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Friday 19 September 2014

Most expensive divorce in history: football baron's €3.2bn deal

Henry Samuel Paris

Published 20/05/2014 | 02:30

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Dmitry Rybolovlev, the Russian billionaire owner of the French football club AS Monaco
Dmitry Rybolovlev, the Russian billionaire owner of the French football club AS Monaco

IT IS thought to be the most expensive divorce in history, involving a bitter tussle over two of the most valuable properties bought in the United States and a €122m Greek island once owned by Aristotle Onassis.

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Strange then, perhaps, that the battle should go down to the very last centime.

A Swiss court has ordered Dmitry Rybolovlev, the Russian billionaire owner of the French football club AS Monaco, to hand over half of his fortune to his ex-wife Elena, a sum that the Geneva judge ruled to be precisely 4,020,555,987 Swiss francs and 20 centimes – or €3,289,823,954.55.

Mr Rybolovlev was ordered to hand over the sum to his former wife, who lives in the Swiss city, on May 13, according to 'Le Temps', the Swiss daily newspaper. The couple had been married for 23 years.

If the sum proves correct, it will dwarf the previous most expensive divorce, estimated at €1.85bn, between Alec Wildenstein, the art heir, and his former wife Jocelyne in 1999.

Mr Rybolovlev and his ex-wife have been engaged in an acrimonious fight since 2008 over the terms of the divorce, as she sought a major slice of his fortune, which he made in the potassium industry – making him the world's 147th richest man, according to Forbes magazine. (© Daily Telegraph, London)

Telegraph.co.uk

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