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6 Most expensive Divorce of all time



6 Most expensive Divorce of all time

The study of Divorce and the reasons why marriages crash can not be over-emphasized and we will not be discussing that in this article.

Motivational speakers would say, “It is better to have a crashed relationship than to have a crashed marriage”. When you check it in the real sense, none of them is better!!!!!!!! The aftermath of both scenarios are usually gross but that shouldn’t discourage you form trying again.

Looking at the increasing rate of divorce worldwide; from the “Perfect-from-afar” marriages to the “Obviously-not-gonna-last” marriages, it makes one wonder what exactly is the formula or format to having a successful ’till-death-do-us-part’ kind of marriage.

Some marriages crash because the partner is a broke ass, some crash because of Promiscuity while some crash because of some flimsy selfish excuses which ordinarily can be fixed with time.

Funny enough, there are some divorce terms that looks attractive to those who are not the marriage system. These 6 prominent couples mentioned in this article all had attractive resolutions in monetary value after they divorced. Their news made waves in the media and took many by surprise;

1. Angelina Jolie and Brad Pitt – $100 million

Fans were thrown for a loop when news broke in September 2016 that Angelina Jolie filed for divorce from Brad Pitt after 11 years of being together. Following their breakup, the By the Sea actress’s attorney, Robert Offer, said her decision to split was “for the health of the family.” Brad released a statement of his own not long after, telling People, “I am very saddened by this, but what matters most now is the well-being of our kids.”The couple, who share six children, are reported to have spent over $1m  in legal fees alone as they try to come to a settlement with it being reported as “one of the most expensive divorce cases in Hollywood history.” Although a settlement is yet to be reached it is believed Brad offered Angelia $100 million. 

2. Tiger Woods and Elin Nordegren – $110 million

Tiger Woods’ divorce payout to ex-wife Elin Nordegren may be as much as $110 million, according to HuffPost. A source close to the situation said that Nordegren wanted enough money to maintain her “luxurious lifestyle, but she didn’t try to take him for every penny that she could.

In April 2011, Nordegren reportedly demanded full custody of the couple’s children and $750 million. We are yet to know if Tiger acceded.

Tiger admitted to having multiple affairs and the couple decided to divorce after six years together in 2010.

3. Michael Jordan and Juanita Vanoy – $168 million

After the divorce, Vanoy reportedly received a $168m divorce settlement, which is still one of the largest in sports history.

Michael Jordan and Juanita Vanoy filed for a divorce in 2002 after being married for almost two decades. The couple tried to sort out their differences for four years before issuing a statement about their separation in 2006.

Even today, Michael Jordan and Juanita Vanoy’s divorce settlement is considered as one of the most financially worth in sports history. Jordan also paid $2.1 million for their legal fees.

4. Rupert Murdoch and Maria Anna Torv – $1.7 billion

Media mogul Rupert Murdoch and journalist Maria Torv were married for 31 years and have three children together. But the couple had diverging plans for when Murdoch would retire, and they agreed to an “amicable separation” in 1998.

Details of the separation are sparse, but Torv is rumoured to have received $1.7 billion. Both parties seemed to have moved on quickly: Murdoch married Wendi Deng 17 days after the divorce, while Torv married William Mann six months after according to Economic Times.

5. Jeff Bezos and MacKenzie Bezos – $38 billion

In April 2019, Amazon, the world’s biggest online retailer, said in a filing that 4% of its outstanding stock or 19.7 million shares would be registered in MacKenzie Bezos’ name after court approval of the divorce.

The couple announced their plan to divorce in a joint Twitter statement in January, causing some to worry that Jeff Bezos could wind up with reduced Amazon voting power or that he or MacKenzie would liquidate a large position.

It comes as no surprise that the $38 billion divorce settlement placed MacKenzie in the 4th spot on Forbes’ women billionaires list. It is currently the most expensive celebrity divorce but could yet be outdone by Bill and Melinda Gates.

This comes after an alleged affair with former Fox News presenter, Lauren Sanchez, the couple ended their marriage of 25 years.

6. Bill Gates and Melinda Gate

The news of Bill Gates and Melinda’s divorce hit the media space on the 3rd of May. This took many by surprise, especially after a 27-year-old marriage.

In announcing their split on Twitter, the couple said they would continue their joint work on the Bill & Melinda Gates Foundation, which funds programs in global health, gender equality, education, and other causes.

The likely cost of Bill and Melinda Gates divorce settlement has not been disclosed yet but everyone sure knows their divorce is the most expensive of all time.

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Forex: Financial expert urges CBN to exercise caution on BDCs ban



By Gistflash News

July 28, 2021

A Financial Expert, Mr Okechukwu Unegbu, has urged the Central Bank  of Nigeria (CBN) to be cautious of its recent “blanket’’  ban placed  on Bureau de Change (BDC) operators from foreign exchange (forex) trading.

Unegbu, a past President of the Chattered Institute of Bankers of Nigeria (CIBN), made the call in an interview with the News Agency of Nigeria (NAN) on Wednesday in Abuja.

He said that the ban would create some challenges in the market as commercial banks might not be able to meet the forex demands of importers.

According to Unegbu, commercial banks themselves are not perfect, as some of them also flout forex regulations.

“This punitive measure by the CBN can negatively affect the forex trading market.

“Most businessmen, when they cannot access forex from commercial banks, rush to the BDCs.

“Banks are not perfect, they also bend the rule sometimes, but that of the BDCs became so obvious  due to their large numbers.

