TEXAS: Andy Beal divorce: Dallas billionaire banker sued by wife Simona for $20 billion dollars

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Filed in Billionaire divorce news: Andy Beal, a banker and poker enthusiast, and ostensibly the richest man in Dallas Texas (the billionaire is estimated to be worth about $6 billion dollars by Forbes), has been sued by his wife for divorce. Mr. Beal and wife Simona Beal are enmeshed in an acrimonious divorce – and you …

Read moreTEXAS: Andy Beal divorce: Dallas billionaire banker sued by wife Simona for $20 billion dollars

Crazy billionaire divorce/child support news: Kirk Kerkorian ordered to pay ex-wife over $10 million in back child support! OMG!

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BILLIONAIRE KIRK KERKORIAN ORDERED TO PAY MORE THAN TEN MILLION DOLLARS IN CHILD SUPPORT. CALLING DONALD BREN!!! Now, we’ve been on this story about billionaire Kirk Kerkorian and his ex wife Lisa Bonder Kirkorian since 2008 before Divorce Saloon was even Divorce Saloon. It was one of the very first posts we did and we …

Read moreCrazy billionaire divorce/child support news: Kirk Kerkorian ordered to pay ex-wife over $10 million in back child support! OMG!

Divorce advice for billionaires and high net worth individuals – part four: Mediation vs. Litigation

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Divorce mediation is an alternative to litigation and for many billionaires and high net worth individuals, mediation just makes a whole lot of sense. Why have an embarrassing public circus like multi-millionaire (or billionaire?) Peter Brant and and his voluptuous Victoria’s Secret model wife Stephanie Seymour (by the way, they called off their divorce today to …

Read moreDivorce advice for billionaires and high net worth individuals – part four: Mediation vs. Litigation

Divorce advice for billionaires and high net-worth individuals – Part two: get a post-nup

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Divorce advice for divorcing billionaires Part two: Billionaires who marry without a prenup should consider getting a post-nup during the marriage

Get a post-nup!

 Sometimes, a billionaire or high net-worth individual loses his or her mind and neglects to get a prenup, prior to marriage. This is bad, but not necessarily fatal. It is possible to go back after the fact and fix the mess.  It’s called a post nup. A post nup is similar to a prenup in the sense that it is a contract with your spouse that details how you will share the marital res in the event of a divorce. The difference between a pre-nup and a post nup is that a prenup happens before marriage and the post-nup – you guessed it – happens after marriage.

Read moreDivorce advice for billionaires and high net-worth individuals – Part two: get a post-nup

Divorce advice for billionaires and high net-worth individuals – part one: Get a prenup

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Divorce Advice for billionaires and other high net-worth individuals: Part One

 Get a prenup!

It used to be that billionaires and other high net-worth men remained married to the same woman till death did them part. That is still true for the most part, but these are unprecedented and interesting times we are living in. Across the globe we are seeing an increase in things like terrorism, poverty, violent storms, and billionaires who not only are increasingly female, but who are tumbling out of the billionaires club as if it’s the latest hip hop dance move. Billionaires are also, uncharacteristically, having more trouble than ever before, with hanging on to their marriages. Some are even becoming serial divorcés.

Read moreDivorce advice for billionaires and high net-worth individuals – part one: Get a prenup

NEW YORK: How many billionaires have been divorced more than three times? Take a guess…

DIVORCE AUCTION

Billionaires, monogamy and divorce: How many serial divorcé billionaires are there out there?
Over at Forbes, managing wealth editor Bruce Upbin has come up with this interesting “divorce chart” that depicts graphical data about the marrying (and divorcing) habits of billionaires. Here’s what Mr. Upbin says, in part,

Read moreNEW YORK: How many billionaires have been divorced more than three times? Take a guess…

ITALY: Divorced? Looking for a billionaire sugar daddy? Italy's billionaire PM Silvio Berlusconi may be just the man for you!

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ITALY: Forget those cheap billionaires in Hong Kong who attend wealth camps to learn about how to keep your grubby little paws off their loot. Now that he’s almost divorced, Italy’s prime minister Silvio Berlusconi has no problem whatsoever with women coming after him for his bank account. On the contrary, he seems to encourage it.

Read moreITALY: Divorced? Looking for a billionaire sugar daddy? Italy's billionaire PM Silvio Berlusconi may be just the man for you!