top cx logo
cx logo
Explorearrow down
search icon
Explore
arrow down

AS Monaco boss in €3.3bn divorce

Court in Switzerland orders Russian oligarch to hand over half his fortune to ex-wife after six-year settlement row

A SWISS court has ordered Dmitry Rybolovlev, the billionaire owner of French Ligue 1 football club AS Monaco, to pay almost €3.3bn to his ex-wife.

Elena Rybolovlev's lawyer described the settlement as "the most expensive divorce in history". It is reported to be half the Russian oligarch’s fortune.

Mr Rybolovlev can appeal against the court's decision.

The couple met when they were students, and married 23 years ago in Cyprus.

But the relationship was effectively over since 2008. In a ruling made last week, but only released yesterday, the court in Geneva, where Ms Rybolovlev lives, also awarded her custody of their younger daughter, Anna, who is 13.

According to Forbes, Mr Rybolovlev is the world’s 147th richest man, with a personal fortune of €7.1bn. He made his fortune in potash, selling a controlling stake in fertiliser firm Uralkali for a reported $6.5bn after spending 11 months in prison awaiting trial on charges of ordering a contract killing. He was acquitted in 1997.

The settlement dwarfs previous divorces. Viacom and CBS boss Summer Redstone was ordered to pay his wife €1.5bn when they split after 55 years of marriage. Basketball star Michael Jordan paid out $150m to his ex-wife Juanita Vanoy, and Tiger Woods split from Elin Nordegren cost him $100m.

Photo: Wikipedia

Resident or second-home owner in France?
Benefit from our daily digest of headlines and how-to's to help you make the most of life in France
By joining the newsletter, you agree to our Terms & Conditions and Privacy Policy
See more popular articles
The Connexion Help Guides
featured helpguide
Healthcare in France*
Featured Help Guide
- Understand the French healthcare system, how you access it and how you are reimbursed - Useful if you are new to the French healthcare system or want a more in-depth understanding - Reader question and answer section Aimed at non-French nationals living here, the guide gives an overview of what you are (and are not) covered for. There is also information for second-home owners and regular visitors.
Get news, views and information from France
You have 2 free subscriber articles left
Subscribe now to read unlimited articles and exclusive content
Already a subscriber? Log in now