Divorcee 'can't live on $63 million

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-- Divorcee 'can't live on $63 million

Posted by nusty on Mar-19-2009 15:59:

Divorcee 'can't live on $63 million

Poor lady. I feel for her. almost.

Divorcee 'can't live on $63 million'13:01 AEST Thu Mar 19 2009

A 36-year-old Swedish countess divorcing a former CEO amid accusations of extramarital affairs is arguing she has too many expenses and cannot live on a mere $US43 million ($A63.16 million).

Marie Douglas-David, a former investment banker, says she has no income and needs her 67-year-old husband, George David, to pay her more than $US53,000 ($A80,000) a week - more than most US households make in a year - to cover her expenses.

David stepped down last year as chief executive at Hartford-based United Technologies Corp but is still chairman of the board and has an estimated net worth of $US329 million ($A497 million). He and his wife accuse each other of extramarital affairs, and their divorce trial started on Wednesday.

"I'm just very sad that we are where we are," Douglas-David said. "I hope we resolve this soon so everybody can move on with their lives."

David briefly took the stand on Wednesday. Asked if his marriage is irretrievably broken, he answered simply, "Yes."

David and Douglas-David married in 2002, but the couple was in trouble by 2004, court papers show. Amid a series of reconciliations, the duo signed a postnuptial agreement in October 2005 that would give her $US43 million ($A63.16 million) when they divorced.

Douglas-David wants the agreement invalidated. She accused her husband of coercing her to sign it by preying upon her fears of being divorced and childless. She's asking to be awarded about $US100 million ($A151 million) in cash and stock, plus $US130,000 ($A196,400) a month in alimony.

David is asking a judge to uphold the agreement and order Douglas-David to vacate their Park Avenue apartment but keep their properties in Sweden. His attorneys asked for a separate hearing on Wednesday on the document's validity, but the judge declined.

Douglas-David has filed court papers showing she has more than $US53,800 ($A79,024.68) in weekly expenses, which include maintaining a Park Avenue apartment and three residences in Sweden. Her weekly expenses also include $US700 ($A1,028.2) for limousine service, $US4,500 ($A6,609.87) for clothes, $US1,000 ($A1,468.86) for hair and skin treatments, $US1,500 ($A2,203.29) for restaurants and entertainment, and $US8,000 ($A11,750.88) for travel.

At that rate, Douglas-David would burn through $US43 million ($A63.16 million) in less than 16 years.

Anne Dranginis, an attorney for David and retired Connecticut Appellate Court judge, predicted that Douglas-David will get much less money in the divorce if she doesn't accept the terms of the postnuptial.

In court papers, Douglas-David said she quit her job as an investment banker for Lazard Asset Management to travel and entertain with David, who still earns $US1 million a year from United Technologies. While chief executive in 2007, David made nearly $US27 million ($A39.66 million) in salary and bonuses.

Douglas-David's legal team includes prominent New York divorce attorney William Beslow, who represented Mia Farrow in her child-custody suit against actor-director Woody Allen and Marla Maples in her divorce from Donald Trump.

United Technologies is the parent company of Carrier, which makes air conditioning units, and Otis Elevators.

David is expected to return to the stand on Thursday for several days of testimony.

source

Posted by zoogla on Mar-19-2009 16:45:

quote:
Her weekly expenses also include $US700 ($A1,028.2) for limousine service, $US4,500 ($A6,609.87) for clothes, $US1,000 ($A1,468.86) for hair and skin treatments, $US1,500 ($A2,203.29) for restaurants and entertainment, and $US8,000 ($A11,750.88) for travel.

At that rate, Douglas-David would burn through $US43 million ($A63.16 million) in less than 16 years

Posted by ChemEnhanced on Mar-19-2009 16:48:

if this is the lifestyle that she has become accustomed to then I think she should get whatever it takes to keep her in that lifestyle.

Posted by zoogla on Mar-19-2009 16:50:

quote:
Originally posted by ChemEnhanced
if this is the lifestyle that she has become accustomed to then I think she should go to jail

fixed imo

Posted by ChemEnhanced on Mar-19-2009 16:58:

quote:
Originally posted by fayraree
fixed imo

if the husband was smart he would have hired an assassin and had her taken out.

Posted by Cribby on Mar-19-2009 17:03:

Who are these people?!

Posted by Ozmozis on Mar-19-2009 17:14:

What a spoiled whore...

Posted by CAKE on Mar-19-2009 17:28:

I truly want to see what 63 million dollar prostitute looks like.

Posted by Yohan on Mar-19-2009 17:31:

Posted by zoogla on Mar-19-2009 17:35:

no. way.

Posted by geroin on Mar-19-2009 17:37:

i would have sex with her for $1,000,000

Posted by CAKE on Mar-19-2009 17:37:

quote:
Originally posted by Yohan

I'd tip her a 5$ for a lap dance

Posted by Abercrombie on Mar-19-2009 18:06:

I'd hit it

Posted by UmmiE on Mar-19-2009 18:22:

quote:
Originally posted by Yohan

Problem Solved.........Next??

Posted by Engine9 on Mar-19-2009 18:30:

you could do better with 63mill

Posted by Abercrombie on Mar-19-2009 19:37:

quote:
Originally posted by Engine9
you could do better with 63mill

He didn't do too badly... a wife 31 years younger than he is... that's better than Mohammed, so give the guy some credit.

Posted by nusty on Mar-19-2009 19:43:

Meh she came from lazard and was probably making over a million a year herself before she left. she should go back and get a day job paying half a mil and stop complaining.