‘So many zeros’: Why wealthy divorces are so complex
At the centre of every split is the question of how to divide assets. But the more money that is involved, the more complicated the task tends to be.
While some assets are easy to value, others can be more subjective and require the specialist skills of a forensic accountant. Simon Letch
Amid the recent controversy surrounding WiseTech Global founder Richard White was a somewhat overlooked detail – that he was selling hundreds of millions of dollars worth of WiseTech shares to pay his ex-wife.
In October, White disclosed that he had sold more than 350,000 shares worth $46 million, taking his total sales in that month alone to more than $100 million. Sources close to White told The Australian Financial Review that the proceeds were partially paid to his former wife, Barbara Mason. Their marriage ended in 2015.
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