A London High Court Judge has ruled that the American wife (pictured abov of a British Tycoon-Christopher Hohn-be given £337m in a divorce payout. This is said to be the biggest divorce settlement so far in British history, which is equivalent to N96 billion.
The judge awarded Jamie Cooper-Hohn $493 million in cash and the rest in the form of a property in Connecticut and adjustments to her share of a pension during a court hearing yesterday, Nov 27.
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A full judgment will be published in December.
However, Ms. Cooper-Hohn was initially seeking half of her ex-husband's (pictured left) assets, which he refused and said she was entitled to just a quarter on the grounds that his talents as an investor constituted a special contribution to their wealth, referring to himself as an "unbelievable moneymaker.”
In awarding Ms. Cooper-Hohn less than half of the couple’s $1.3 billion fortune, the case could set a legal precedent in the U.K, which has developed a wide reputation as a capital for divorce disputes between ultra-rich couples.
Mr. Hohn and Ms. Cooper-Hohn met while studying at Harvard University, and have been married for 17 years with four children.
The couple have been described as UK’s most generous philanthropists and have both said they lead relatively modest lives, given their wealth.
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