Citadel Founder's Wife Seeks Monthly Alimony Payments of $1 Million

Feb 26 2015 | 10:07am ET

The wife of Citadel founder Ken Griffin is demanding alimony payments of $1 million per month and full custody of the children. The CEO of the $20 billion Chicago investment firm filed for divorce from his wife Anne Dias last year.

Dias' hefty alimony requests include expenses such as $140,000 a month for hotels, $6,800 a month for groceries, $7,200 a month for restaurant meals, $8,000 a month for gifts, and $2,000 a month for stationery, according to a report from CNBC.

The couple, originally married in 2003, have three children under the age of eight and four nannies. While Dias claims the $1 million per month payments are necessary to support her family, he claims the  demands include "exorbitant expenses" that are meant to suit her lavish lifestyle, and not those of the children.

The budget also includes $300,000 per month for private jet usage.

According to his attorney, Dias also no longer wants to live in Chicago, a town that she considers to be "unsophisticated." Dias, who was born in France, would prefer that her family lives in San Francisco or New York. However, given that his operations are based in Chicago, the potential strain on his children has been a source of contention, according to reports. Griffin is seeking joint custody in the proceedings.

"The children have friends and extended family in Chicago. Anne's parents live just blocks away from the marital residence (and) Ken's mother, whom the children visit frequently, lives in a suburb," said Griffin's attorney.

However, Dias argues that Griffin has continually mischaracterized her over the duration of their proceedings."Ken Griffin, one of the wealthiest men in the world, continues to lie with impunity and to brutally and shamelessly attack the mother of his children in an effort to avoid his financial responsibilities to his family," said her spokesman to Crain's Chicago Business.


In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...

 

FINalternatives Trending

From the current issue of