Russian tycoon could be facing a costly divorce
OWNER OF ENGLISH SOCCER CLUB AND HIS THIRD WIFE SPLIT
Roman Abramovich ended his last marriage with a reputed settlement of 195 million — small change for a multibillionaire.
This time, the Russian oligarch and owner of the English soccer club Chelsea FC may not be so lucky, after announcing that he has separated from his third wife, Dasha Zhukova.
The couple said in a joint statement Monday they had “made the difficult decision to separate” after 10 years together.
The 50- year- old Abramovich and 36- year- old Zhukova have two children and founded the Garage Museum of Contemporary Art, Russia’s prominent modern art museum. The Moscow museum hosts popular exhibits and become one of the most-visited art venues in the Russian capital.
The couple said in the statement that they remain “close friends, parents, and partners” and would continue to work together on Garage and the New Holland Island cultural hub in St. Petersburg.
While they insisted the split was amicable, they could get embroiled in the world’s costliest divorce if forced to untangle the tycoon’s estimated $9.1 billion fortune.
Abramovich owns the football club, the second largest yacht in the world and several luxury properties, including a mansion in New York and a property in Kensington Palace Gardens. Among his fleet of supercars is a Ferrari FXX prototype worth around $ 1.9 million and a Bugatti Veyron, priced at $2.6 million.
However, Zhukova, an art collector, is the independently wealthy daughter of a Russian oil magnate and may not have any desire to pursue her husband for money.
In a joint statement, the couple said: “After 10 years together, the two of us have made the difficult decision to separate, but we remain close friends, parents and partners in the projects we developed together.”
Legal experts said they expected Abramovich to have a prenuptial agreement in place and any divorce proceedings would be dealt with by a Russian court in order to protect his assets, much like his previous divorce, when he is understood to have ended his 16-year marriage to second wife Irina Vyacheslavovna Malandina at a cost of $195 million in Moscow in 2007. Details have remained hidden under Russia’s secretive legal system, but it is thought Malandina was given a lump sum as well as four homes and provision for their five children.
Abramovich and Zhukova were first seen together in public in 2005. The oligarch was still married to Malandina, but their friendship strengthened and Zhukova and her father, Alexander Zhukov, were invited to Abramovich’s New Year party later that year.
Her father is an oil, metals and banking tycoon who owns a mansion block in Kensington, west London, as well as homes in New York and Moscow.
The couple married secretly around nine years ago. Their first child, Abramovich’s sixth, Aaron Alexander, was born in December 2009 and daughter Leah Lou was born in April 2013, both in the United States.
Abramovich married his first wife, Olga Yurevna Lysova, in December 1987 but was divorced just three years later. He wed Malandina in 1991, before he made his fortune in the Russian privatization boom.
Raymond Tooth, a London divorce lawyer, said it was “inconceivable” that Abramovich and Zukhova would not have a pre-nup.
“He will have done a deal and will sort it out in Russia to avoid any claims in an English court,” he said.