Wife Awarded £43.5m in Divorce Settlement from Green Energy Entrepreneur

Law & Finance News

Wife Awarded £43.5m in Divorce Settlement from Green Energy Entrepreneur
DIVORCEHIGH COURTGREEN ENERGY
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A High Court judge has awarded over £43.5 million to the wife of green energy entrepreneur Dale Vince following their divorce. While Mr. Vince maintains his ex-wife received less than his initial offer four years ago, the judge ruled that the couple's assets, including significant donations to the Labour Party by Mr. Vince, should be divided fairly. Mr. Vince claims the increase in donations and spending stemmed from his businesses' success, while the judge suggests these were politically motivated.

The wife of green energy entrepreneur Dale Vince has been awarded more than £40m by a High Court judge following their divorce. However, Mr Vince said his ex-wife came away from their divorce with £12m less than he offered her four years ago. The pair disputed how their money should be split at a hearing in December.

He said: 'It was therefore both foreseeable and hardly inexplicable that the company should choose to make a specific large donation at that time. I am satisfied that the husband's motivation in endorsing that transaction was political, and not related to these proceedings.' After the judge's decision on Friday, Mr Vince said the judgment was a 'total vindication of my approach to this case from the very beginning.

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DIVORCE HIGH COURT GREEN ENERGY LABOUR PARTY DONATIONS

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