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Ex-Google CEO Eric Schmidt, 69, and wife Wendy are the picture of happiness as they attend star-studded bash together - after billionaire gave his 30-year-old 'girlfriend' $100M for her business amid reports he's in an 'open' marriage

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Former Google CEO Eric Schmidt, 69, has been pictured attending a star-studded bash with his wife, Wendy - after he invested $100 million to a AI startup run by his rumored girlfriend Michelle Ritter, who is more than 30 years his junior.

On Saturday, Eric and Wendy seemed happy as ever while attending the Obamas' White House interior designer Michael S. Smith's celebrity-studded 60th birthday, five years after it was first reported that the married couple were in an 'open' relationship. 

Eric was branded New York City's 'hottest bachelor' after he and wife, Wendy, 68, were reported to have entered an 'open arrangement,' according to a New York Post piece in 2019.

In 2021, it was then reported that Eric, who is worth an estimated $25.1 billion, had entered a relationship with Michelle Ritter, a Columbia Law graduate.

Just a year ago, it was reported that Eric was a 'very, very active' chairman in Michelle's tech company, Steel Perlot, even plowing more than $100 million into the company, Forbes reported.

Former Google CEO Eric Schmidt, 69, stepped out with wife Wendy at a star-studded bash on Saturday - five years after it was reported they were in an 'open arrangement'

Former Google CEO Eric Schmidt, 69, stepped out with wife Wendy at a star-studded bash on Saturday - five years after it was reported they were in an 'open arrangement' 

The pair appeared to be in good spirits after Eric plowed more than a $100 million into rumored girlfriend Michelle Ritter's business (Eric and Michelle seen in 2023)

The pair appeared to be in good spirits after Eric plowed more than a $100 million into rumored girlfriend Michelle Ritter's business (Eric and Michelle seen in 2023)

Michael hosted a number of A-listers at his Bel Air home as he and celebrities Steven Spielberg, Harrison Ford, Cindy Crawford, Rande Gerber, Queen Latifah, Larry David, JJ Abrams, Sean Hayes and Rashida Jones partied the night away. 

The former Google CEO and his wife also shared an intimate moment when she placed a hand on his back outside the party. 

Eric sported a pair of navy pants with a grey sweater and a navy blazer. He matched the look with a pair of black dress shoes. 

Wendy kept it chic as she wowed in a blue tweed dress. 

The 68-year-old - who has been married to the Google mogul for 40 years - accessorized with a pair of nude heels and a white purse. 

She let her platinum blonde locks fall down her shoulders. 

The star-studded event marks the first time the couple has been seen since reports that Eric handed more than $100 million to help fund Michelle's business. 

According to Forbes, in 2023, the former Google chairman, began overseeing a vast number of companies - with one of them belonging to his rumored lover Michelle. 

He was spotted grinning from ear-to-ear while attending the Obamas' White House interior designer Michael S. Smith's celebrity-jammed 60th birthday on Saturday

He was spotted grinning from ear-to-ear while attending the Obamas' White House interior designer Michael S. Smith's celebrity-jammed 60th birthday on Saturday

The 69-year-old became branded New York City's 'hottest bachelor' in 2019 after he and his spouse, Wendy, 68, reportedly entered an 'open arrangement,' according to the New York Post

The 69-year-old became branded New York City's 'hottest bachelor' in 2019 after he and his spouse, Wendy, 68, reportedly entered an 'open arrangement,' according to the New York Post

The husband and wife duo - who became the center of headlines in 2019 when they began an open marriage - arrived looking smitten for each other
The husband and wife duo - who became the center of headlines in 2019 when they began an open marriage - arrived looking smitten for each other

The husband and wife duo - who became the center of headlines in 2019 when they were said to have entered into an 'open' marriage - arrived looking smitten for each other

Michael hosted a number of A-listers at his Bel Air home as he and celebrities Cindy Crawford and Rande Gerber (pictured), and Steven Spielberg partied
Michael hosted a number of A-listers at his Bel Air home as he and celebrities Cindy Crawford and Rande Gerber, and Steven Spielberg (pictured) partied

Michael hosted a number of A-listers at his Bel Air home as he and celebrities Cindy Crawford and Rande Gerber (left), and Steven Spielberg (right) partied 

He handed over the staggering amount of funds to his younger girlfriend to help the startup accelerator called Steel Perlot, of which Eric was chairman.

At the time, Michelle told Forbes: 'He is a very, very active chairman. We have a very typical CEO-chairman relationship.'

Despite remaining married to Wendy for more than four decades, the former Google CEO has made headlines in recent years for his numerous love affairs with younger women.

However, his pay up to Michelle marked the first time he entered a business deal with one of his partners.

In 2021, he was spotted with Michelle on a romantic getaway in New Mexico. 

Larry David was also in attendance at the star-studded bash that brought together a flood of celebrities

Larry David was also in attendance at the star-studded bash that brought together a flood of celebrities 

Eric and Wendy seem to have a close relationship with designer Michael (seen alongside Wendy in 2023)

Eric and Wendy seem to have a close relationship with designer Michael (seen alongside Wendy in 2023)

Eric and Wendy were said to have entered an open marriage

Eric and Wendy were said to have entered an open marriage

He was spotted with Michelle on a romantic getaway in New Mexico in 2021

He was spotted with Michelle on a romantic getaway in New Mexico in 2021

Michelle is said to be an entrepreneur in the tech world having apparently set up financial trading platform together with her management company which also specializes in tech

Michelle is said to be an entrepreneur in the tech world having apparently set up financial trading platform together with her management company which also specializes in tech

He was the CEO of Google from 2001 until 2011, before serving as executive chairman of the company from 2011 until 2018.

