We've covered some high-profile divorces, but rarely do they have this much financial superpower — on both sides — as the upcoming split between Ken Griffin and Anne Dias Griffin, his wife of 11 years. The couple are wealthy hedge fund operators, and he is reportedly worth $5.5 billion and listed as the 274th richest person in the world. Ms. Dias Griffin founded Aragon Global Management, which, at its peak, managed as much as $200 million in assets, according to the Chicago Tribune.
In its reporting on the case, the Tribune has put together a list of myths that have been circling around the divorce and brought in a legal expert — Jay Frank, the chair of the Family Law Group at the Chicago law firm of Aronberg, Goldgehn, Davis & Garmisa — to put them to bed. Here are a couple of our favorites:
Prenups Solve Everything There are so many potential minefields with prenuptial agreements that no one should deem them ironclad. When you factor in child custody and the possibility that it could get thrown out of the judge finds one letter out of place, it's sometimes better to create a solid case around the prenup instead of fully relying on it.
The Loudest Lawyer
Wins Maybe if you're in a super-high profile case, your boastful lawyer can win the TV wars and sway the public. But in a majority of the cases in the U.S. today, there are very few people outside of the family members wondering how a divorce case will turn out. Judges are impressed by only one thing — how the client is represented.
Photo Courtesy Flickr / Gisela Giardino