Showing posts with label Elena Rybolovelva. Show all posts
Showing posts with label Elena Rybolovelva. Show all posts

Wednesday, May 21, 2014

Elena Rybolovelva, ex-wife of Russian billionaire Dmitry Rybolovlev, awarded $4.8B in divorce ruling

The unprecedented judgment made in a Swiss court will also be used as leverage by Elena Rybolovelva's attorneys to take the fertilizer magnate's $88 million Central Park West apartment.

Elena Rybolovleva was married to one of the world's richest men and now she has received the world's largest divorce award of $4.8 billion. She just snared the largest divorce award in history — a whopping $4.8 billion — and now a scorned Russian divorcée is eying one of the priciest pads ever sold in New York.
Elena Rybolovleva, 47, plans to use the divorce ruling by the Swiss court to grab a hold of her now-ex-husband Dmitry Rybolovlev’s spectacular $88 million Central Park West apartment, one of her lawyers told the Daily News.
“We should be able to liquidate it” to help satisfy the judgment, David Newman said.
The megabucks judgment from the Geneva court calls for Rybolovlev to pay his ex $4,509,375,184.80 — more than half his estimated $8.8 billion fortune. That comes to about $184 million for each one of their 26 years of marriage.
The Russian — nicknamed “the fertilizer king” for how he made his fortune — also has to give her $146 million in property in Gstaad, Switzerland, and fork over alimony payments that will total $150 million, bringing her total haul to $4.8 billion.
Dmitry Rybolovlev's net worth is estimated at $8.8 billion, and more than half will go to his ex-wife. VALERY HACHE/AFP/Getty Images Dmitry Rybolovlev's net worth is estimated at $8.8 billion, and more than half will go to his ex-wife.
She was awarded custody of their 13-year-old daughter Anna, and he has to pay a $7.5 million lump sum and $150,000-a-month in child support.
Rybolovlev got served with the record-shattering judgment on Monday, more than five years after his fed-up wife served him with divorce papers.
“He was not very subtle with his infidelities,” Newman said.
She sought to freeze his bank accounts, and Rybolovlev went on a wild spending spree — apparently aimed at keeping his money out of her hands. He bought a share of French soccer league team AS Monaco, spent $156 million for two Greek islands that used to belong to Aristotle Onassis, shelled out $95 million for Donald Trump’s 33,000-square-foot Palm Beach estate and blew $20 million on a Hawaiian estate once owned by actor Will Smith.
Photo by Richard Drew/AP
Photo by Dennett/Bott/Splash News
Photo by Donny/Simon/Flynetpictures
He also spent a then-record $88 million for his New York apartment — a 10-bedroom penthouse at 15 Central Park West.
Rybolovlev claimed the property wasn’t for him — he’d bought it as “student housing” for their daughter Ekaterina, now 24. His spurned spouse’s suit said the fertilizer magnate was full of it, because Ekaterina was going to school in Boston. Rybolovleva, who now lives in Switzerland, started court proceedings in New York, Florida and Hawaii to bar her hubby from transferring the properties while their divorce was pending.
“We want to be able to show he really owns these properties,” which were purchased through various trusts, said Newman, of Day Pitney.
Rybolovlev’s lawyer, Tetiana Bersheda, told The Associated Press, “there will definitely be a new appellate review and therefore this judgment is not final.”

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