Wife awarded $530m in record UK divorce

2014-11-28 08:33
Jamie Cooper-Hohn. (YouTube)

Jamie Cooper-Hohn. (YouTube)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

London - The estranged wife of a London financier was awarded $530m on Thursday in one of the biggest divorce settlements seen in a British court.

Details of the payment to US-born Jamie Cooper-Hohn, aged 49, emerged after a draft judgement was given to lawyers ahead of a final ruling.

Cooper-Hohn's lawyers were reported to be considering an appeal to get an ever bigger payout.

Cooper-Hohn had separated from hedge fund manager Chris Hohn, aged 48, after being married for 15 years and the two had fought over assets worth over $700m.
Hohn had offered his wife a quarter of the fortune, but she argued that their wealth was the result of a partnership.

The two, who met while studying at Harvard University and have four children, founded charity the Children's Investment Fund Foundation to help the poor in developing countries.

The son of a legal secretary and a car mechanic, Hohn was reported to have given away almost 1bn between 2006 and 2011.

He was knighted this year for services to philanthropy and international development.

"Over the long term I am an unbelievable money-maker", Hohn told the court, but adding that he did not "really care about money" and that it did not bring happiness.

Legal experts said the settlement was one of the biggest made in Britain, but that it was difficult to know whether it was the largest ever because higher payouts may not have been made public.

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Inside News24


5 top leg exercises for men

Here’s our selection of the five best leg exercises that you can do in the comfort of your own home.


You won't want to miss...

WATCH: Pornhub is giving users free access to premium content this holidays
5 top leg exercises for men
10 best dressed men of 2017
How to open a beer bottle without an opener
Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.