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Daily Mirror
Daily Mirror
National
Brian Farmer & Sara Odeen-Isbister

Man who refused to pay ex £45m so kids 'learn value of money' forced to hand over £37m

The former wife of a billionaire property tycoon, who refused to pay her the £45 million she said she was entitled to, has been ordered to give her £37 million.

Michael Fuchs previously argued that their children needed to "learn the value of money", which wouldn't happen if he paid Alvina Collardeau-Fuchs, 47, such a large sum.

At a preliminary hearing at the Family Division of the High Court in London in the summer, he said "smothering them in luxuries makes them jaded".

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