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15 Most Expensive Divorces

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The recent news of South Korean billionaire Chey Tae-won’s divorce settlement, totaling $1 billion, has caused a stir online.

Chey, chairman of the SK Group conglomerate, has been ordered to pay his ex-wife a divorce settlement of 1.38 trillion won (approximately $1bn), marking the largest divorce settlement in South Korean history.

Nigerians reacted in shock, with many commenting that marriage now appears to be a business arrangement rather than a romantic commitment.

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However this is far from the largest divorce settlement in history.

Here are the most expensive divorce cases as  highlighted by The PUNCH:

  • Jeff Bezos and Mackenzie Scott

In 2019, Amazon founder Jeff Bezos, the world’s wealthiest individual with a net worth of $197 billion, ended his 26-year marriage to MacKenzie Scott, finalising their divorce with a settlement of $38 billion.

  • Bill Gates and Melinda Gates

The divorce settlement between Bill Gates and Melinda French Gates remained private, with no public disclosure of financial details. While the couple’s combined net worth was estimated at $130 billion, it is reported that Melinda French Gates received over $6 billion in stock shares, but the exact asset division remains undisclosed.

READ ALSO: Billionaire To Pay $1bn To Ex-wife In Divorce Settlement

  • Alec and Jocelyn Wildenstein

In 1999, French-American businessman and art dealer Alec Wildenstein ended his 21-year marriage to Jocelyn Wildenstein, resulting in a divorce settlement worth $3.8 billion, with Jocelyn receiving an initial $2.5 billion and an additional $100 million annually for 13 years.

  • Rupert Murdoch and Anna Torv Mann

Rupert Murdoch and Anna Torv Mann, married for over three decades and parents of three, separated in 1999. Their divorce settlement was valued between $1.2 and $1.7 billion, equivalent to approximately $40-56 million per year of marriage.

  • Bernie Ecclestone and Slavica Radic

Bernie Ecclestone, former chief executive of Formula One group, ended his 25-year marriage to model Slavica Radic in 2009, with a reported divorce settlement of $1.2 billion.

READ ALSO: Female Billionaire Sentenced To Death For Looting $44bn

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  • Steve and Elaine Wynn

Steve and Elaine Wynn, Las Vegas casino moguls, had two marriages spanning 1963-1986 and 1991-2010. Their second divorce in 2010 resulted in a settlement worth $1 billion to Elaine, including $741 million in Wynn Resorts stock, the company they co-founded.

  • Harold Hamm and Sue Ann Arnall

In 2014, oil tycoon Harold Hamm finalised his divorce from Sue Ann Arnall, paying her $974.8 million in a single settlement payment.

  • Adnan and Soraya Khashoggi

According to Forbes, the late Saudi billionaire Adnan Khashoggi paid his ex-wife Soraya Khashoggi a divorce settlement of $874 million in 1982, equivalent to $42 million per year of their 21-year marriage, in an out-of-court agreement.

  • Sheikh Mohammed bin Rashid al-Maktoum & Princess Haya bint al-Hussein

In December 2021, the Dubai ruler was court-ordered to pay a $728 million to his ex-wife, Princess Haya, ending a prolonged divorce battle marked by allegations of infidelity and threats. The settlement will cover Princess Haya’s lifelong security expenses and ongoing costs for their two children, Al Jalila and Sheikh Zayed, according to CNN.

  • Tiger Woods and Elin Nordegren

Tiger Woods and Elim Nordegren finalised their divorce in August 2010, after five years of marriage, with Elin receiving a reported $100 million settlement, equivalent to $20 million per year of marriage.

READ ALSO: Forbes Declares Singer Taylor Swift Billionaire

  • Stephen Spielberg and Amy Irving

Film director Steven Spielberg’s 1989 divorce from Amy Irving, his wife of four years, resulted in a settlement worth $100 million, equivalent to half his wealth at the time, or $25 million per year of marriage.

  • Paul McCartney and Heather Mills

Paul McCartney’s ex-wife, Heather Mills, received a divorce settlement of $50 million, translating to $12.5 million per year for their four-year marriage.

  • Harrison Ford and Melissa Mathison

The Indiana Jones actor Harrison Ford’s 1994 divorce from Melissa Mathison, his wife of 18 years and mother of two of his children, resulted in a settlement of $90 million, equivalent to $5 million per year of marriage.

  • Michael Douglas and Diandra Douglas

Two-time Academy Award winner Michael Douglas’s 23-year marriage to Diandra Douglas ended in a divorce settlement of $45 million, which translates to approximately $2 million per year of their marriage.

  • Madonna and Guy Ritchie

Madonna’s divorce from film director Guy Ritchie in 2008 reportedly resulted in a settlement of $76 – $92 million, paid to the British film director and her ex-husband of eight years. The specifics of their agreement remain private, so the exact reasons for the payment amount aren’t publicly disclosed.

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10 Most Religious Cities In The World

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Religion has long played a crucial role in shaping human societies, providing both unity and division throughout history.

