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A woman has been awarded $180million and a slice of her ex-husband’s substantial property portfolio after a bitter three-year divorce battle.
The couple, who cannot be named for legal reasons, had been married for more than two decades before splitting a few years ago.
The Family Court heard the husband had given his then wife a ‘life of luxury’ but that they had been ‘living apart together’ since the 1990’s.
Their relationship began to unravel in 2007 when the husband had an extra-marital affair at one of their overseas properties.
Justice Peter Campton ruled the pair should split their vast fortunes, which the husband had been growing since before they met.
A woman has been awarded $180million and a slice of her ex-husband’s substantial property portfolio after a bitter three-year divorce battle (stock image)
Justice Campton ordered the husband to pay his ex-wife four instalments of $40million by March 22 and July 26 both this year and next.
He must also pay her 50 per cent of the couples’ property portfolio ($21.8million), by March 22, 2026, bringing her total payout to about $181million.
She will also be given ownership of three apartments, one of which being her primary overseas residence and worth over $10million, according to the Daily Telegraph.
Justice Campton found that the wife had been ‘financially dependent upon the husband’ after quitting her job soon into their relationship.
Her husband’s wealth had helped her live a luxurious life of ‘happy idleness’ while spending most days of the week with friends and ‘enjoying first class international travel’.
‘She has reached retirement age with huge wealth already because of the provision the Husband has made for her, and can live out the rest of her days in the extraordinary luxury that she has long enjoyed, with ownership of multiple properties that she can leave by will,’ Justice Campton’s judgement reads.
The husband, who had built much of his riches before they met in 1999, was ordered to pay for his ex-wife’s luxurious life that she had become accustomed to (stock image)
The wife was grilled during cross-examination after telling the court that she didn’t want to visit their overseas property because of her ex-partner’s infidelity there.
When put to the husband however, he admitted to the affair at the property but denied it was the reason she didn’t visit the home.
Texts between the pair and submitted to court reveal the bitter fallout between the couple.
‘You f***ed her when you were both at (the home) as the last thing you wanted to do was spend a weekend with your wife,’ the woman wrote.
‘I won’t go into it, I’m far too disgusted, but I will say how appalling it is that you used our marital home to carry on your perverted affair.’
He told the court ‘I won’t deny it’, he added that ‘she had extramarital relations too’ explaining it wasn’t part of his evidence because he ‘didn’t want to go down that path’.
‘I didn’t think it was relevant,’ he told the court. ‘Look, I’ve got a bad character.’
