The Ruler Of Dubai Must Pay His Ex-Wife $730 Million In A Jaw-Dropping Divorce Settlement

Ouch! The ruler of Dubai has just been slammed with one of the biggest divorce settlements in history. A judge has ordered Sheikh Mohammed bin Rashid Al-Maktoum to pay his ex-wife, Princess Haya, $730 million in the most expensive divorce settlement in UK history.

A post shared by Haya Bint Al Hussein (@hrhprincesshaya)

The ruling finally ends a lengthy legal battle between the 72-year-old ruler lengthy and his 47-year-old former wife, who lives in London with their two children, aged 13 and nine.

The Sheikh will have to fork over $333 million within three months to help the princess with living costs, USA Today reports. In addition to security, the lump sum is for the upkeep of Haya’s two mansions. The princess has a home near Kensington Palace in London and another in the suburban town of Egham in Surrey. The amount is also intended to cover the cost of vacations, clothes, horses, and salaries for her staff.

Princess Haya’s team itemized expenses thoroughly. They included $500,000 for food during vacations, $368,000 to maintain three racehorses and other pets, and $51,000 to replace two Somersault Sunken trampolines they had owned at their palace in Dubai.

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While it may seem like the judge awarded Princess Haya everything she asked for, he denied some requests. The judge threw out her request for the settlement to cover the cost of a car collection owned by the princess’s son because, as he believed a 9-year-old didn’t need to own cars.

It’s worth noting that while living in Dubai her children received a $10 million allowance a year each.

A post shared by Mohammed bin Rashid Al Maktoum (@hhshkmohd)

The rest of the money will come in the form of annual payments to provide for the children’s education and security. A guarantee of $385 million has been ordered to secure these payments.

During the bitter divorce proceedings, the Sheikh used NSO Group’s Pegasus software to hack the princess’s phone, and his agents attempted to buy the $30 million mansion next to hers which she called a threat to her security. These developments resulted in the Sheikh being responsible for the security costs for his two children with Haya every year of their lives.

While the divorce was the most expensive in UK history, it pales in comparison to the $38 billion settlement Jeff Bezos agreed to pay his ex-wife Mackenzie Scott back in 2019.

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Source: USA Today, The Guardian


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