Grandma always advised that it is just as easy to fall in love with a rich person as it is a poor one. But this author's grandma was admittedly ahead of her time. By 1960, good old Grandma had already been married three times and was once again single. She died relatively pennyless as an example of good advice never taken. I wonder what the subject of today's story would say about Grandma's advice?Michael Polsky's estranged wife was awarded $184 million Monday in Chicago. This appears to be one of the biggest divorce verdicts in U.S. history. Maya Polsky , a 55-year-old homemaker and art gallery owner, filed for divorce from her husband in 2003. Judge William Boyd ruled in October that Maya Polsky was entitled to half of the Chicago couple's assets. Her share was estimated at $176 million. However, on Monday, the judge amended his decision to include previously omitted assets that increased the value of her award to $184 million. Attorney, Howard Rosenfeld, said more than $170 million of the award is nontaxable cash. He said "
She's very much satisfied with the court's decision. She thinks she was fairly treated by the court," The couple married in 1975 in Kiev, Ukraine. They arrived in the United States in 1976 with only four suitcases and $500 in cash. In 1980, they moved from Detroit to Chicago, where Michael Polsky became wealthy in the energy business. Michael Polsky 's attorneys may appeal Monday's decision. "He ...always believed that this shouldn't have been a 50-50 split," attorney Joseph Tighe said. David Meyer, a law professor at the University of Illinois said the Polsky case is "remarkable and historic" because of the size of the award and the split of the estate equally. "Gaetano Ferro, president of the American Academy of Matrimonial Lawyers, said he wasn't aware of a bigger award in the U.S. Michael Polsky is now president and CEO of Invenergy Wind LLC, a Chicago-based wind energy company. This case has become the rally cry for some Marriage Strike Advocates.
Update 8-27:
There is a separate article on Marriage Strike dated 7-28-07 in the Archives. LINK
Update 1-8-08: Best reason for a prenuptial agreement? Rupert Murdoch, developed his worldwide media empire when he inherited his father's Australian newspaper in 1952. He was married to
Anna Murdoch for 32 years. They split amicably in 1998. The divorce was finalized in June 1999 when Rupert agreed to let his ex-wife leave with
$1.7 billion worth of assets, $110 million of it in cash. Seventeen days later, Rupert married
Wendi Deng. I wonder if he was smart enough to get a prenup?
Update 3-24-08 Heather Mills got 48.6 million from her split with Paul McCartney? Bet he wishes he would have had wings to fly away a heck of a lot cheaper!