Tycoons battle over kids’ $37K-a-month child support payments
HIS ex-WIFE SHORTED HIM!! lol!!
A California investor on Tuesday lost a bid to lower support payments to his ex-wife after she claimed she needed $37,500 a month to pay rent to her new billionaire hubby for her teenage kids.
“I have and always will pay for all my children’s needs in excess, I just don’t feel it’s right for me to pay for half of Mr. Salzman’s mansion,” the investor, Andrew Left, told The Post.
Andrea Left last month married Alan Salzman, an early investor in Tesla who pocketed roughly $2.3 billion when the electric carmaker went public in 2010.
In Left’s pre-nup with Salzman, the 63-year-old founder of VantagePoint Capital Partners, a Silicon Valley venture capital firm, she promised to pay half the monthly upkeep of their $20 million Beverly Hills mansion.
But the 46-year-old newlywed has to share in the upkeep only as long as her two teenage kids spend more than 50 percent of the time in the home, according to the pre-nup.
In a deposition last week, Salzman estimated that total household expenses — which include mortgage, taxes and gardening — would be roughly $33,000 a month, or $400,000 a year.
Andrea Left’s portion, therefore, would come to about $16,666 a month.
Such an arrangement makes the upkeep payments seem like rent payments.
“It’s interesting that the new husband is specifying her contribution based on the time her kids are there, versus just saying each party pays half of the all household expenses,” Lauri Martin, a California divorce lawyer not involved in the case, told The Post.
Andrew Left argues that Salzman is effectively asking that his teenage kids pay rent.
With his ex now married to a billionaire, Andrew Left went to court to try to cut his monthly child support payments to $10,000.
But a judge on Tuesday ruled in his ex-wife’s favor.