American Wife to Get $530million in Britain's biggest Divorce payout

A judge in a London High Court ruled that the American wife of a British Tycoon be given $530 million in a divorce payout. This is considered to be the biggest divorce settlement so far in British history.

The estranged wife of finance tycoon Christopher Hohn will receive an equivalent of  $530 million (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.

 

A full judgment will be published in December, but the figures were cited during a court hearing yesterday November 27.