A top hedge fund manager is facing one of the most expensive divorce settlement in British legal history after telling his wife he is gay
A top hedge fund manager is facing one of the most expensive divorce settlement in British legal history after telling his wife he is gay.
Pierre Lagrange, who is said to be worth at least £300m through running the firm GLG Partners, has sold his opulent London home on the road known as “billionaire’s row” in anticipation that half his wealth could be claimed by his wife, Catherine.
A spokesman for GLG confirmed that the couple split last year after the Belgian came out to his family and friends, and he has since started a relationship with Roubi L’Roubi, a Mayfair fashion designer.
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The Chelsea FC owner Roman Abramovich has paid £90m for Mr Lagrange’s 15-bedroom house in Kensington Palace Gardens, where his new neighbours will include the richest man in Britain, Lakshmi Mittal, and the oil magnate Len Blavatnik. But it is entirely possible Mr Lagrange will have to find another £60m to meet the financial demands of his split.
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