Hedge fund manager's ex-wife to get record divorce settlement

Money On Hook

$530m.

Jamie Cooper-Hohn, the ex-wife of Children’s Investment Fund Management UK founder Chris Hohn, is to receive $530m of the couple’s marital assets, her lawyer said in a London court yesterday.

Bloomberg News reports that the award is less than the 50% share of the $1.3bn in assets that Cooper-Hohn had been seeking.

Chris Hohn had requested as much as 75% of the estate, arguing that he had made a “special contribution” to the family’s wealth. Judge Jennifer Roberts, who said she would release her ruling next month, didn’t explain the reasons for the amounts.

Cooper-Hohn’s share of the estate includes a share of a pension, a house in Connecticut and about $493m in cash, her lawyer, Martin Pointer said in court, quoting from the decision distributed to the parties.

Roberts has said the case is the largest to reach London - which has been called the “divorce capital” of Europe because of large awards to non-working spouses.

To access the complete Bloomberg News article hit the link below:

Hohn’s Ex-Wife Gets Record $530 Million in Divorce Case

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