A former supermodel
Ms Christina Estrada who dragged her former husband, billionaire Sheikh Walid
Juffali to court demanding £196 million from the businessman to meet her
'reasonable needs' - which included two luxury houses, a huge clothes
budget
and five cars has been informed that her husband has passed away.
Her ex-husband,
billionaire Sheikh Walid Juffali passed away in Zurich on Wednesday following a
lengthy battle with cancer.
Dr Juffali, was
chairman and heir of EA Juffali and Brothers, one of Saudi Arabia's most
successful companies.
Ms Estrada met the businessman in 2000 and got
married soon after, then they had a daughter together. However the marriage ran
into difficulty after Dr Juffali's decision in 2012 to marry a 25-year-old
Lebanese model, who is now the mother of his two youngest children, while still
married to Ms Estrada. The sheikh divorced Ms Estrada in Saudi Arabia in 2014
under Islamic law without her knowledge.
Earlier this month
Ms Estrada, took the 61-year-old to the High Court where her fight for a share
of his fortune became one of the highest-stakes divorce battles of its kind.
Ms Estrada claimed
her 'needs' included £1million for clothes, £40,000 for fur coats, £109,000 for
haute couture dresses and £21,000 for shoes every year.
She also said she
needed enough from her ex-husband to afford a luxury home in London worth about
£60million, a £4.4 million house in the country at Henley, as well as £495,000
for five cars - three in London and two in the US.
She told family
judge Mrs Justice Roberts: ‘I am Christina Estrada.
'I was a top
international model. I have lived this life. This is what I am accustomed to.’
Her lawyers estimated her ex-husband was worth £8billion.
Rather than the £196
million she demanded for her husband's lawyers offered £75million but rejected
the offer which, added to her own assets, would have given her some £37million
to live on.
Ms Estrada, who is
in St tropez, has reportedly been informed of her husband's death this week and
was said by friends to be 'devastated' at the news.
However the court
hearing was brought forward due to his worsening health. High Court Family
Division judge Mrs Justice Roberts had ordered Dr Juffali to pay Ms Estrada the
lump sum by 4pm on Friday, July 29, however this could now be subject to a
delay while his affairs are put in order. Dr Juffali's death will not affect
the settlement. It is now legally binding and he will have to still pay her the
money.
She was ultimately
awarded a £53million cash settlement at London's High Court - with lawyers
saying the payout is worth £75million when assets she has already been given
are taken into account.
Her lawyers said the
award she received was 'by more than £50million the largest needs award ever
made by an English court'.
But Dr Juffali had
said in a written statement before he died said in his statement that he had
left the vast majority of his wealth to his three oldest children, including
his daughter with Ms Estrada, now a teenager, who cannot be identified.
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