Forbes ranked him as the 84th richest man in the world in its 2020 billionaires' listings.

He also has a philanthropic foundation called Schmidt Futures, which says it funds 'charitable, educational, and commercial efforts with a public purpose.'

Michelle is said to be an entrepreneur in the tech world having apparently set up financial trading platform together with her management company which also specializes in tech.

An online bio describes her as working as a cyber research associate at Stanford University.

She is also said to have worked for the Department of Homeland Security's Subcommittee on Cybersecurity and also worked in research for the Institute for State Effectiveness and for the Government of Afghanistan.

She has a BA in Economics, International Studies, and Political Science from Johns Hopkins University.

According to Page Six, Eric's list of past girlfriends includes PR executive Marcy Simon, journalist Kate Bohner, Council on Foreign Relations communications VP Lisa Shields, pianist Cho-San Nguyen and socialite Ulla Parker.

Patrick Whitesell and Pia Miller sent heads spinning as they looked as glamorous as ever while walking into the bash

Patrick Whitesell and Pia Miller sent heads spinning as they looked as glamorous as ever while walking into the bash

Debbie and James Burrow also arrived at the party walking hand-in-hand

Debbie and James Burrow also arrived at the party walking hand-in-hand

And while many stars stuck to neutrals, Colin Bernsen opted for something more eye-catching as she donned an orange mini dress and a pair of silver heels

And while many stars stuck to neutrals, Colin Bernsen opted for something more eye-catching as she donned an orange mini dress and a pair of silver heels

A variety of other stars were in attendance at the interior designer's bash. 

Supermodel Cindy, 58, was seen embracing her hubby, Rande Gerber, 62. 

She showcased her stunning looks in a multi-colored silk dress with a pair of green booties. 

The brunette beauty threw a leather jacket atop her outfit. 

Meanwhile, Larry David kept it casual as he arrived to the party in a pair of jeans, a blue sweater, a tan jacket and a pair of grey sneakers. 

Debbie and James Burrow also arrived at the party walking hand-in-hand. 

Patrick Whitesell and Pia Miller sent heads spinning as they looked as glamorous as ever while walking into the bash - with Pia stunning in a black mini dress as Patrick kept it classy in an-all black outfit and a gray blazer. 

And while many stars stuck to neutrals, Colin Bernsen opted for something more eye-catching as she donned an orange mini dress and a pair of silver heels. 

Peter Frankfurt also attended the bash while donning an all-white suit with a purple button-down

Peter Frankfurt also attended the bash while donning an all-white suit with a purple button-down

Rick Caruso and his wife, Tina, also rolled up to the party as they gave the camera a stunning smile while holding hands

Rick Caruso and his wife, Tina, also rolled up to the party as they gave the camera a stunning smile while holding hands

Actress Queen Latifah even made an appearance. The star made quite the entrance as she sported a printed white and gold two-piece

Actress Queen Latifah even made an appearance. The star made quite the entrance as she sported a printed white and gold two-piece

Peter Frankfurt also attended the bash while donning an all-white suit with a purple button-down. 

Meanwhile Rick Caruso and his wife, Tina, rolled up to the party as they flashed the camera a stunning smile while holding hands. 

Actress Queen Latifah even made an appearance. The star made quite the entrance as she sported a printed white and gold two-piece.

Another movie star who graced the party with his attendance was Colin Bernsen, who looked dapper as he headed into the bash, as did filmmaker and composer JJ Abrams. 

JJ sported a pair of jeans and a sweater as he headed into the fun-filled event.

Harrison Ford showed up donning a pair of dark-blue jeans, a light blue-button down and a black blazer. 

Harrison Ford showed up donning a pair of dark-blue jeans, a light blue-button down and a black blazer

Harrison Ford showed up donning a pair of dark-blue jeans, a light blue-button down and a black blazer

Another movie star who graced the party with his attendance was Colin Bernsen, who looked dapper as he headed into the bash

Another movie star who graced the party with his attendance was Colin Bernsen, who looked dapper as he headed into the bash

Filmmaker and composer JJ Abrams also went to the birthday party, however he donned a much more casual look
Vanity Fair's editor Britt Hennemuth also attended the party and donned an all-black chic outfit

Filmmaker and composer JJ Abrams also went to the birthday party, however he donned a much more casual look 

The party was hosted by the designer - who is well acquainted with the Obamas. 

Michael was appointed by President Barack Obama to the Committee for the Preservation of the White House from 2008-2016. 

He is also credited with the 2010 makeover of the Oval Office. 

Michael's roster of A-list clients includes News Corporation president Peter Chernin, Oaktree Capital chairman Howard Marks, writer Gigi Levangie Grazer.

He also decorated two of model Cindy's homes as well as the pads of film director Steven Spielberg, and actor Dustin Hoffman. 

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