The Princess, The Sheikh And The £550m Divorce Settlement

- Advertisement -

BBC News:–  It’s described as the biggest divorce case in British legal history – a settlement of more than £500m involving the billionaire ruler of Dubai and his estranged wife.

The UK’s High Court on Tuesday awarded a lump sum settlement of £251.5m to Princess Haya Bint Al-Hussain – the 47-year-old daughter of Jordan’s former King Hussein.

She is the youngest of six wives of Sheikh Mohammed Bin Rashid Al-Maktoum – the multi-billionaire ruler of Dubai, prime minister of the UAE and influential horse-racing owner.

The judgment provides Princess Haya with sums to cover the cost of running two multi-million pound properties – one next to London’s Kensington Palace, as well as her main residence in Egham, Surrey.

- Advertisement -

There is also provision for a substantial “security budget” as well as holidays, salaries and accommodation for both a nurse and a nanny, armoured vehicles for the family, and the cost of maintaining various ponies and pets.

It has also awarded secured payments of £5.6m-a-year to each of her two children, a 14-year-old daughter and a nine-year old son. These are to be secured with a £290m guarantee.

(Read more at:- https://www.bbc.com/news/world-middle-east-59739563)

- Advertisement -
Editorial Staff
Editorial Staff
Our Editorial Staff at St. Lucia Times is a team publishing news and other articles to over 200,000 regular monthly readers in Saint Lucia and in over 150 other countries worldwide.

6 COMMENTS

  1. Sheikh Mohammed Bin Rashid Al-Maktoum didn’t know we have a Dr. In SLu who could of arrange a better deal for him for a small fee……

Comments are closed.

TRENDING

Subscribe to our St. Lucia Times Newsletter

Get our headlines emailed to you every day.

spot_img
Send this to a friend