A former supermodel has stunned the world after she pursued and was awarded £75million as divorce settlement from her Saudi billionaire ex-husband, making hers one of the highest-stakes divorce battles in Britain.
Christina Estrada, pictured above wanted £196million from businessman Sheikh Walid Juffali to meet her ‘reasonable needs’ – which included two luxury houses, a huge clothes budget and five cars.
The 54 year old model claimed her ‘needs’ included £1million for clothes, £40,000 for fur coats,
£109,000 for haute couture dresses and £21,000 for shoes every year.
She also said she needed enough money from her ex-husband to afford:
a luxury home in London worth about £60million,
a £4.4 million house in the country at Henley,
as well as £495,000 for five cars – three in London and two in the US.
The 54-year-old model rejected an offer which, added to her own assets, would have given her some £37million to live on.
She was today awarded a £53million cash settlement at London’s High Court – with lawyers saying the payout is worth £75million when assets she has already been given are taken into account.
The awards means Ms Estrada, who already has a home in Beverly Hills, will get £2.5million to spend each year as well as £18million to buy a lavish property in London.
The cash payout works out at more than £4.4million for every year of her 12-year marriage to 61-year-old Dr Juffali.
Her lawyers said today that the award she received today is ‘by more than £50million the largest needs award ever made by an English court’.
After the judge’s ruling, Ms Estrada said:
‘I am very grateful for today’s ruling. I have lived in the United Kingdom since 1988 and am thankful for access to the British courts.’ She added of the case:
‘I never wanted to be here. I always wanted to resolve the matter amicably. This process has been incredibly bruising and distressing.
‘Walid and I were happily married for 12 years and have a beautiful daughter together. He took both a second wife and divorced me without my knowledge.’
Of criticism of her huge demands, she added:
‘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. For her sake and the sake of our wider family, I hope we can now resolve matters sensibly.’ High Court Family Division judge Mrs Justice Roberts ordered Dr Juffali to pay Ms Estrada the lump sum by 4pm on Friday July 29.
The judge also ruled that Ms Estrada was the ‘legal and beneficial’ owner of a blue diamond ring, bought by Dr Juffali for $4million (£3million), which he disputed giving to her.