Well Rounded Investor

My journey of becoming financial independence by 35 years old

$1 million a month to raise kids in a divorce case

Between Dwyane Wade $5 million settlement with his ex wife and the hedge fund Ken Griffin’s soon-to-be ex wife. Ken Griffin’s ex wife $1 million a month for taking care of their kids. Ken’s ex [lawyer] won.
http://www.trbimg.com/img-53d10d62/turbine/chi-ken-griffin-divorce-20140723
The husband spoke person said the expense include $300,000 a month for private-jet travel, $160,000 a month for vacation rentals and $60,000 a month for office space and professional staff.

All of that to support the life style — Dias said she and their children have come to “enjoy a lifestyle reserved only for the very wealthy,” including houses in Chicago, Aspen, Hawaii, Miami Beach and New York. They also have “unrestricted access” to two private jets “to travel to the aforementioned homes” as well as other destinations.

Most of us personal financial blogger even it we make $100k per year, at saving rate of 75% including leverage and interest it would take 7-12 years to get to $1 million mark. But the husband, Ken Griffin, is a billionaire. He could spare a billion dollars to support them for 88 years. It’s not like it’s not doable. The wife is smart enough to figure out what she needs for the rest of her life. Hehehe just like we financial bloggers do, but in larger scale due to inflation lifestyle.

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This entry was posted on January 31, 2015 by in Best post.

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