The most expensive divorce in history may soon become the most expensive divorce reduction in history.
Earlier this month, a Swiss appeals court slashed nearly $4 billion from the award that Russian billionaire Dmitry Rybolovlev was ordered to pay his ex-wife, Elena Rybolovleva, in their divorce. The court ruled that the judgment of 4 billion Swiss francs (around $4.4 billion) awarded last year to Rybolovleva should instead be capped at 564 million Swiss francs, or around $600 million.
Rybolovelva's attorneys are appealing. But if it's upheld, the divorce would clearly be the largest award reduction in history. Among the issues in the divorce were trusts that Rybolovlev had set up for his children and heirs. Elena said the trusts should be part of the settlement and were created to improperly shield assets from the divorce.