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The bitter divorce process between RFR Realty director Michael Fuchs and his ex-wife continues across the pond.
The billionaire co-owner of the Chrysler building has responded to Alvina Collardeau-Fuchs’ claim that she has become accustomed to a lavish way of life in her eight years of marriage, according to a London court filing reported via Bloomberg. Fuchs responded to his £45 million ($50 million) claim, calling it “greed, not necessity. “
In happier times, the couple enjoyed five fully equipped homes in London’s Notting Hill, Manhattan’s West Village and Cap d’Antibes in southern France. The couple “spent within their means, which were unlimited,” their lawyers argued in court documents.
But the couple are now battling over some of their properties, such as the six-story, 8,000-square-foot space on Notting Hill where Collardeau-Fuchs lives with their two children. Court documents estimate the assets at $35 million.
Fuchs’ lawyer accused Collardeau-Fuchs of not “living like a billionaire, having signed a deal that she will live as a mere billionaire,” according to documents filed ahead of a hearing Thursday in London’s High Court.
Fuchs, 62, who co-founded RFR with Aby Rosen, said in court documents that it is worth about $1. 1 billion.
Collardeau-Fuchs, 47, is seeking the equivalent of $50 million for herself and about $1. 3 million in child support, which Fuchs’ lawyers say is a “disguised” marital claim and is expected to amount to about $33 million.
Their argument in favor of the settlement is based on the couple’s prenuptial agreement, which alleges Fuchs violated by failing to create a joint investment fund for the couple and failing to meet their monetary obligations. As a result, sheriffs responded at home at least five times.
Fuchs married Collardeau-Fuchs in 2012, 4 years before the family moved to London. In the past, she had alleged that Fuchs had tried to cover her expenses since their separation and had made her daily life “intolerable. “
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