Share on Facebook
Share on Twitter
Share on LinkedIn
By Rick Navarrete
Attorney

What factors should high net worth individuals consider a divorce?

When ultra-wealthy couples divorce, it often makes headline news. Mega celebrities like Tiger Woods, Madonna, and President Trump have all been hit with costly divorce settlements. These massive divorce settlements are nothing compared to the top divorce settlements of all time. Our Texas divorce lawyers review some of the costliest divorce settlements in history below.

The Wildensteins

The costliest divorce documented in history is that of Alec and Jocelyn Wildenstein. The Wildenstein’s divorce in 1999, with art dealer Alec being forced to pay his wife Jocelyn a whopping $2.5 billion then $100 million for the following 13 years. In sum, this record setting divorce settlement amounted to $3.8 billion.

Rupert Murdoch and Anna Torv

Another high profile divorce happened around the same time as the Wildenstein’s involving media giant Rupert Murdoch and his journalist wife of 31 years. The couple reached a divorce settlement rumored to be $1.7 billion.

The Wynns

This Las Vegas casino owning couple married and split twice. Steve and Elaine Wynn’s second divorce was confidentially settled, but it was estimated to have been $1 billion.

The Rybolovlevs

In 2014, Elena Rybolovlev sought a divorce from her husband, a Russian businessman due to Dmitry’s alleged infidelity. The court initially awarded Elena $4.5 billion, but on appeal, this award was reduced to $604 million.

Mel Gibson and Robyn Moore

Actor Mel Gibson split from his wife Robyn Moore in 2006. He was forced to pay Moore $425 million, which equated to half of his net worth at the time of the divorce.

The Challenges of a High Stakes Divorce

All divorces present their own unique set of challenges, but for a high net worth couple, there are some special considerations. High net worth couples will be primarily concerned with the division of their marital assets. Most high net worth families will have a wide range of assets and multiple income streams. In a divorce, each spouse will want to ensure the other spouse fully discloses their assets. If there are any children involved, the court will have to rule on child custody and child support as well. A divorce attorney will assist you in fighting for your fair share of the assets, while attempting to make sure the divorce stays as private and out of the public eye as possible.

About the Author
Rick Navarrete, a graduate of Angelo State University and Texas Tech University School of Law, has been serving the Permian Basin for over 24 years, with his practice extending across Texas. Specializing in criminal defense and family law, Rick has tried hundreds of cases before juries and judges, including high-profile matters. His extensive experience has honed a deep understanding of the law, enabling him to effectively prosecute, defend, and protect his clients’ interests. Rick has built a firm culture that prioritizes exceptional client service and personalized attention. Known for his zealous courtroom advocacy, he is equally dedicated to educating his clients throughout the litigation process. This commitment has earned him a reputation as one of the area’s most sought-after trial attorneys. Rick is an active member of the Texas Criminal Defense Lawyers Association, the Texas Family Law Section, and the Administration of Rules of Evidence Committee for the State Bar of Texas. He has also served as President of the Midland County Young Lawyers Association and on the Bar Leadership Committee of the State Bar of Texas. Among his many accolades, Rick has been recognized as a Texas Super Lawyer and included in the Best Lawyers in America.