Connect with us

News

15 Most Expensive Divorces Worldwide

Published

on

By Kayode Sanni-Arewa

The recent news of South Korean billionaire Chey Tae-won’s divorce settlement, totaling $1 billion, has caused a stir online.

Chey, chairman of the SK Group conglomerate, has been ordered to pay his ex-wife a divorce settlement of 1.38 trillion won (approximately $1bn), marking the largest divorce settlement in South Korean history.

Nigerians reacted in shock, with many commenting that marriage now appears to be a business arrangement rather than a romantic commitment.

Advertisement

However this is far from the largest divorce settlement in history.

Here are the most expensive divorce cases as highlighted by The PUNCH:

Jeff Bezos and Mackenzie Scott
In 2019, Amazon founder Jeff Bezos, the world’s wealthiest individual with a net worth of $197 billion, ended his 26-year marriage to MacKenzie Scott, finalising their divorce with a settlement of $38 billion

*Bill Gates and Melinda Gates*

Advertisement

The divorce settlement between Bill Gates and Melinda French Gates remained private, with no public disclosure of financial details. While the couple’s combined net worth was estimated at $130 billion, it is reported that Melinda French Gates received over $6 billion in stock shares, but the exact asset division remains undisclosed.

Alec and Jocelyn Wildenstein
In 1999, French-American businessman and art dealer Alec Wildenstein ended his 21-year marriage to Jocelyn Wildenstein, resulting in a divorce settlement worth $3.8 billion, with Jocelyn receiving an initial $2.5 billion and an additional $100 million annually for 13 years.

*Rupert Murdoch and Anna Torv Mann*

Rupert Murdoch and Anna Torv Mann, married for over three decades and parents of three, separated in 1999. Their divorce settlement was valued between $1.2 and $1.7 billion, equivalent to approximately $40-56 million per year of marriage.

Advertisement

*Bernie Ecclestone and Slavica Radic*

Bernie Ecclestone, former chief executive of Formula One group, ended his 25-year marriage to model Slavica Radic in 2009, with a reported divorce settlement of $1.2 billion.

*Steve and Elaine Wynn*

Steve and Elaine Wynn, Las Vegas casino moguls, had two marriages spanning 1963-1986 and 1991-2010. Their second divorce in 2010 resulted in a settlement worth $1 billion to Elaine, including $741 million in Wynn Resorts stock, the company they co-founded.

Advertisement

*Harold Hamm and Sue Ann Arnall*

In 2014, oil tycoon Harold Hamm finalised his divorce from Sue Ann Arnall, paying her $974.8 million in a single settlement payment.

*Adnan and Soraya Khashoggi*

According to Forbes, the late Saudi billionaire Adnan Khashoggi paid his ex-wife Soraya Khashoggi a divorce settlement of $874 million in 1982, equivalent to $42 million per year of their 21-year marriage, in an out-of-court agreement.

Advertisement

*Sheikh Mohammed bin Rashid al-Maktoum Princess Haya bint al-Hussein*

In December 2021, the Dubai ruler was court-ordered to pay a $728 million to his ex-wife, Princess Haya, ending a prolonged divorce battle marked by allegations of infidelity and threats. The settlement will cover Princess Haya’s lifelong security expenses and ongoing costs for their two children, Al Jalila and Sheikh Zayed, according to CNN.

*Tiger Woods and Elin Nordegren*

Tiger Woods and Elim Nordegren finalised their divorce in August 2010, after five years of marriage, with Elin receiving a reported $100 million settlement, equivalent to $20 million per year of marriage.

Advertisement

*Stephen Spielberg and Amy Irving*

Film director Steven Spielberg’s 1989 divorce from Amy Irving, his wife of four years, resulted in a settlement worth $100 million, equivalent to half his wealth at the time, or $25 million per year of marriage.

*Paul McCartney and Heather Mills*

Paul McCartney’s ex-wife, Heather Mills, received a divorce settlement of $50 million, translating to $12.5 million per year for their four-year marriage.

Advertisement

*Harrison Ford and Melissa Mathison*

The Indiana Jones actor Harrison Ford’s 1994 divorce from Melissa Mathison, his wife of 18 years and mother of two of his children, resulted in a settlement of $90 million, equivalent to $5 million per year of marriage.

*Michael Douglas and Diandra Douglas*

Two-time Academy Award winner Michael Douglas’s 23-year marriage to Diandra Douglas ended in a divorce settlement of $45 million, which translates to approximately $2 million per year of their marriage.

Advertisement

*Madonna and Guy Ritchie*

Madonna’s divorce from film director Guy Ritchie in 2008 reportedly resulted in a settlement of $76 – $92 million, paid to the British film director and her ex-husband of eight years. The specifics of their agreement remain private, so the exact reasons for the payment amount aren’t publicly disclosed.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

IBB’s Book: “I thank God the Igbo coup wrong impression has been buried -Senator Kalu(Video)

Published

on

…says his second edition should reflect more realities by mentioning names

By Emmanuel Agaji

The Senator representing Abia North Senatorial District, Senator Orji Uzor Kalu has said he is grateful to God that former President Ibrahim Babangida’s book has corrected the wrong impression of an Igbo coup in 1966.

Naijablitznews reports Senator Kalu made this assertion while addressing the press before entering the Senate Chamber on Tuesday morning.

