Ken Griffin claims his estranged wife spends $1M per month

Written By Unknown on Selasa, 24 Februari 2015 | 10.46

$300,000 for a private jet.In additional to making the potentially embarrassing monthly expenses public, Griffin told the court that his wife exaggerated her accomplishments while running her own hedge fund.Dias Griffin, through a spokeswoman, said Griffin "continues to lie with impunity."

"Who knows what the truth is?" said James Feldman, a Chicago divorce lawyer not involved in the case.

Griffin is paying expenses for Dias Griffin and their three children while their divorce winds through the courts. But he has already cut off her credit cards and banned her from their homes in New York, Aspen, Miami and Hawaii, according to court papers.

Griffin claims that Dias Griffin, who was worth only $1 million when they married, has already received about $40 million through their prenuptial agreement.

Dias Griffin, 43, has claimed that she shut down her hedge fund, Aragon, to raise the couple's three children. She is seeking sole custody.

But Griffin claimed in the new court filing last Friday that Aragon was shuttered because it was losing money.

Griffin, 46 years old and worth $5.5 billion, said that he was the largest single investor in Aragon after their marriage in 2005 until Dec. 31, 2009, accounting for 70 percent of the capital in 2006.

The fund lost 5 percent in 2010 and 11 percent in 2011, causing Griffin to exit the fund in 2011. "Under Anne's management, Aragon lost money for four consecutive years," he said in the filing.

Dias then tried to start a new hedge fund, Navarra, in 2010, and Griffin gave her $30 million for that venture, he said in court papers.

"In just a few months under Anne's oversight, Navarra had incurred cumulative losses of over 10 percent and ceased operations," he said in the filing.

Griffin's hedge fund, Citadel, a $24 billion behemoth, is among the top-performing ones around. Last year, its flagship funds gained almost 19 percent and were up 2.8 percent in January.

The toxic tussle isn't just about Dias Griffin wringing more money out of Griffin. She's also trying to tear up the pre-nup that barred her from moving with the kids to New York or San Francisco.

Dias Griffin believed Chicago was "unsophisticated."

The two fought over that matter on the eve of their wedding.

While they were arguing, Griffin destroyed a piece of furniture and behaved in an "angry, violent and intimidating way," she claimed in earlier court papers.

The powerful hedgie denied any violent behavior. He said he "inadvertently" pulled a bedpost out of the bed but replaced it.


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