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British-Jamaican billionaire ordered to hand over £337 million in divorce case

British-Jamaican billionaire Sir Chris Hohn has been ordered to hand over a substantial portion of his fortune to his estranged wife in what is one of England’s biggest ever divorce settlements.

According to The Telegraph, a High Court judge has told a financier to hand £337million – about a third of his fortune – to his estranged American wife.

Sir Chris Hohn, 48, and 49-year-old Jamie Cooper-Hohn had fought over who should get what in one of the biggest divorce fights seen in an English court.

He said she should get a quarter of his wealth, but she had argued she should get half because the wealth was created as a result of their “partnership”.

Last month, Mrs Justice Roberts, who had analysed evidence at a hearing in the Family Division of the High Court in London, said she had awarded Mrs Cooper-Hohn £337 million.

Her calculations on the exact size of the fortune, and the exact percentage Mrs Cooper-Hohn would get, emerged when she delivered a detailed ruling on Friday (December 12).

The judge concluded that Sir Chris had assets worth about £1 billion, saying he had been the “generating force” behind the creation of the fortune. She said he was a “financial genius”.

The award is thought to be the biggest of its kind made by a judge in England. Legal experts said it is “certainly” one of the biggest payouts to be pocketed by an estranged wife.

Hohn is the son of a Jamaican father and English mother.

Source: The Telegraph

Billionaire to pay millions to wife
Jamie Cooper-Hohn and her estranged husband, financier Sir Chris Hohn Photo: Bloomberg

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[…] British-Jamaican billionaire ordered to hand over £337 … – British-Jamaican billionaire Sir Chris Hohn has been ordered to hand over a substantial portion of his fortune to his estranged wife in what is one of England’s …… […]