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Daily Mirror
Daily Mirror
Business
Emma Munbodh

Tycoon ordered to pay ex-wife £3.5million a year in bitter High Court divorce row

A property developer who co-owns one of the most lucrative buildings in New York has been ordered to pay his estranged wife £3.5million a year in a High Court divorce.

Michael Fuchs, who moved from Germany to the US in the 1990s, is embroiled in a multimillion-pound battle with Alvina Collardeau-Fuchs, a 46-year-old French-born former journalist who he split from in 2020.

The couple signed a prenuptial agreement before their wedding in 2012, and two years later signed a "modification agreement" that increased the amount to be paid to Collardeau-Fuchs if their marriage broke down.

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