Elon Musk: Correcting The Record About My Divorce
businessinsider.com
businessinsider.com
$170K/month went to lawyers (in California the wealthier spouse pays for both, he says) and $20K/month before taxes to keep his ex-wife in the lifestyle she was accustomed to. Leaving $10K/month to run two metal bending companies (Tesla and SpaceX); logging 500 hours in the air last year in his "private jet" is not exactly a luxury either (after all 40 hours/week times 50 weeks is 2,000 hours).
Wow, that's awful.
Here's a question: What's to stop states from competing on divorce laws? In the old days, people used to fly to Reno to get divorced, right? Why doesn't Nevada declare that a man can divorce his wife, in absentia, leaving her with (say) nothing more than whatever her personal assets were before she entered the marriage (plus 5% per annum in interest)? They could throw in a five-day residence requirement and $100 worth of slot machine credit while they were at it.
Meanwhile, Delaware could make a similarly female-biased divorce law, and fighting couples could have a race to see who could file the papers in their state of choice first.
I'm really trying though... but the fact that his ex-wife is trying to get a share of his companies - just shows that she is trying to hurt him where it hurts the most: by hurting his baby.