divorce settlement

Stories 1 - 20 |  Next >>

Two-Timing Tycoon Ordered to Pay Ex-Wife $1B in Cash

It's South Korea's largest ever divorce settlement

(Newser) - Divorce can be expensive, especially when you're a billionaire found to have fathered a child with your lover behind the back of your wife of 35 years. Such is the case for Chey Tae-won, chairman of SK Group, South Korea's second-largest conglomerate. A decade after his marriage dissolved,...

Armie Hammer, Wife Strike a Deal on Divorce

Settlement reached nearly 3 years after Elizabeth Chambers filed

(Newser) - Armie Hammer is almost a single man again. TMZ reports that legal documents show the 36-year-old Call Me by Your Name actor has reached a divorce settlement with estranged wife Elizabeth Chambers, nearly three years after she first filed to split. Details are scarce, other than that the arrangement centers...

Divorce Settlement Is Largest UK Courts Have Ever Seen

Sheikh Mohammed bin Rashid Al Maktoum, ruler of Dubai, must pay Princess Haya, kids $737M

(Newser) - The ruler of Dubai has just been told to pony up some big bucks to his ex, in what Bloomberg reports is "the largest financial award the UK family courts have ever seen." In total, Sheikh Mohammed bin Rashid Al Maktoum, who's also the prime minister of...

Wife to Ex-Hubby: Where's My $600M?
Wife to Ex-Hubby:
Where's My $600M?

Wife to Ex-Hubby: Where's My $600M?

Tatiana and Farkhad Akhmedova have a lot to fight about

(Newser) - Honey, you owe me about $600 million—and I'm waiting. Tatiana Akhmedova is taking her ex-husband to court in London over a fortune including a private jet, an art collection, and several luxury mansions, the Guardian reports. A divorce court has already granted her 41.5% of Farkhad Akhmedov'...

Her Ex Tried to Hide a $500M Superyacht. It Didn't Work

Tatiana Akhmedova will get 380-foot luxury Luna in her divorce settlement with Russian oligarch

(Newser) - Persistence and a little detective work has paid off for Tatiana Akhmedova, in the form of a $500 million superyacht to be handed over to her by her soon-to-be ex-husband. Reuters and the South China Morning Post report that UK judge Charles Haddon-Cave has ordered Russian oligarch Farkhad Akhmedov to...

He Donated $40M. Now His Ex Wants Some of It Back

Janet Foisie says hubby hid funds from her in Switzerland during divorce

(Newser) - Robert Foisie has donated $63 million to Massachusetts' Worcester Polytechnic Institute over the years, making him the largest donor in its history, per the Worchester Business Journal . His ex-wife, however, says some of that money should instead be in her pockets. In a lawsuit, Janet Foisie explains she and Robert...

Billionaire Who Bought Grindr Gets Very Expensive Divorce

Zhou Yahui will give his wife shares worth $1.1B

(Newser) - The Chinese billionaire who owns a majority stake in Grindr will be slightly less of a billionaire after his divorce from his wife, Forbes reports. Zhou Yahui agreed to transfer 278 million shares of his company, Beijing Kunlun World Wide Technology Share Company, to his wife, Li Qiong. The shares...

Amber Heard Gives Full Divorce Settlement to Charity

$3.5 million will go to combating violence against women

(Newser) - The Amber Heard-Johnny Depp divorce saga has ended with a peaceful settlement —and a stinging retort to those who accused Heard of being after Depp's money. Heard announced Thursday that she is giving the entire $7 million settlement to charity, People reports. "As described in the restraining...

Ex-Model Makes History With $97M Divorce Settlement

'This is what I am accustomed to,' Christina Estrada says

(Newser) - Former model Christina Estrada made history Friday when she received a stunning $97 million divorce settlement from a British court, the Telegraph reports. And even that was less than half what she was asking. The settlement includes cash and assets from her ex, Saudi businessman Walid Juffali, and is the...

Billionaire's Divorce Details: $82K on Groceries

Ken Griffin says wife Anne Dias wants $24K a year for stationery

(Newser) - Chicago hedge fund billionaire Ken Griffin and his money manager wife are embroiled in a contentious divorce, and the couple's battles over money had CNBC last month asking, "How can three kids under age 10 cost $1 million a month?" That after court papers indicated Anne Dias Griffin...

