Monaco Owner to Lose Billions in Divorce Settlement

Monaco Owner to Lose Billions in Divorce Settlement

Tuesday, May 20, 2014 6:07 pm

Dmitry Rybolovlev, one of the owners of French Ligue 1 club AS Monaco, has been ordered by a Swiss court to part with half of his wealth as part of settlement in the long-running divorce of his wife.

Dmitry Rybolovlev [via Wikipedia]

Russian mining tycoon Rybolovlev, who led a consortium to take over Monaco while the club was in Ligue 2, is to part with about £2.6b along with a number of estate including a property worth £86m.

The divorce, for which proceedings began in 2008, is reportedly going to have the largest settlement in history.

Tiger Woods had parted with about $700m when he divorced his wife Elin Nordegren in 2010 while Chelsea owner Roman Abramovich lost $300m in his divorce with Irina Abramovich.

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