Advertisement

He explained that:” I am happy that the wrong impression created that the 1966 coup an Igbo coup has been corrected that it was a Nigerian coup gladdens my heart.

“Though we the Igbos were made to bear the brunt but thank God the impression has been erased finally.

The former Senate Chief Whip however appealed to his master (IBB) to quickly come out with a second edition as this first edition did not capture some realities.

“In the second edition he should vividly mention names like Professor Humphrey Nwosu and other people who played prominent roles on June 12 issue.

Advertisement

“You know IBB is my master, I will soon go and visit him and formally inform him.

Watch video below:

Continue Reading

News

2031: Ribadu replies El-Rufai, says he’s focused on helping Tinubu’s govt succeed

Published

on

By Kayode Sanni-Arewa

Mr Nuhu Ribadu has countered former governor of Kaduna state, Mr Nasr El-Rufai over his unsavoury comments declaring that he would help his principal, Bola Tinubu succeed.

He said in a statement that he has not discussed contesting in 2031 with anyone.

PREMIUM TIMES reported that Mr El-Rufai on Monday accused Mr Ribadu of being behind his ordeal with anti-graft agencies. He alleged that Mr Ribadu was doing so because he is interested in succeeding President Bola Tinubu in 2031.

Advertisement

In his response, Mr Ribadu said in a statement that he has not discussed contesting in 2031 with anyone.

“For the avoidance of doubt, I want to put it on record that I have never discussed running for president in 2031 with anybody. All my focus and energy are geared completely towards the advancement of Nigeria and the success of the President Tinubu administration,” he said.

Messrs Ribadu and El-Rufai were friends and allies during the Obasanjo administration and that of the late Umar Yar’Adua. However, both men have become political adversaries although they are both members of the ruling party, APC.

In his statement, Mr Ribadu alluded to their history.

Advertisement

“If my silence wouldn’t risk being construed as consent, I would have ignored him. I am too preoccupied with my current assignment as to get into a media fight with Nasir El-Rufai or anyone else.

“Despite the incessant baiting and attacks I have never spoken ill of Nasir on record anywhere. This is out of respect for our past association and our respective families. I will not start today.”

Read the full statement below

I WON’T JOIN ISSUES WITH NASIR EL-RUFAI

Advertisement

My attention has been drawn to the interview granted by Mallam Nasir El-Rufai, the immediate past governor of Kaduna State Monday evening.

If my silence wouldn’t risk being construed as consent, I would have ignored him. I am too preoccupied with my current assignment as to get into a media fight with Nasir El-Rufai or anyone else.

Despite the incessant baiting and attacks I have never spoken ill of Nasir on record anywhere. This is out of respect for our past association and our respective families. I will not start today.

I however urge the public to disregard El-rufai’s statements against me.

Advertisement

For the avoidance of doubt, I want to put it on record that I have never discussed running for president in 2031 with anybody. All my focus and energy are geared completely towards the advancement of Nigeria and the success of the President Tinubu administration.

I therefore ask Nasir El-Rufai to allow me face my onerous national assignment just as I do not bother myself with his own affairs.

Continue Reading

News

Angry Sowore slams security operatives at Abuja court gate who tried to block him

Published

on

By Kayode Sanni-Arewa

Angry Omoyele Sowore, The Publisher of Sahara Reporters and former presidential candidate of the African Action Congress (AAC), Omoyele Sowore, on Monday clashed with security operatives who wanted to stop him from entering the Federal High Court in Abuja.

The security cordon of the court gate by operatives drawn from Nigeria Police Force and the Nigeria Security and Civil Defence Corps (NSCDC), was emplaced because of the trial of the former Kogi State governor Yahaya Bello.

Bello is charged with money laundering and misappropriation of public funds.

Advertisement

In a video posted on his X account on Monday, Sowore, singlehanded, dared the security operatives, questioning their authority to prevent his entry.

“Why are you shouting at me? Do I look like Yahaya Bello?” he asked.

“I have business in court. I don’t need to be cleared by either the police or EFCC because none of you is an officer of the court.

“This is a Federal High Court; bring court officials, and I will talk to them. EFCC brought me to court, and they are still harassing us.”

Advertisement

“You have no right to stand in front of the high court. You are not my lawyer and have no right to know my case,” he stated in response to a request by one of the security operatives to know the particulars of his case.

Overwhelmed by Sowore’s readiness to make big trouble and possibly expose the errors by the security operatives, one of the senior officers eventually directed that Sowore be allowed to enter.

Condemning the incident, Sowore wrote, “The justice system in Nigeria has been hijacked by uniformed, uncouth security agents ranging from @OfficialDSSNG, @PoliceNG, and @CivilDefenceNGR. Today, they mounted illegally in front of the court, harassing everybody because of a thief, Yahaya Bello @officialgybkogi. The same Yahaya Bello they couldn’t apprehend for months; even lawyers were harassed, and the @NigBarAssoc should stop this nonsense.”

In January 2025, Sowore was arrested and charged with 17 counts under the Cybercrime Act for referring to Inspector-General of Police (IGP) Kayode Egbetokun as an “illegal IGP” on his social media platforms.

Advertisement

In the charges, it was alleged that Sowore’s statements were intended to cause a breakdown of law and order.

Sowore’s arrest sparked criticisms from various human rights organizations, which viewed the charges as an attempt to suppress voice of dissent and freedom of expression.

Continue Reading

Trending

Copyright © 2024 Naija Blitz News