Oil Magnate Loses Favorite Geode in $1B Divorce

Harold Hamm will pay ex-wife $322M now, $7M a month starting in 2015

(Newser) - Oil tycoon Harold Hamm got two horses named Star and Uno, firearms, and family photos, but he lost his favorite geode to his ex-wife. The 68-year-old Continental Resources CEO still has "billions to spare," though, even after an Oklahoma City judge ruled yesterday that he must pay Sue...

'Most Expensive Divorce in History' Ordered

Russian tycoon has to pay ex-wife $4.5B

(Newser) - Dmitry Rybolovlev, the Russian oligarch so wealthy that his daughter Ekaterina bought New York City's most expensive apartment to use when she visits the city, is about to lose a huge chunk of his riches. After a six-year legal battle, a Swiss court has ordered the billionaire to give...

Millionaire to Ex-Wife: Stay as My Housekeeper

Mysteriously, she 'became aggressive,' court hears

(Newser) - A wealthy British man asked his ex-wife to stay on as his housekeeper after he moved another woman into the home they shared—and couldn't understand why the offer made his partner of 30 years "so aggressive," a court heard this week. The man, now in his...

Rupert Keeps Fox; Wendi Gets Apartment
 Rupert Keeps Fox; 
 Wendi Gets Apartment 
murdoch divorce

Rupert Keeps Fox; Wendi Gets Apartment

Murdoch divorce said to be almost finalized

(Newser) - As the Murdoch divorce approaches finalization, settlement details are emerging: Don't expect any changes to 21st Century Fox or News Corp, the Los Angeles Times reports. Rupert will keep both properties, as well as his Beverly Hills home and newly-acquired Moraga Vineyards, though New York will remain his primary...

Judge Tells Divorcing Couple to Split House, Literally

It's a sign of tough financial times in Spain

(Newser) - These are no ordinary times in financially strapped Spain, and this is no ordinary divorce ruling as a result: A judge in Seville has ordered a couple to split their home—and she is not speaking figuratively, reports the Local . The judge says the couple should go on living at...

Could This Be the Priciest Divorce Ever?

Harold Hamm could end up paying wife Sue Ann quite a large sum

(Newser) - America's biggest oil baron could soon be setting another record—but this one's not so good. Harold Hamm's second wife, Sue Ann Hamm, filed for divorce last year, and the financial settlement could end up trumping the $1.7 billion current record-holder Rupert Murdoch paid ex-wife Anna...

All Katie Gets From Tom: Child Support

Cruise gives Holmes no lump sum, no spousal support

(Newser) - In accordance with a TomKat prenup, Katie Holmes won't be getting a dollar of spousal support in her divorce settlement. The only money she'll see is child support—and relatively little of it, TMZ notes. Tom Cruise owes his ex $400,000 a year in child support, far...

Tiger Woods' Ex Tears Down $12M Mansion

Elin Nordegren now planning 'dream house' on Florida site

(Newser) - Somebody's got too much money. Tiger Woods' wronged ex-wife wasn't quite happy with the $12 million, 9,000-square-foot North Palm Beach mansion she purchased last year—so she's knocking the whole thing down, reports TMZ . Elin Nordegren plans to build her "dream house" on the same...

Husband Burned by Madoff Wants New Divorce Deal

He lost his share of settlement in Ponzi scheme

(Newser) - Bernie Madoff is messing up divorce settlements now, too. A husband wants his wife to give him back millions of dollars because he lost his share of their combined wealth in Madoff's Ponzi scheme, reports the New York Times . Steven Simkin and Laura Blank split up in 2006 and...

10 Priciest Divorces Ever
 10 Priciest Divorces Ever 
no. 1: $1.7 billion

10 Priciest Divorces Ever

Think Tiger's paying a lot? He's still not tops

(Newser) - Tiger Woods’ reported $750 million divorce payout is big, but not big enough to top the Daily Beast's list of the 10 costliest divorces (it comes in second—a distant second):
  • Michael and Diandra Douglas: She walked away with half his fortune—$45 million—and could still get more. She’
...

Stories 1 - 20 |  Next >>