Laura Dale & Associates, P.C.
Se Habla Español Nous Parlons Français
Call 713-574-7952 or 888-572-6059

Billionaire's son Robert Soros files for high net worth divorce

Considerable wealth is good fortune paired with tremendous responsibility. The legal view of property changes when Houston couples marry or divorce. Texas community property laws ensure divorcing spouses receive equal shares of marital property.

The more you own, the more you have to protect at the end of a marriage. Assets may be widespread like ownership of one or more businesses, domestic and foreign investments and intellectual property -- each carrying unique characteristics and values. Just the job of tallying up assets can be a difficult task.

Philanthropist billionaire George Soros, 83, is no stranger to the effects of personal relationships on finances. Soros, whose net worth is valued by Forbes to be $23 billion, had a property dispute with a former girlfriend, even as he married for the third time last year. A 30-year-old Brazilian actress unsuccessfully sought damages for an unfulfilled promise – the financier changed his mind about purchasing a $1.9 million home for the woman.

Robert Soros, the billionaire's 50-year-old son, also is facing a property settlement. The high-ranking executive with Soros Fund Management is ending a 22-year marriage. Robert Soros and his wife Melissa Robin Schiff have a prenuptial agreement, although reports say wording in the contract could be called into question.

The couple has two adult children and several homes, including a city property valued at $13 million, a cottage worth $9 million and a farm. The terms of the prenuptial agreement and other assets were not disclosed. Each spouse has retained high-powered attorneys.

Whether assets and debts from a marriage are few or spouses are involved in a high net worth divorce, property is divided two ways. Separate property does not have to be shared as long as it has not been commingled with marital property. Affluent couples often make financial arrangements through prenuptial or post-nuptial agreements to avoid possible disputes in the event of divorce.

Source: New York Post, "Billionaire George Soros’ oldest son in nasty divorce" Julia Marsh, May. 12, 2014

No Comments

Leave a comment
Comment Information

Client Testimonials

  1. Laura Dale the best Family Law attorney I have ever met... Posted by John...Listens, takes your calls, tells you the truth (even when it may not be what you want to hear)... Read More

  2. The Best...Posted by a Child Custody client... Laura Dale handled my international child custody and divorce matter. I am an attorney in Houston and was referred to her... Read More

  3. A Meticulous, Knowledgeable, Attorney with Heart...Posted by a Child Custody client... Laura was not the first attorney that my husband and I interviewed for an extremely complex... Read More

  4. Top Notch, Hands Down - The Best...Posted by Tammi, a Child Custody client... Laura Dale has been absolutely the best attorney I could have found for my difficult child custody... Read More

Contact Our Experienced Team Today | Se habla español | Nous parlons français

Due to the experience our lawyers have in many specialized areas, you can rely on us to put together the right team to handle your case, even if it centers on complex issues such as international family law, business valuation or bankruptcy. Contact us today to make an appointment to discuss your needs with a knowledgeable lawyer.

Login to Client Portal

Laura Dale & Associates, P.C.
1800 Saint James Place
Suite 620
Houston, TX 77056

Toll Free: 888-572-6059
Phone: 713-574-7952
Fax: 713-600-1718
Houston Law Office Map