- City Fajr Shuruq Duhr Asr Magrib Isha
- Dubai 04:32 05:49 12:21 15:48 18:47 20:04
Former supermodel Christina Estrada poses for the cameras in front of the High Courtat Royal Courts of Justice, Strand on July 8, 2016 in London, England. Ms Estrada won £53m GBP In a divorce settlement with her ex-husband, Saudi Billionaire Sheikh Walid Juffali. (Getty Images)
Saudi businessman Sheikh Walid Juffali passed away in Zurich on Wednesday following a lengthy battle with cancer.
Earlier this month his ex-wife, former Pirelli calendar girl Christina Estrada, took the 61-year-old to the High Court where her fight for a share of his fortune became one of the highest-stakes divorce battles of its kind.
The former supermodel was awarded £75 million from her ex-husband but the settlement could now get delayed after his death.
Had he died before the case was concluded, the 54-year-old model's property claim would have become irrelevant.
However, the court hearing was brought forward due to his worsening health.
Juffali did not appear in court in person as he was receiving treatment in a Swiss hospital.
However, the settlement is now legally binding. London High Court Family Division judge had ordered the sum to be paid by 4pm on July 29 but this is likely be delayed while Dr Juffali's affairs are put in order.
American-born Ms Estrada and Juffali, who was chairman of Saudi Arabia's EA Juffali and Brothers, met in 2000 and married soon afterwards.
Juffali then decided to take another wife, a 25-year-old Lebanese model, and divorced Estrada without her knowledge.
Their marriage ran into difficulty after Juffali's decision in 2012 to re-marry. He got into union while still married to Estrada.
Estrada wanted £196million from the businessman to meet her 'reasonable needs' - which included two luxury houses, a huge clothes budget and five cars.
The model rejected an offer which, added to her own assets, would have given her some £37million to live on.
She was ultimately awarded a £53million cash settlement at London's High Court - with lawyers saying the payout is worth £75million when assets she has already been given are taken into account.
Her lawyers said the award she received was "by more than £50million the largest needs award ever made by an English court".
Estrada claimed her 'needs' included £1million for clothes, £40,000 for fur coats, £109,000 for haute couture dresses and £21,000 for shoes every year.
Follow Emirates 24|7 on Google News.