"Women! Nothing surprises me Chip except your late mother."
―Max Shreck[src]

Not much was known about Max Shreck's late wife, but it was implied in Batman Returns that Max may have killed her possibly as a means of getting a hold of her money (since it was suggested that Max was a self-made man, and may therefore have needed a 'leg-up' in getting on top of the corporate ladder). However given that he loves his son Chip and showing that despite his evil nature he’s still capable of love and compassion and as such his wife obviously most likely died some other way because of his reaction when he mentioned her being deceased meaning he clearly loved his wife.

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