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.
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)