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Patrick Kilbane

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“And the crazy thing about the divorce world, Barry, is it imposes these fantasy rules and regulations that you and I would never have to discuss with a married couple.” — Patrick Kilbane, Masters in Business

Ritholtz had asked how you divide a private business in a divorce when there is no market price to look up. Kilbane's answer was that you hire a valuation expert and then discover the law has invented its own vocabulary: enterprise goodwill against personal goodwill, and in his home state of Florida a business valued as if the spouse who runs it were absent. The gap between what a buyer once offered for the company and what counts as the marital share can be enormous.

Masters in Business · 2026-08-19 Context → Listen →

Where They Turn Up

Masters in Business 1