(ORDO NEWS) — This process could become one of the most expensive divisions of property along with the divorces of Bill Gates and Jeff Bezos. We studied what other billionaires parted with significant assets during a divorce. Some of them paid so dearly that they even dropped out of the Forbes list.
Jeff and Mackenzie Bezos
How much the billionaire paid his ex-wife – at least $ 35 billion
The couple met while working at the DE Shaw hedge fund in New York. After moving to Seattle, Mackenzie helped Jeff build Amazon. On April 4, they announced the terms of the divorce, which is likely to be finalized in the summer: she will receive about 4% of Amazon’s free float, now worth more than $ 35 billion. Jeff will keep the aerospace company Blue Origin and The Washington Post. After the divorce, Mackenzie is likely to become the third richest woman in the world.
Bill and Sue Gross
How much the billionaire paid his ex-wife – $ 1.3 billion
The Grosses’ scandalous divorce created a new billionaire and hurt another. In 2016, Sue Gross, wife of the founder of Pimco management company, filed for divorce and a year later became the owner of a fortune of $1.3 billion. Her trophies included a house in Laguna Beach worth $36 million and Picasso’s Rest (1932), which she later sold for $35 million. Bill initially tried to keep one of his three pet cats, but Sue took them all. In 2018, Bill lost his place in the ranking of the richest Americans (Forbes 400), which included 14 years in a row. Both now run their own charities.
Harold Hamm and Sue Ann Arnall
How much the billionaire paid his ex-wife – $ 975 million
Harold Hamm and Sue Ann Arnall have been married for 26 years. The spouses did not sign a marriage contract. In 2015, after three years of legal battles, the oil tycoon tried to finally end his marriage by writing a check for $974,790,317.77 to Sue Ann from his Morgan Stanley account. She accepted the check, but then changed her mind, deciding she wanted more and filed an appeal. Now she was demanding a larger share of Hamm’s fortune, which came from a $13.7 billion 75% stake in Continental Resources. In April 2015, the Oklahoma Supreme Court ended the saga by granting Harold’s motion to dismiss the appeal. The court considered that by signing and accepting the check, Sue Ann agreed to the terms of the settlement agreement. Subsequently, Sue Ann funded a political movement that secured the removal of a divorce judge.
Steve and Elaine Wynn
How much the billionaire paid his ex-wife – $ 850 million
The co-founders of the giant casino resort Wynn Resorts divorced (for the second time) in 2010. Under the terms of the settlement, Elaine, a board member of Wynn Resorts since 2002, received 11 million shares, which were then valued at $795 million. Steve also sold about $114 million in shares that year – some, if not all, went to Elaine within the deal. In 2012, she filed a lawsuit against Wynn Resorts in an attempt to sell part of her 9% stake, and lost her board seat three years later in a proxy voting scandal.
Steve stepped down as CEO and chairman of Wynn Resorts in February 2018 following allegations of sexual harassment, which he denied. After that, he sold all his shares. Elaine, now worth $2 billion, is the company’s largest shareholder.
Roy and Patricia Disney
How much the billionaire paid his ex-wife – $ 600 million
Roy and his wife filed for divorce after 52 years of marriage in 2007. Then they were 77 and 72 years old respectively. Walt Disney’s nephew Roy’s fortune at that time was about $1.3 billion. Until then, he was a regular member of the Forbes 400. But due to a divorce, he lost almost half of his wealth and left the list. In 2008, he married screenwriter and producer Leslie DeMeuse. A year later he died. Patricia passed away in 2012. The fund named after them, with assets of $122 million (as of 2016), supports environmental and economic projects.
Contact us: [email protected]