The following ten cities have witnessed epic religious events and continue to serve as pilgrimage sites for millions.

1. Mecca, Saudi Arabia

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Mecca, the holiest city in Islam, attracts millions of Muslims each year for the Hajj pilgrimage, one of the Five Pillars of Islam. This journey is obligatory for every capable Muslim at least once in their lifetime. Non-Muslims, however, are not permitted to enter Mecca. The city’s history dates back to a pre-Islamic legend involving Adam and Eve. More accurately, around 2000 BC, Abraham and his son Ishmael built the Kaaba, Islam’s most sacred site. In 570 AD, the Prophet Muhammad was born here, and later in 630 AD, he declared the city a center for Muslim pilgrimage.

2. Lhasa, Tibet

Lhasa, meaning “place of the gods,” was the home of the Dalai Lamas from the 1600s until 1959. Although Tibetans are now a minority, the city remains a hub for Tibetan Buddhism. Notable sites include Jokhang Temple and the Potala Palace, both UNESCO World Heritage Sites. Many pilgrims come to Lhasa to follow one of the three pathways that lead around Jokhang Temple, seeking spiritual merit.

READ ALSO: Top 10 Countries With Highest Number Of Churches 2024

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3. Bethlehem, West Bank

Bethlehem is revered as the birthplace of Jesus, making it a major pilgrimage destination for Christians, especially during Christmas and Easter. It is also historically significant as the birthplace of David, the King of Israel. Despite the city’s tumultuous past, including numerous invasions and occupations, it remains a focal point of Christian pilgrimage. The Church of the Nativity, one of the world’s oldest churches, is believed to mark the location of Christ’s birth.

4. Varanasi, India

One of India’s most sacred cities, Varanasi holds religious importance for Hindus, Buddhists, and Jains. Legend states that the city was founded by Lord Shiva, while historical records suggest it emerged 3,000 years ago as a center for textiles. Many Hindus come to Varanasi to bathe in the Ganges River, which is believed to cleanse sins. The city is also notable as the place where Buddha delivered his first sermon.

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5. Vatican City

Situated in Rome, Vatican City is the epicenter of the Roman Catholic Church. The world’s smallest independent state, it holds some of the most significant religious and cultural sites, including St. Peter’s Basilica, the Sistine Chapel, and the Vatican Museums. Once part of the Papal States, it became independent in the 20th century after a treaty signed by Mussolini.

READ ALSO: Northern Group Wants Tinubu Address Fuel Price Hike, Appoint Petroleum Minister

6. Haifa, Israel

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Haifa, a city on Mount Carmel overlooking the Mediterranean, is a center for the Bahá’í faith. The Bahá’í World Center, with its golden-domed shrine, is a UNESCO World Heritage Site. Bahá’í, a religion founded in 19th-century Iran, emphasizes unity among all religions and the oneness of humanity.

7. Salt Lake City, Utah

Salt Lake City was founded in 1847 by Mormon pioneers escaping persecution. Today, it serves as the headquarters of The Church of Jesus Christ of Latter-day Saints (LDS). The city’s religious landmarks include the iconic Salt Lake Temple, which took 40 years to complete, and the Family History Library, the largest genealogical library in the world.

READ ALSO: Top 10 African Countries With Largest Active Military Manpower In 2024

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8. Jerusalem, Israel

Jerusalem is a spiritual hub for Judaism, Christianity, and Islam. It has been a focal point of religious significance for millennia and has faced destruction and invasion multiple times. Sites like the Temple Mount, Church of the Holy Sepulchre, and the Western Wall draw millions of pilgrims annually. The Old City of Jerusalem, a UNESCO World Heritage Site, remains a testament to the city’s profound historical and religious legacy.

9. Pushkar, India

One of India’s oldest cities, Pushkar is a sacred site for Hindus. The city is associated with Lord Brahma, the Hindu god of creation. Pilgrims visit Pushkar Lake and the Brahma Temple, one of the few temples dedicated to Brahma. The city is also home to the Pushkar Fair, one of the world’s largest camel fairs.

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10. Medina, Saudi Arabia

Medina is the second holiest city in Islam after Mecca. It is where the Prophet Muhammad sought refuge after being driven from Mecca. The Prophet’s Mosque, Al Masjid al-Nabawi, stands on the site of Muhammad’s home and is where he is buried. Only Muslims are permitted to enter the city, which serves as a key stop during the Hajj pilgrimage.

These cities offer a deep spiritual experience for visitors, filled with history and religious significance.

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Visa Restrictions: UK Varsities Face Financial Crisis

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United Kingdom universities are grappling with severe financial difficulties due to recent restrictions on visas for international students.

On Thursday, university leaders called for an urgent increase in domestic tuition fees to help offset significant deficits, as reported by AFP.

The President of Universities UK, Sally Mapstone, which represents 141 higher education institutions, warned that the sector is “feeling the crunch” following the introduction of visa curbs last year.

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She stated, “There is now a clear choice. We can allow our distinguished, globally competitive higher education system to slide into decline or we can act together.”

