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Saudi billionaire facing expensive UK divorce

Walid Juffali’s family owns one of Saudi Arabia’s largest conglomerates

Photo for illustrative purposes only
Photo for illustrative purposes only

A Saudi billionaire is facing what could be one of the UK’s most expensive divorce claims.

The Daily Mail reports that Christina Estrada, a former supermodel, is divorcing her husband Walid Juffali after he married a second wife – his third in total –  Lebanese TV presenter Loujain Adada.

With an estimated family fortune of $6.2 billion, Ms Estrada is reportedly seeking three of the couple’s properties in the UK, worth an estimated $90 million, as well as a substantial payout. Included among the portfolio is a seven-bedroom home in Knightsbridge.

Juffali divorced his first wife Basma Al Sulaiman in 2000 after 24 years of marriage, paying her $62 million.

Juffali’s family own one of Saudi Arabia’s largest conglomerates, EA Juffali & Brothers, which has a long list of multinational corporations as partners, including IBM, Siemens, Ericsson, Mercedes-Benz, Michelin, Massey-Ferguson, Electrolux, Kelvinator, Carrier, Dow Chemicals and DuPont.

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