Many people in Macomb County and the rest of Michigan probably cannot help being aware of the much-publicized high asset divorce involving hedge fund billionaire Ken Griffin and his now-estranged wife Anne Dias Griffin. The divorce is an example of the various issues that can arise between separating couples, especially when billions of dollars are at stake. The latest development in the hedge fund billionaire's divorce is unfolding just across the border from Michigan in Chicago.
According to news reports, Anne Dias recently pointed out that Griffin's monthly income, after tax deductions, is $65 million, so she has requested monthly child support of $1 million. The details of Ken Griffin's income were a part of court documentation filed for the next hearing, where the judge is supposed to hear comments about the couple's prenuptial agreement which gave Dias-Griffin $50 million immediately, with the possibility of more after the divorce.
The prenuptial agreement, however, did not mention child support.. Dias justified her child support claim by saying that the figure is based on historical spending for the upbringing of their children. Her attorney also pointed out that $1 million per month is less than 2 percent of Griffin's total monthly income and far less than what state laws require from a child support obligor.
This classic high-asset, billionaire divorce drama highlights a number of divorce legal issues that may arise when high net-worth couples end their marriages. Any couples in similar situations must understand that they need to fight when their financial futures are on the line. Help at any stage of divorce can be obtained from an experienced Michigan family law attorney who can give a divorcing spouse more control over the results achieved with the help of the attorney's legal knowledge and experience.
Source: ChicagoBusiness.com, "Ken Griffin nets $68.5 million a month, says his estranged wife," Shia Kapos, March 5, 2015