LONDON — Russian billionaire Farkhad Akhmedov and his former wife Tatiana Akhmedova reached a settlement on Friday after years of legal wrangling over a record 454-million pound ($625 million) divorce award made by London’s High Court in 2016.
The dispute led to an unsuccessful attempt by Akhemdova to seize a 115-meter (377-foot) superyacht owned by her former husband through courts in Dubai, as well as a separate court order for her son Temur to pay her more than 70-million pounds from family assets.
The terms of Friday’s settlement are confidential and how much money Akhmedova will now receive is unclear.
“This was never about a figure but a husband honoring his commitmen…
Keep on reading: Russian billionaire, wife settle bitter $625-million divorce case