LONDON — The High Court ruled that a Russian-born billionaire must pay £453 million in a divorce settlement, according to The Times which covered the private hearing.
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One of the richest people in Britain has been ordered to pay £453 million in a divorce settlement
The amount comes from the court awarding his ex-wife 41.5% of the 'marital assets' worth just over £1 billion.
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Justice Haddon-Cave ruled on Thursday that the anonymous billionaire should give the largest sum of its kind to his ex-wife because she was a "hands-on" mother and that she made an equal contribution to their marriage, which spanned over two decades.
The couple had two children together, who are now grown up, and the court heard how she brought up the two boys without the assistance of a nanny. She also cared for ex-husband's first child from his first marriage.
The amount comes from the court awarding her 41.5% of the "marital assets" worth just over £1 billion.
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housewife and a mother throughout the marriage." She still lives in the former-family home in Surrey.
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