A CNBC Origina -- Divorce Wars -- CNBC goes inside the confidential world of the multimillion-dollar divorce revealing the secrets of winning and losing on a battlefield of emotional pain and financial gain.
Discover what happens when a marriage worth millions falls apart. CNBC’s “Divorce Wars” takes you inside the battle for control, power and revenge that comes when couples become combatants. Powerful people suddenly find themselves powerless as they discover how great wealth can be a liability.
“Divorce Wars” explores the bitter emotional battlefield and how the wars that rage are more than just about money. We’ll reveal the latest techniques for winning the war through the eyes of several high net worth break-ups, including the divorce of Justine and Elon Musk. You’ll also meet a divorcee who turned a $750-thousand settlement into $15 million after an 18-year battle. And, we’ll look at one woman who built a business funding the weaker side in divorce cases for a percentage of the final settlement.
Find out the secrets behind the money, the lies, the emotional pain, and the financial gain that happens when wealthy couples go from trusted allies to warring factions in CNBC’s “Divorce Wars.”
Current DateTime: 07:34:44 29 May 2012 LinksList Documentid: 41193254
Divorce Wars: Justine & Elon Musk The breakup of Justine Musk and her husband Elon Musk, co-creator of Paypal and CEO of Tesla Motors, is labeled America’s messiest divorce by Marie Claire magazine. Justine challenged a post-nuptial agreement signed weeks after their wedding day.
Divorce Wars: Bill Lasky Bill Lasky was a successful CEO for a number of NYSE corporations, with a reported net worth of $50 million, when he married his wife. But seven years later the marriage ended in divorce and Bill learned a hard financial lesson.
Divorce Wars: Margaret Spenlinhauer The allegation that a spouse is hiding money is not unusual in a divorce. It took Margaret Spenlinhauer 18 years to prove her ex-husband hid assets from her during their divorce. When it was finally over, she settled for $15 million.
Divorce Insurance After a divorce left him broke, businessman John Logan had an idea to begins selling divorce insurance. He opened Wedlock, an insurance company that provides a financial safety net in case of divorce.
Divorce Funding Following a lengthy divorce battle, Stacy Napp started Balance Point Funding, a business providing fight money from private investors to underdogs who have a good chance of winning the divorce. Balance Point pays for lawyers and accountants... and then takes a percentage of the “winnings.”
Current DateTime: 07:34:45 29 May 2012 LinksList Documentid: 42074406
After a divorce left him broke, businessman John Logan had an idea to begin selling divorce insurance. He opened Wedlock, an insurance company that provides a financial safety net in case of divorce. Logan talks about the stress of leaving a marriage.
Gerald Nissenbaum, divorce attorney and author of Sex, Love and Money: Revenge and Ruin in the World of High Stakes Divorce, talks about cheating on a spouse.
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Current DateTime: 07:34:46 29 May 2012 LinksList Documentid: 42073384