Ex-model wins £53 million divorce settlement from Saudi tycoon

A British court on Thursday awarded a £53 million (62 million euro, $69 million) divorce settlement to a former model who had demanded £196 million from her Saudi billionaire husband — including £1 million a year just for clothes.

Lawyers for US national Christina Estrada, 54, said the total settlement amounted to £75 million, including her existing assets.

Her husband, Sheikh Walid Juffali, 61, is terminally ill with cancer. He divorced her under the Islamic law without her knowledge and married a Lebanese model in 2012.

“I am fully aware that the spectacular life Walid and I led was immensely fortunate and rarefied. And I fully understand how this can be perceived in the wider world,” she said in a statement.

When she was cross-examined on her material needs, she told the court: “I was a top international model. I have lived this life. This is what I am accustomed to.”

She said she needed £60 million for a home in London, £4.4 million for a country house in Henley-on-Thames and £495,000 for five cars. Her clothing budget alone included an annual £40,000 for fur coats, £109,000 for haute couture dresses and £21,000 for shoes.

London is known as the divorce capital of the world and is particularly attractive for wives because awards are higher than in other parts of the world. Thousands of wealthy Chinese, Russians, Americans and Europeans, many of whom work in the City of London financial district or own property in Britain, now end their marriages before English judges.

Late Russian oligarch Boris Berezovsky reportedly paid up to £220 million to his ex-wife Galina Besharova in 2011.

Jamie Cooper-Hohn, the estranged wife of a London financier, was awarded £337 million in 2014. Estrada went to court in Britain seeking £196 million to meet her “reasonable needs.” A judge gave her a lesser sum, but her lawyers say it is still by far “the largest needs award ever made by an English court.”

Her 61-year-old ex-husband told the court that his wealth amounts to £113.8 million, not the billions estimated by Estrada’s lawyers.