Ex-trader: 'I don't have any money'

Oliver Twist

He claims to have enormous debts. And does have an ex-wife.

The Independent reports that the spending power of former City trader, Yan Assoun, 43, was described by a family judge three months ago as 'beyond the wildest dreams' of his estranged wife.

But with his bitter divorce battle now in the Appeal Court, he insisted: “I don’t have any money.”

The boss of an $8m-a-year banking business told a High Court judge: 'Yes I own a $3.3m New York apartment – it doesn’t mean I’m rich'.

Assoun said he has enormous debts and denied he was 'rich', despite admitting the company in which he is majority shareholder turned over $8m last year, and that he lives in a $3.3m Broadway apartment.

Assoun and his wife Anais Assoun, 44, met and married in London while he worked in London for BNP Paribas and Credit Suisse. They raised their children Graysha, now a model, and Kai here before splitting in 2007 and settling in different parts of the US. However, Mrs Assoun, a fashion writer who owns a ranch in Texas, and her ex-husband turned to the English courts to decide how the family wealth should be divided.

To access the complete Independent article, hit the link below:

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image: © Clyde Robinson

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