Tuesday, May 20, 2014

Russian Billionaire Ordered To Pay Four Billion Dollars

A Russian billionaire has been ordered by a Swedish court to pay his ex-wife over four billion dollars in a divorce settlement. This could be the most expensive divorce settlement in history. Read more below...

The judgment also granted his ex-wife property worth 130.5 million francs ($146 million) in property in Gstaad, Switzerland, where the couple owned two swanky chalets. It awarded his ex-wife two other pieces of real estate in the ultra-wealthy area of Geneva known as Cologny, where the couple once lived together, but listed no value for either address. And it confirmed her custody of their 13-year-old daughter, Anna. The couple also has an adult daughter, Ekaterina.

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