15 August 2011
Wife 'not entitled to full share of £24m fortune following divorce'
A judge has ruled that a wife is not entitled to a multi-million pound share of her husband's £24 million fortune after their divorce due to the fact he inherited the sum from his father.
According to the Daily Telegraph, Mr Justice Moylan decided that the "sharing principle" of separation agreements should be "ignored" in the instance of the unnamed couple because this wealth was not "a product of their endeavours".
The High Court heard that the pair's total fortune was between £21 million and £24 million, but all of this was a result of the fact the husband inherited large amounts of land and numerous farms from his father.
With this in mind, Mr Justice Moylan decided that a sum of £4.3 million was fair for the wife.
This comes after it was revealed that Galina Besharova, the ex-wife of Russian oligarch Boris Berezovsky, had been awarded a divorce settlement thought to be worth hundreds of millions of pounds at the High Court.
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Posted by Chris Stevenson