Gunnstaks Law Office
Handling High-Value, High-Conflict Family Law Cases

Contact Our Firm Today

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Billionaire couple to divorce; where will the money go?

Another high-profile couple has announced their divorce. In this case, it's pharmaceutical tycoon Stewart Rahr and his wife of 43 years who are splitting. Rahr, who is worth an estimated $1.6 billion, will join the ranks of other billionaires who recently have faced divorce proceedings. Some of them, like Philadelphia Eagles owner Jeff Lurie and coal magnate Joseph Craft, saw their names fall off the Forbes 400 list following their divorces, their fortunes depleted by expensive proceedings and unfavorable settlements. While Rahr may not necessarily lose his billionaire status as the result of divorce, he likely will face many of the issues common in a high net worth divorce.

Asset division can be a difficult issue in any divorce, but more assets can mean more conflict. A complicating factor in a high net worth divorce is the need to locate and value assets such as business investments, overseas bank accounts, fringe benefits, and executive perks. Comprehensive valuation is critical for equitable asset division.

Another issue that often arises in high asset divorces is whether one spouse must pay spousal support to the other. When one spouse has substantial earning power, spousal support may be awarded so that the other spouse can continue to maintain a lifestyle similar to what the couple had during marriage.

While any divorce can be emotionally draining, a high net worth divorce can be even more challenging. An experienced divorce attorney can be consulted to ensure asset division, spousal support, and other issues are resolved in a manner appropriate for the parties involved.

Source: Forbes, "Will Divorce Knock Stewart Rahr Off Billionaires List?" Caleb Melby, Dec. 4, 2012

No Comments

Leave a comment
Comment Information
  • Press Release
  • Board Certified | Texas Board of Legal Specialization
  • Avvo Rating 10.0 Superb
  • LCA | Litigation Counsel of America | FELLOW Gunnstaks Law Office, Attorneys & Lawyers, Plano, TX 10 Best 2015 Client Satisfaction | American Institute of Family Law Attorneys

Office Location

Gunnstaks Law Office
5601 Granite Parkway, Suite 350
Plano, TX 75024

Toll Free: 800-806-0186
Phone: 972-590-6572
Phone: 800-806-0186
Fax: 214-619-0636
Plano Law Office Map

Call For Appointment Map