READ ALSO: 12 Migrants Die Attempting To Cross Channel To UK

According to a report from the House of Commons, UK higher education institutions generated over £50 billion in total income during 2022-23, with a significant portion coming from tuition fees and grants.

International students, who pay higher fees than domestic students, have become a crucial revenue source for universities.

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However, the government under former Prime Minister Rishi Sunak implemented restrictions on overseas student visas, including a ban on students bringing family members.

READ ALSO: U.S. Court Sentences Nigerian Brothers To 18 Years In Prison For Sextortion

This policy was part of an effort to reduce record levels of immigration. As a result, there were 30,000 fewer international student applications in the first four months of 2024 compared to the same period in 2023, according to official data.

University officials have repeatedly raised concerns over the financial impact of the visa restrictions.

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Mapstone revealed that the higher education sector is currently facing a £1.7 billion deficit for teaching and a £5 billion shortfall for research. Without urgent intervention, there are fears that some institutions may be forced to cut courses or even close their doors.

To address the growing crisis, university leaders are urging the government to raise domestic tuition fees, which have been capped at £9,250 since 2017.

READ ALSO ALSO: LIST: UK Announces More Companies Licensed To Sponsor Nigerians’ Work Visa

Shitij Kapur, head of King’s College London, argued that fees should now be set between £12,000 and £13,000 to reflect rising costs.

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At a Universities UK conference in Reading, new Labour Education Secretary Bridget Phillipson acknowledged the financial challenges faced by the sector.

I can’t promise painless or immediate resolutions. But I do promise that these issues will get the attention and the commitment they deserve,” Phillipson said in a video message to attendees.

 

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U.S. Court Sentences Nigerian Brothers To 18 Years In Prison For Sextortion

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U.S. Attorney for the Western District of Michigan Mark Totten have sentenced Nigerian brothers, Samuel Ogoshi, age 24, and Samson Ogoshi, age 21 to 210 months in federal prison followed by 5 years of supervised release for the crime of Conspiracy to Sexually Exploit Minors.

On March 25, 2022, 17-year-old high school student, Jordan DeMay, from Marquette, Michigan, died as a result of this sextortion scheme, which targeted over 100 other victims, as well.

Today’s sentencing of Samuel and Samson Ogoshi sends a thundering message,” said U.S. Attorney Mark Totten. “To criminals who commit these schemes: you are not immune from justice. We will track you down and hold you accountable, even if we have to go half-way around the world to do so. The day when you could commit these crimes, rake in easy cash, destroy lives, and escape justice is gone.” Totten continued: “And to parents, teenagers, and everyone who uses a cell phone: please, please be careful. These devices can connect you to criminal networks around the world. Don’t assume people are who they say they are. Don’t share compromising images. And if you’re a victim, please reach out. There’s help, and law enforcement stands ready.

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READ ALSO: Court Jails ‘Yahoo Boy’ For Impersonating Singer Flavour N’abania, Duping American Of $53000

“These defendants sexually exploited and extorted more than 100 victims, including at least eleven minors, resulting in the tragic death of a 17- year-old high school student,” said Attorney General Merrick B. Garland. “These sentences should serve as a warning that the perpetrators of online sexual exploitation and extortion cannot escape accountability for their heinous crimes by hiding behind their phones and computers. The Justice Department will find them, no matter where they are, and we will bring them to justice in the United States.”

As contained in their plea agreements, Samuel and Samson Ogoshi engaged in a scheme while living in Nigeria to sexually exploit more than 100 victims, including at least 11 identified minor victims. They purchased hacked social media accounts and used them to pose as young women, making fake profiles and using the messaging feature on the social media accounts to contact victims.

READ ALSO: Former MTN Group CEO Is Dead

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They conducted online research about their victims to learn where they lived, attended school, worked, and the identities of their family and friends. They then solicited their minor victims to produce sexually explicit images of themselves. Once they received the images, they created a collage of pictures that included the sexually explicit image with other images of the victim and their school, family, and friends. The Ogoshi brothers threatened to disclose the collages to the family, friends, and classmates of the victim unless the victim agreed to pay money using online cash applications.

In November 2022, the U.S. Attorney’s Office for the Western District of Michigan charged Samuel Ogoshi, Samson Ogoshi, and Ezekiel Robert, all Nigerian nationals, in the sextortion scheme that resulted in the death of Jordan DeMay. The Ogoshi Brothers were extradited to the United States in August 2023 and pled guilty in April 2024.

On March 21, 2024, a Nigerian court ordered the third defendant, Ezekiel Robert, to be extradited to the United States. He has appealed that decision and the matter is before a High Court in Nigeria.

The sentencing of sextortionists Samuel and Samson Ogoshi ensures both international criminals will no longer victimize minors in the United States or throughout the world,” said Cheyvoryea the FBI Gibson, Special Agent in Charge of in Michigan. “Spreading awareness on sextortion is a top priority of the FBI here in Michigan. Our hearts and prayers are with the loved ones of Jordan DeMay and those affected by the criminal acts of these individuals.”
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