Bishop & Sewell
Flower

London has a strong claim for being known as “The divorce capital of the world” because of the size of awards in celebrity or big money settlements.

The English Family Courts have a wide discretion on divorce to make financial awards. The starting point is usually an equal division of all assets that have been built up during a marriage (which will include a family home even if it has been bought using premarital wealth) with the possibility of an open-ended maintenance (alimony) order as well.

However, in case you were wondering whether leaving your spouse might result in a hefty division of assets, here’s a list of some of the world’s largest known settlements.

  • Donald and Ivana Trump, married for 15 years. Settlement £19,000,000.
  • Paul McCartney and Heather Mills, married for 4 years. Settlement £24,000,000 + £35,000 per annum.
  • Madonna and Guy Ritchie, married for 7 years. Settlement £50,000,000+.
  • Michael Jordan and Juanita Vanoy, married for 17 years. Settlement £128,000,000.
  • Mel Gibson and Robyn Moore, married for 31 years. Settlement £325,000,000.
  • Bernie Ecclestone and Slavica Radic, married for 23 years. Settlement £740,000,000.
  • Rupert Murdoch and Anna Torv, married for 31 years. Settlement £1.3 billion.
  • Alex and Jocelyn Wildstein, married for 21 years. Settlement £2.9 billion.
  • Jeff and MacKenzie Bezos, married 25 years. Settlement £27 billion.

We’re indebted to Yahoo News! For originally compiling this list and for converting several of the settlements from US dollars into UK sterling.

Even in dollars the amounts would be eye-watering.

If you are affected by similar issues or would like to have a related discussion in confidence, please call me on 020 7091 2869 or email lbarretto@bishopandsewell.co.uk

#Londondivorce #familylawsolicitors #Familylaw #divorce #divorcesolicitors #Londondivorcecapitaloftheworld

Our Team

Our Family lawyers have the knowledge and experience to guide you through these challenging times and have rankings in both Chambers & Partners and the Legal 500 for their expertise.

The above is accurate as at 31 July 2020. The information above may be subject to change during these ever-changing times.

The content of this note should not be considered legal advice and each matter should be considered on a case by case basis.


Category: News | Date: 31st Jul 2020


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