They looked like the perfect power couple. The entrepreneur daughter of a former prime minister and the millionaire investment banker.
But sadly, after 13 years, Jessica Rudd, 36, and Albert Tse have reportedly separated.
Ms Rudd – the daughter of former PM Kevin Rudd – and Mr Tse split amicably in recent weeks, close friends told the Sydney Morning Herald.
The couple met back in 2000, when Ms Rudd was just a teenager and Tse was 21 and a volunteer for her father, who was then an MP.
They married seven years later and moved overseas to both London and Beijing for work before settling in Australia in 2014.
They have two children, an eight-year-old and five-year-old.
Just five months ago, the couple splurged on a $1.56million one-bedroom apartment in Barangaroo in Sydney’s CBD.
They were believed to be splitting their time between Sydney and Brisbane.
A source close to the couple told the Herald that the split has been ‘extremely amicable’.
‘It’s pretty sad, but that is what happens when you’re busy people,’ the source said.
Back in 2015, Ms Rudd penned an open letter in which she discussed her heartbreaking miscarriage after giving birth to her first daughter, as well as her experience with post natal depression.
At the time, the then 31-year-old author said losing a child ‘steals the joy of pregnancy and replaces it with terror’.
Ms Rudd is a qualified lawyer and author, but works primarily as an entrepreneur and businesswoman.
She is on the board for an online store she set up, Jessica’s Suitcase, which sells eCargo, as well as the Australian Agricultural Company, one of the nation’s biggest beef producers.
Meanwhile Tse is a former Macquarie executive who founded a private equity fund, believed to be worth in excess of $200million by 2017, MamaMia reported.
Daily Mail Australia has contacted the couple and Mr Rudd for comment.