In what could be one of the most expensive divorce cases in Illinois’ history, Chicago billionaire Ken Griffin has filed for divorce from his wife of more than ten years, Anne Dias Griffin. Griffin is the founder and CEO of the hedge fund Citadel LLC and Dias Griffin is the managing partner of a financial company.
The Cook County filing was made public on Thursday and indicates that the couple entered a premarital agreement before tying the knot in 2003. In the filing, Griffin asked for joint custody of the couple’s three children, who are all under the age of 6.
Dias Griffin has retained a family law attorney who is known for representing women in high-profile divorce cases. His past clients reportedly include Christie Brinkley, Ellen Barkin and Uma Thurman, and he is known for his aggressive approach.
In a statement released Wednesday through the lawyer, Dias Griffin said she had no notice of her husband’s plan to file for divorce. She added that the filing came just after she had left for summer vacation with the couple’s three children, giving her no opportunity to put together a response.
In many cases, high-profile couples attempt to settle their divorce cases privately through negotiations with their attorneys or a mediator. However, that is not always the case and sometimes the negations fail, resulting in one party beginning the litigation process by filing a divorce petition with the court.
The benefit to settling a divorce case out of court is that the details remain confidential. On the other hand, when the court intervenes the documents filed are almost always open to the public.
However, even after a divorce case has been filed, it’s still possible for the parties to work out a settlement in private that will remain off public record.
Source: Chicago Tribune, “Hedge fund billionaire Ken Griffin files for divorce,” Becky Yerak, July 24, 2014