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News- New UK Divorce Settlement Breaks Records

Gay Hedge Fund Manager Pierre Lagrange Worth £300 million, may lose half in divorce

Co-Founder of hedge fund group GLG Pierre Lagrange is worth £300 million , but he may have to give half of his fortune to his soon-to-be ex-wife. Mr. Lagrange revealed to his wife that he was actually gay, and subsequently the marriage is dissolving in divorce. The resulting settlement may turn out tot be one of the largest in UK divorce records ever.

As noted bySpear’s Wealth Management Survey, a pre-nuptial agreement can alleviate risk in divorce settlements.