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Mark Zuckerberg

He Did NOT Pull a Fast One

On His Bride

5/21/2012 10:48 AM PDT BY TMZ STAFF
EXCLUSIVE

0521_mark-zuckerberg_and_wife_splash
There's talk that Mark Zuckerberg timed his wedding to cut his new wife out of the $20 billion he raked in Friday, when Facebook went public, but it's simply not the case.

As you know, Mark married Priscilla Chan the day after his portfolio ballooned.  But here's the deal ... Under California law, if one person grows a business before marriage and sells it right at the time he or she gets hitched, the new spouse has no legal claim to the proceeds of the sale.

Disso Queen Laura Wasser, who reps almost every celeb in the throes of divorce including Britney Spears, Angelina Jolie and Maria Shriver, tells TMZ it's pretty simple:  "Facebook is a separate property asset of Mr. Zuckerberg.  It's like a painter who paints a painting prior to marriage and sells it shortly after marriage.  Any proceeds from the sale of the painting are the artist's separate property."

Now, if Facebook continues to increase in value during their marriage, Priscilla would have a 50% interest in proceeds from the growth.  But if today is any indication ... Priscilla shouldn't hold her breath -- the stock plummeted 10% today.

BTW, we don't know if Mark got Priscilla to sign a prenup.

64 COMMENTS

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16.

Mayu    

What I think is funny is how awkward they look for a newly married couple. In one photo they looked like a couple who met for the first time on the day of their arranged marriage... Usually newly married couples are all over each other. They were standing apart, smiling uncomfortably, if you could call what she had on her face a smile... Its your wedding... cheer up

782 days ago
17.

Dino     

It's simple ... He will transfer all the money to Phillipines or whatever Asian country that girl is from to avoid to pay taxes in US. What else is new !

782 days ago
18.

Questioning    

I think you are wrong -- increases in value of separate property during a marriage are separate property as well.

782 days ago
19.

WhyNot    

Priscilla has been with him for 9 yrs. Shewas with him from the inception of Facebook, and probably already owns stock in the company or has been benefiting by his success from the start. Does common-in-law not count for anything in California?

782 days ago
20.

Please!!!     

LOL Please people?!? Something like this is actually a pleasant thing to see in this day and age. A woman who stuck by a guy on the way up, and also could support herself if she had to, and the guy put a ring on her, instead of bailing out for the first star ****er, gold digger who turned his head. A lot of other guys just run through and use up woman, if they ever achieve Zuckerberg's position. LOL people please lets be happy and celebrate the beautiful occasion with love and respect..... Ooh well I'm just saying give him a break.

782 days ago
21.

Jay W.     

His wealth is in the Billions... with a " B " ... I don't think either of them really give a rats A$$ if their marriage fails down the road. There's plenty to go round.

782 days ago
22.

Fat Mike    

It'll be worth about as much as Myspace in about 2 years. After being almost addicted, I got off that crappy website around 2 years ago. I haven't missed it one bit, and am now slightly embarrassed that I was on Facebook at all.

782 days ago
23.

YouDontSay    

I think they are both intelligent people (thank you ms obvious) and are well aware of all laws pertaining to the financial end of the partnership in life.

782 days ago
24.

Truth    

I'M SURE HE PUT A FEW HUNDRED GRAND OF FB SHARES IN HER NAME ALREADY.. AS A PAYOUT DUE TO ANY FUTURE IMPENDING DIVORCE. THE DUDE IS A NERD. HE WOULDA THOT THIS OUT ALREADY BEFORE HE TIED THE KNOT TO THIS AVERAGE LOOKING PLUMP FUGLY ASIAN CHICA. NOTE SHE DID LOSE 10-12 LBS BEFORE THE WEDDING DRESS FITTING. CHECK GOOGLE. SHE DID SLIM DOWN A BIT - JUST A BIT. NO WEIGHT WATCHERS ENDORSEMENT YET, JUST SAYIN. #TRUTH!!

782 days ago
25.

tenley    

TMZ clearly is written by morons. They say in the headline and first paragraph that he didn't pull a fast one -- and then explain that she has no legal claim to anything he made the day before they married.

782 days ago
26.

SusanCoyote    

Look, he didn't marry a super-model or even an average model, that should prove he isn't a dick. Right?

782 days ago
27.

Cujeaux    

All of that money and he STILL looks slovenly on his wedding day. Looks like he gave her a $500 budget for her dress. Where did they honeymoon? Alcapulco?

782 days ago
28.

Anon    

Is it just me or does she look pregnant...

782 days ago
29.

Timmy Boy    

Regardless of how it all ends (which it will), she will definately benefit, no doubt.

782 days ago
30.

obama'saracist    

its not our mariage so we have nothing to do with what he does to her or how often

782 days ago
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