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.