July 8, 2016

Top News Stories –

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. 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

[BBC]

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