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Please don't be fooled by "she took 70% of his money on divorce" news Please don't be fooled by "she took 70% of his money on divorce" news
Society | Culture

These are all agenda fuelled news to rile up a certain section of society. There are multiple reasons you should never believe these news :

  1. There is no math or formula to find out how much percentage a woman got after divorce. The distribution can be very complicated. No one can give a fixed number. So these 50% , 70% number is just bogus.

  2. I work in the industry of managing money for these 1% rich. Most of these people have their wealth under a trust set up or through a company. Their personal name does not have too much.

No one can put all their assets in one page and say - you have 100 cr, you'll have to give u 50cr. It's divided into multiple assets, multiple names and entities. Infact, no one, let alone these news agencies, know how much money any celebrity has. So how can they say how much they gave up to their ex

Also the law and formula behind the distribution is also never 50% of everything. It's based on each asset class, when it was acquired etc.

3. Most importantly, these rich people don't represent us at all. Their reality is very different from the rest of the country.

Don't be riled up and start thinking about how unfair laws are for these people. Poor xyz had to give up 50% of his wealth to her ex wife. It's usually never true.