By: Daniella Doria
Billionaire divorce gets ugly as wife hopes to maintain her lavish lifestyle. Alvina Collardeau-Fuchs is the second wife of real estate tycoon Michael Fuchs, a multi-billionaire. She is asking for 50 million dollars in their divorce settlement. He is willing to settle with 33 million dollars, which is more than even their prenuptial agreement allows. The couple married in 2012 and have two children. They became separated and began divorce proceedings two years ago.
Fuchs and Collardeau-Fuchs, who negotiated a pre-nuptial agreement before their wedding, spent much of their time in court this week haggling over credit card bills and a monthly allowance for Collardeau-Fuchs, who once spent a staggering $1 million on a four month stay in Dubai, according to court papers cited by The Real Deal earlier this year as reported by The New York Post.
The New York Post reports the Paris-born Collardeau-Fuchs grew up in London and moved to New York to attend New York University. The future ex-wife’s own instagram lists her interests as being Love, Family, Friends, Travel, Arts… and her job as being the Brand Ambassador to Paris Couture Fashion House Delphine Manivet.
Fuchs claims that Collardeau-Fuchs is not satisfied with a simple millionaire lifestyle and is determined to remain living like a billionaire. Ariel Zilber writes, earlier this year, the High Court in London ordered Fuchs to pay his estranged wife of two years more than $4.7 million every year until a judge decides how much she would receive in a final settlement”.
Patrick Chamberlayne, the attorney representing Fuchs, said in court documents that Collardeau-Fuchs “wants to live like a billionaire, having signed an agreement that she will live like a mere multi-millionaire.” “It is evidence of greed, not need,” Chamberlayne wrote in court documents cited by Bloomberg News.
According to his bio on the realdeal.com, Michael Fuchs is a principal at RFR Realty, which he co-founded in 1991 with his childhood friend Aby Rosen. He oversees office, hotel, retail and residential transactions as well as working on developing new business. RFR’s portfolio includes New York icons such as the Chrysler Building (405 Lexington Avenue) and the Seagram Building (375 Park Avenue), and the company has expanded into markets including Las Vegas and Miami as well as Germany.
Other projects include a a high-end condo conversion at 530 Park Avenue; One Jackson Square, a downtown condo; and a development site between West 44th and West 43rd Streets that could accommodate construction of a building as big as 355,000 square feet.
Fuchs and Rosen got their start buying troubled lenders’ distressed assets from agencies such as the Resolution Trust Corp. Fuchs holds an MBA from the University of Southern California and works with charities including the Jeffrey Modell Foundation and Big Brothers Big Sisters of New York City. Fuchs’ family, like Rosen’s, has been involved in development around Europe for the past 50 years. The German-born Fuchs, who says he has a net worth of $1.1 billion, co-founded Manhattan-based RFR Holding LLC alongside Aby Rosen.
RFR’s real estate portfolio includes the Chrysler and Seagram buildings in Manhattan as well as commercial and residential properties in Miami, Frankfurt, Tel Aviv, San Francisco, Seattle, Denver, and Stamford, Conn.
