Hedge fund boss loses £282m spat with his ex-wife
BILLIONAIRE hedge fund boss Sir Christopher Hohn has lost a spat with his ex-wife over whose charity will get £282m.
Hohn, 50, split from Jamie Cooper, 52, in 2014, and was ordered to give her £337m in a divorce settlement – around a third of his fortune. But the pair continued to quarrel over which of their pet causes deserved a £282m tranche of cash.
Now a High Court judge has ruled that Hohn’s charity, the Children’s Investment Fund Foundation, must pay the money to Big Win Philanthropy, which Cooper started after they split. Hohn met Cooper when studying at top US university Harvard, and they married in 1985. He was a gifted investor but also became keen on good causes after witnessing appalling poverty while on a business placement in the Philippines.
The pair, who have four children, became well-known for eschewing the luxurious lifestyles of their megarich contemporaries.