Wednesday, July 30, 2014

Biggest Divorce Case in London

From Bloomberg:

When Jamie Cooper-Hohn, the wife of the billionaire founder of The Children’s Investment Fund Management UK LLP, met Christopher Hohn at a dinner party while they were at Harvard University in the early 1990s, she asked what he wanted to do with his life.

“He said he wanted to make a lot of money,” she testified in their divorce case in London earlier this month. “I told him I wouldn’t date him if all he wanted to do was make money.”

Hohn convinced her that he wanted to “make the world a better place,” and the couple spent the following two decades building one of the world’s largest charitable foundations, fueled by his hedge fund. Now they’re fighting over how to divide $1.3 billion in marital assets.

Read more here.

MR

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