Sheep Farming Ex-Banker Wins £20 Million Cut to Wife’s Divorce Payout
- UK judges said original split awarding £45 million was flawed
- Banker’s wife said she will appeal the “unfair” ruling
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An ex-UBS Group AG banker turned sheep farmer, who amassed a £132 million ($168 million) fortune, won a London court bid to cut the amount his ex-wife should get from their divorce by £20 million.
Clive Standish, a former chief financial officer at UBS, appealed a 2022 ruling that awarded Anna Standish £45 million. His lawyers said he was the main wealth generator and that £80 million gifted to her in 2017 was only put in her name to avoid UK inheritance tax rules.