Monday 30 January 2012

RBS chief gives wife £8m mansion in divorce then rents £4m apartment.....

Stephen Hester's fortune has taken a large blow after not only having his annual bonus cut to just under £1 million, but his recent divorce from his wife has set him back an £8million mansion as well as £4million on renting an apartment for himself.

The Royal Bank of Scotland chief and Barbara, his Canadian-born wife, separated in 2010 after 20 years of marriage and raising two children together. Mr Hester's name has now been removed from the ownership documents of their majestic mansion worth £8.6million.

The couple purchased the five-bedroom, four-bathroom mansion in one of the London’s most exclusive areas in 1995 for £1.78million.



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