manages $450 million, but declined to identify the investors. Its portfolio includes companies in the AI, crypto, and payment processing space, according to Pitchbook.Steel Perlot appeared to need help paying bills in January, according to the Forbes report. The company emailed Hillspire LLC, Schmidts family office, and requested nearly $2.5 million to cover payroll and credit card debts, Forbes reported, citing a copy of the email.Schmidt, who shares two daughters with his wife Wendy, has been rumored to date other women though he has never confirmed it.