R7.81bn award in UK divorce

LONDON: THE wife of an oligarch was awarded £453 million (R7.81 billion) this week in what is thought to be Britain’s biggest divorce settlement.

The payout from the 61-yearold oil tycoon amounts to just over 41% of his estimated wealth of £1.1bn.

Mr Justice Haddon-Cave made the ruling in a written judgment following a private hearing in the Family Division of London’s High Court.

He made an order preventing the husband, from the Caucasus, and the 41-year-old wife, from Eastern Europe, from being named. – Daily Mail