Billionaire’s ex-wife decides not to contest divorce settlement

Divorce | 19 Dec 2014 2

The estranged wife of billionaire financier Sir Chris Hohn has decided not to contest her recent record-breaking divorce settlement.

Jamie Cooper-Hohn was awarded £337 million last month – one of the largest divorce settlements ever reached in the English courts. Despite its size however, the award represented just 36 per cent of the matrimonial wealth. Sir Chris, to whom she was married for 17 years, successfully argued that he had made a ‘stellar contribution’ to the couple’s fortune and this claim was accepted by the Judge.

In a statement issued yesterday, Mrs Cooper-Hohn announced that she had no plans to appeal the ruling. She will instead concentrate on charity work and raising her four children.

However, she did take the opportunity to criticise the concept of stellar contributions in divorce, saying they place undue emphasis on wealth generation and diminish “the important contributions that those who take on the responsibility to raise children and work in less lucrative sectors make to our society.”

Mrs Cooper-Hohn, from Chicago, met her future husband at a party while both were attending Harvard Business School in the early 1990s.

The blog team at Stowe is a group of writers who share their advice on the wellbeing and emotional aspects of divorce or separation from personal experience. Guest contributors also regularly contribute to share their knowledge.

Share This Post...

Get in touch

    Request Free Call Back

    We remain open for business during the COVID-19 outbreak. Submit your details below, and we’ll arrange a free, no-obligation call back at a time to suit you. To ensure we are the right fit, we need to make you aware that we cannot offer Legal aid.

    Comments(2)

    1. Andrew says:

      She’ll get by.

    Leave a Reply

    Close

    Newsletter Sign Up

    For all the latest news from Stowe Family law
    please sign up for instant access today.



      Privacy Policy