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The Independent UK
The Independent UK
National
Tom Pilgrim

Judge throws out claim watch tycoon ‘cheated’ brother out of inheritance

PA Archive

A multi-millionaire watch tycoon has won the latest court battle in a decades-long dispute with his younger brother, after being accused of trying to “cheat” his sibling out of part of their late father’s fortune.

Marcus Margulies, who was worth £135 million in 2018 according to the Sunday Times Rich List, faced allegations at the High Court in London that he had concealed funds from a “secret” trust held in a Swiss bank account that should have been inherited by his brother Stephen Margulies.

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