• Home »
  • Big stories »
  • UK's biggest divorce award sees ex-wife win £453 million

15 May 2017 at 10:45 BST

UK's biggest divorce award sees ex-wife win £453 million

UK's biggest ever divorce award sees billionaire forced to pay out £453 million to his ex-wife.

Anton Balazh (Follow)

Mr Justice Haddon-Cave, sitting in the Family Division of the High Court in London awarded the ex-wife some 41.5 per cent of the couple’s £1 billion marital assets. In his ruling, he determined that the woman now aged 41 had made an equal contribution to the anonymous couple’s 20-year marriage. Her legal team was led by Baroness Shackleton of Belgravia.


The judge made a ruling preventing the man, from the Caucasus, and the woman, who was born in Eastern Europe, from being identified.


Her 61-year-old ex-husband, a former oil and gas trader, was unrepresented in court, failing to attend hearings in breach of multiple orders.

Exceeds previous record award

The previous record-breaking divorce award amounted to £330 million which went to  Jamie Cooper-Hohn, ex-wife of financier Sir Chris Hohn.


Also read...

Almost 100 law firms offer free service to Manchester terror attack victims

So far 93 law firms have come forward to offer their services for free to victims of the Manchester terror attack with Manchester Law Society co-ordinating a pro bono advice rota.