Multibillion-dollar divorce is settled

By Staff | October 21, 2015 | Last updated on October 21, 2015
1 min read

A feuding couple has reached the most expensive divorce settlement in history, reports the Daily Mail.

Billionaire Dmitry Ryboloblev and his ex-wife, Elena, have been contesting the terms of their divorce for eight years. Elena got the equivalent of $5.86 billion after they reached a settlement this week.

Forbes ranks Dmitry as the 165th richest man in the world. He is the chairman and majority shareholder of Uralkai, a Russian fertilizer company, the Daily Mail says. The settlement is about half his wealth.

Your clients may not be as rich, but they’ll still need your guidance in a divorce.

Read:

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4 tips for handling assets in a divorce

Advisor.ca staff

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.