One Very Expensive Divorce in Russia

Many of the divorces that hit the newswires are from extremely rich people. The complexity of assets from multi-billionaires and the rich lifestyles they lead make these cases very hard to try. One Russian oligarch may be in for the world’s most expensive divorce. The total payout could be more than $7 billion dollars. That billion with a b!


Forbes has a write up on the history of how Vladimir Potanin got his wealth after the fall of the Soviet Union. He is no stranger to great losses. He lost around $17 billion dollars after the financial crisis of 2008, but he has since grown his wealth back to $15.4 billion. Now, under Russian law, his ex-wife is asking for half of that.


Potanin divorced his wife in 2014 after a 30 year marriage and offered $250,000 a month in alimony to support her and their three children. She thought this was insufficient and has filed proceedings to get half of Potanin’s assets. She has sold her stakes in Potanin’s companies to the state to avoid business entanglement. She has also admitted to CNN that the family used to take $10 million dollar vacations.


Just because you’re not a multi-billionaire doesn’t mean your assets don’t deserve equal care in a divorce settlement. If you are considering divorce, protect your assets by speaking with a skilled family law attorney. If you live in Washington, call Elise Buie Family Law Group, PLLC today for a free consultation.

STAY UP TO DATE

Subscribe to our newsletters

 
Subscribe to one or more of our newsletters, delivering meaningful insight on topics that matter to you and your family.

FURTHER READING

Latest Blog Posts

There are various ways to plan for the handling of your remains after death, as we discussed in Part I of “How to Handle Remains in Washington State.” What option you choose will likely turn on some combination of your…

Death is a part of life. Like taxes, there's no avoiding it. Also, like taxes, you may not like thinking or talking about the subject. However, if you think about death and how to handle your remains from a planning…

Every child deserves love, stability, and consistency. Is there a child in your life that you have considered adopting, perhaps because they are the child of your spouse or a child you are fostering? Perhaps there is an adult in…

The thought of losing your home or its contents in a disaster is a scary thought. Loss of life, destruction of irreplaceable items such as home movies, photos, and heirlooms make it unconscionable. But as we know in life, sometimes…

Spoiler alert: If you’re doing everything around the house (or at work) because you’re living (working) with a bunch of incompetent fools, or so they’ve led you to believe they are, you’re being manipulated. So pervasive is this phenomenon, there’s…

If you've created an estate plan, you've already spent a good deal of time thinking about what will happen to you if you become sick, incapacitated, or die, including where you will go (literally) when you die. After all, you don't want your…

If you're 18 or older and live in Washington State, you can legally change your name to anything you want as long as you're not doing so to commit fraud. For example, if your goal is to change your name to evade…

Your estate plan should ensure your special needs child experiences the best quality of life they can, that the assets upon which they will rely will last as long as possible during their lifetime, and that their eligibility for public services will be maximized. Learn more.

Popular culture is using the moniker "America's daughter" to describe Gabby Petito because she could've been any of our daughters. Learn how to talk to your daughter about the signs of domestic abuse.

When a couple decides to divorce, and one spouse is unable to support themselves, spousal support becomes a hot-button issue. Learn how to mitigate conflict and move forward.