Christina Estrada: Former supermodel wins £53m divorce settlement
A former
supermodel has been awarded a £53m ($69m) lump sum after a divorce battle with
her billionaire ex-husband.
Berkshire-based
Christina Estrada, 54, had wanted £196m from Saudi businessman Sheikh Walid
Juffali, 61, to meet her "needs" - including £1m a year on clothes -
the High Court was told.
The total
settlement, which takes into account her own assets, is about £75m.
Her lawyers said
this makes it "by more than £50m, the largest needs award ever made by an
English court".
Ms Estrada, who
is is currently living at the matrimonial home bordering Windsor Great Park,
had rejected an offer that, when added to her own assets, would have given her
£37m to live on.
'Distressing'
case
The US citizen
was married to Mr Juffali for 13 years and has been based in the UK since 1988.
She said:
"Having grown up in a middle-class family and having enjoyed a successful
career until my marriage, I am fully aware that the spectacular life Walid and
I led was immensely fortunate and rarefied.
"And I
fully understand how this can be perceived in the wider world.
"My focus
now is to support my daughter and move forward with our lives."
She added that
the process had been "bruising and distressing", explaining that her
ex-husband had taken a second wife and divorced her without her knowledge, and
had used diplomatic immunity to try to stop her accessing a legally binding
settlement.
The former
Pirelli calendar model argued in the London court that she was entitled to a
settlement that would allow her to maintain her lifestyle.
Ms Estrada was
cross-examined in court on her needs, which she said included:
- £40,000 a year for fur coats
- £109,000 a year for haute couture dresses
- £21,000 a year on shoes
- £60m to afford a luxury London home
- A £4.4m countryside home in Henley-on-Thames
- £495,000 for five cars - three in London and two in
the US
She told family
judge Mrs Justice Roberts: "I was a top international model. I have lived
this life. This is what I am accustomed to."
'Extraordinary
demands'
Her lawyers
estimated her ex-husband is worth £8bn.
But Mr Juffali,
who has been married three times, said in a written statement that was a
"fantasy" figure, putting his current net worth at £113.8m.
He could not
attend court because he is terminally ill with cancer and undergoing treatment.
He said in the
statement that he had left the vast majority of his wealth to his three eldest
children, including his teenage daughter with Ms Estrada.
The sheikh
divorced Ms Estrada in Saudi Arabia in 2014 under Islamic law, without her
knowledge. He had married a 25-year-old Lebanese model in 2012 while still
married to Ms Estrada.
Mr Juffali's
solicitors Mishcon de Reya issued a statement after the hearing, stating that
he had "shown himself to be a fair man who has been prepared to offer his
ex-wife a more than comfortable lifestyle for the rest of her life, which he
believes she deserves".
"The sole
purpose of this case was to evaluate an appropriate financial settlement based
on Ms Estrada's needs, as opposed to the extraordinary demands presented by her
at the start of this case," they added.
Mrs Justice
Roberts said in her ruling that Ms Estrada had described her lifestyle during
the course of the marriage as "magical".
She added:
"That may well be an apt description. The issue is the extent to which she
should be entitled to continue with the bubble of a 'magical existence' for the
foreseeable future. I am concerned with ensuring that adequate provision is
made to meet her reasonable needs."
Mr Juffali has
been ordered to pay Ms Estrada her lump sum by 29 July.
Though Ms
Estrada's lawyers said she received the largest "needs award" ever
made by an English court, larger total payouts have been made in the past.
In 2014, acourt said Jamie Cooper-Hohn should receive £337m in her divorce from
London financier Sir Chris Hohn.
Three years
earlier, the late Russian oligarch Boris Berezovsky's former wife Galina
Besharova reportedly agreed to accept between £165m and £220m as part of a
settlement.
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