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Russian Billionaire Farkhad Akhmedov Ordered to Pay ex-Wife £453 Million in British Court Ruling

Russian Billionaire Farkhad Akhmedov Ordered to Pay ex-Wife £453 million in British Court Ruling

Russian billionaire, gas and oil tycoon Farkhad Akhmedov has been ordered by the British court to pay his ex-wife, Tatiana £453million.  Queen Counsselor, Hodge Malek in the appeal for Tatiana, claims she had received only a fraction of the assets.  In the British Court of Appeal, billionaire Farkhad’s lawyer was forced to disclose full details of his fortune, with the court ordering his lawyer to reveal communications (that includes discussion on his personal assets) between Farkha and his lawyer.

” Russian Billionaire Farkhad Akhmedov to Pay ex-Wife “

In the latest ruling, Tatiana had been awarded almost £453million, including £2.5 million of content from the couple’s former home, a £350,000 Aston Martin, £90 million art collection and a Panamanian company that will pay £350 million. The award to Mrs Akhmedova represents almost 41.5% of the family wealth.

Tatiana had met Farkhad when she was 17 and married when she was 21, and moved to England shortly after.  They divorced after 20 years of marriage with 2 children.  In 2012, Farkhad sold shares in ZAO Northgas for an estimated $1.3 billion.  He had started out selling sable furs.  In 2014, Farkhad had bought a £300 million super-yacht from Russian billionaire and Chelsea football club owner Roman Abramovich.

Farkhad views that the British courts should never have intervened in their divorce, where the marriage had taken place in Russia and between 2 Russian citizens.  Prior to the case, he had provided generous provision to his ex-wife, Tatiana when their marriage was dissolved in Russia.

Sources: Daily Mail, The Sun, Metro

 

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