“The Naira has been so bastardised and it is good to see that the CBN is acting to remedy the situation,’’ he said.

Unegbu said that athough some of the BDCs were involved in unwholesome practice there were still some BDCs that operated above board.

He said that the move by the apex bank was only a step toward resolving the abuse in the forex market and to reduce pressure on the Naira.

“There had been a lot of misgivings about forex in the country but this blanket ban by the CBN is just a step towards the solution.

“Not all the BDCs are bad, but as it is now CBN has banned both the good and he bad.

“But it is a warning to the Association of Bureaux De Change Operators of Nigeria (ABCON).

“ABCON should find a way to make amends and reign in on some of the operators that abuse the system,’’ he said.

The News Agency of Nigeria (NAN) reports that the CBN announced immediate discontinuation of forex to the BDCs.

CBN Governor, Mr Godwin Emefiele, who made the announcement during the banks 280th Monetary Policy Committee (MPC) meeting, said that the BDC operators were involved in rent-seeking behaviour money laundering activities.

Emefiele added that BDCs were to serve the retail end users who needed 5,000 dollars or less, but had defeated their purpose of existence to provide forex to retail user.

He also said that BDCs had instead become wholesale and illegal dealers.


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Police refutes abduction of 60 travelers on Gusau-Sokoto highway



By Gistflash News

July 28, 2021

The Zamfara State Police Command, on Tuesday, refuted reports claiming that armed bandits
abducted 60 passengers along the Sokoto-Gusau highway on July 25.
A statement by the command’s Public Relations Officer (PPRO), SP Muhammad Shehu, however, confirmed the abduction of 11 passengers on the highway, with two of the abducted passengers already rescued by police operatives, while efforts are on to rescue the remaining nine from their captors.
“The attention of the Zamfara State Police Command has been drawn to the above story trending on social and some conventional media that armed bandits blocked Sokoto – Gusau road and abducted 60 people travelling from Sokoto to Abuja.
“The command wishes to debunk the story and viewed it as inaccurate and a calculated attempt by some mischief makers  to create fear and apprehension into the minds of the general public, especially commuters.
“For the avoidance of doubt and for purposes of clarity, the command is hereby giving the accurate report of the incident”, the PPRO said.
“On Sunday 25th July, 2021, a large number of armed bandits blocked a Toyota bus belonging to the Sokoto State Mass Transit and abducted 11 passengers, who were travelling  from Sokoto to Abuja along the Sokoto-Gusau road in Bakura LGA,” Shehu said.
“Police Tactical operatives attached to ‘Operation Restore Peace’ were alerted and they quickly mobilized to the location and dislodged the hoodlums, who had blocked many vehicles for the purpose of abduction.
“The road was instantly cleared for motorists and other road users and more police operatives reinforced to improve the security and safety of commuters.
“In the course of mopping up the scene, a Toyota bus belonging to the Sokoto State Mass Transit was sighted empty and it was revealed that 11 passengers, including the driver, were abducted and taken into the bush before the arrival of the police.
“The operatives embarked on search and rescue operation in the surrounding bushes with a  view to rescuing the kidnapped victims.
“Two persons, who were left far behind with other hoodlums, were abandoned by their captors for fear of being neutralized  by the Police operatives, the remaining nine victims were, however, taken into the forest.
“The command is currently employing various search and rescue strategies aimed at rescuing the victims safely. In view of this, the command enjoins members of the public to discountenance the purported abduction of 60 persons”, Shehu added.
Members of the press are also urged to always verify the authenticity of any information they receive before going public, the PPRO said.

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JAMB withdraws results of candidate for impersonation



By Gistdlash News

July 27, 2021

The Joint Admissions and Matriculation Board (JAMB) has withdrawn the result of one Attama  Ikedichukwu for acts bordering on impersonation in the just concluded 2021/2022 Unified Tertiary Matriculation Examination (UTME).

This is contained in a statement issued by Dr Fabian Benjamin, JAMB Head, Media and Publicity in Abuja on Tuesday.

He said that upon investigations, it was revealed that Ikedichukwu had hired a ”professional examination taker” to sit for the examination on his behalf.

He however said that his luck ran out when the board’s post-examination processes discovered that the candidate had been impersonated in the course of the examination.

“On further scrutiny, other hidden dimensions to the case were also unravelled which the candidate had admitted to in the course of perpetrating the fraudulent act.

“ Following Management’s consideration and approval of the recommendations of the investigators, the result of Ikedichukwu, whose examination was taken on his behalf at the University of Nigeria, MTN Library, Nsukka, Enugu State, on  June 22 during the second session of the examination for that day, has been withdrawn.

“The Board wishes to restate that no result obtained through fraudulent means will be allowed to stand.

“It should be noted that the cancellation is in line with the board’s  policy of cancelling any result fraudulently obtained by any candidate even when such had been released,” he said.

He added that the perpetrator would be handed over to relevant agencies  for prosecution to serve as a deterrent to other would-be infractors.

He said that the board urged candidates and the general public that it would painstakingly  scrutinise the entire examination processes with the provision that the results obtained through fraudulent means would be withheld and after thorough investigation, cancelled as the case may be.

“ In the meantime, the Board is engaged in the viewing and assessment of all CCTV footage of the examination as well as the adequacy or otherwise of the security measures put in place to forestall examination infractions.

“The board warned that the above stated case might just be the first of the many that would be unearthed in the course of the review as many more infractions might yet come to light.m,” he added.

He therefore said that a top security officer who had facilitated the forgery of the board’s admission letter was being investigated for possible culpability and subsequent prosecution.


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