City Of London
Barclay Brothers Brawled on Yacht Over Control of Empire
- Fight revealed during court hearing where Frederick faces jail
- Tycoon has failed to pay ex-wife £100 million divorce award
This article is for subscribers only.
The Barclay brothers brawled on a luxury yacht over the control of their UK business empire, a London court was told, on the first day of a hearing where Frederick Barclay faces jail for failing to pay a penny to his ex-wife in their divorce.
The relationship between the highly secretive twins, whose investments put them among Britain’s most rich and powerful, deteriorated to such an extent that the two came to blows, Hiroko Barclay, Frederick’s ex-wife, said in court Monday. She’s attempting to have the 87 year-old Frederick sent to prison over the non-payment of a £100 million ($120 million) award.