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Thursday, February 18, 2016

Oil trader blew £600,000 on drink, drugs and prostitutes ..wife is awarded £7.4million of their £13.6m fortune

16 years of marriage only for David Rapp to blew £600,000 of their fortune on drink, drugs and call girls.

Wife, Francoise, home maker, successfully argued she should get more than half of their £13.6m fortune, gets a £7.4m ... £1.2m more than her husband 


Judge -
"When approaching the wife’s budget, the judge is entitled to take account, as I did, of the parties’ high standard of living during the marriage."


 Francoise RappDavid Rapp
Photo: Mail
David Rapp (right) and his wife Francoise (left) enjoyed a life of luxury for 16 years, living in a £3.5million flat in one of London’s most prestigious addresses and spending almost every weekend in Monte Carlo

David Rapp and his wife Francoise enjoyed a life of luxury for 16 years, living in a £3.5million flat in one of London’s most prestigious addresses and spending almost every weekend in Monte Carlo, but David was a drinker, drug addict and user of call girls. After years of putting up with it, Francoise walked out in 2009.


http://i.dailymail.co.uk/i/pix/2016/02/18/20/3159F0A800000578-3453428-image-a-39_1455825966700.jpg
Photo: Mail
Luxury living: Their former £3.5million London home
In divorce proceedings, she claimed that she should get more than half of their £13.6million fortune, but her ex-husband argued he should not be punished for his addictive ‘illness’ with a lesser share.
Attorneys for the David Rapp, pointing to the vows they took on their wedding day in 1994, said she had taken him ‘for better or worse’ and should have accepted him as he was.
In 2014, a family court judge awarded 47-year-old Mrs Rapp a £7.4m slice of the fortune - £1.2m more than her husband - and yesterday senior judges upheld the award.
The judge said it was necessary to ensure that the wife, who has no hope of making a living, can meet her £170,000-a-year needs.
The assessment of a spouse’s needs includes a consideration of the way in which the parties led their lives whilst together,’ she said.
‘When approaching the wife’s budget, the judge was entitled to take account, as he did, of the parties’ high standard of living during the marriage.’


Crourtesy: Mail

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