Frankie Cordeira Jr.

Description: BILLIONAIRE ORDERED TO GIVE WIFE $584M IN RECORD DIVORCE PAYOUT... Billionaire ordered to give wife 453m in record divorce payout Frances Gibb LegalEditor | JonathanAmes The family division of the High Court was told that the man made more than 1billion as an oil and gas trader while his wife brought up their two sonsANDREW MATTHEWS/PRESS ASSOCIATION A Russian-born billionaire must pay his estranged wife 453 million in what is believed to be the biggest divorce award ordered by a judge in Britain. Mr Justice Haddon-Cave described the former wife as a hands-on mother who made an equal contribution to the 20-year marriage. He awarded her 41.5 per cent of the marital assets of just over 1 billion after a private hearing in the High Courts family division in London yesterday. The judge said that the woman 44 who was born in eastern Europe had been a housewife and a mother throughout the marriage. The man 61 worked in London as an oil and gas trader. Nearly five years ago he sold his shares in a Russian company for $1.3 billion. The Want to read more? Register with a few details to continue reading this article. Already a subscriber? Login Previous article Child suicide picture posts are allowed by Facebook Previous article Next article Patients wait longer as GP jobs lie vacant Next article
By Frankie Cordeira Jr.
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