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Wednesday, December 15, 2010

Liz Hurley could end up poorer

British actress Liz Hurley, right, with her (ex) husband Arun Nayar. Hurley could end up losing a chunk of her fortune.

Actress Elizabeth Hurley could lose a substantial chunk of her £13mil fortune to her husband if they divorce.
Despite Arun Nayar’s reputation as a tycoon, his wealth is believed to be vastly exceeded by hers.
The Daily Mail has discovered the couple did not sign a pre-nuptial agreement before their lavish wedding ceremonies in India and Britain in 2007.
A source revealed: "A pre-nup would have been a deal-breaker for Arun. He has his pride."
Hurley, 45, announced on Sunday that her marriage to 46-year-old Mr Nayar was over after pictures emerged of her kissing cricket legend Shane Warne.
The News of the World said she spent two nights in a London hotel with the Australian womaniser last week, after months of exchanging flirtatious messages on Twitter. Her husband was said to be devastated by pictures of the pair enjoying a passionate embrace.
The actress and model is understood to be preparing to visit 41-year-old Warne in Melbourne in the New Year, to fulfil a promise to appear on his TV chat show, Warnie.
Yesterday she posted a message on Twitter telling her fans: "Thank you for all your very, very nice messages x".
Warne confirmed on his website that his own marriage was over. Though divorced, he still lives with ex-wife Simone Callahan and their three children.
The couple were reportedly heading towards a reconciliation, but Warne wrote: "Sadly and unfortunately, Simone and I split up a while ago, our close friends and family were informed at that time. It is a private matter so we did not make it public. We remain friends and will continue to be good parents."
He added on Twitter: "Hope that clears things up for everyone who is interested."
Hurley has ploughed much of her fortune into property. She is the sole owner of the sprawling £4.3mil farmhouse where she and Nayar live in Gloucestershire, and her £2.5mil Chelsea townhouse is still jointly owned by her and her ex-boyfriend Hugh Grant.
Mr Nayar comes from a wealthy family in India, analysis of his finances suggests much is dependent on future inheritance.
He has no known assets in the UK. None of his friends contacted yesterday could say exactly what he does for a living, and he was not available for comment.
London divorce lawyer Ayesha Vardag said: "He would be very unlikely to get half Hurley’s fortune because her assets were mainly acquired before their marriage."
However, she said he could demand she buys him a substantial house, to keep him in the style to which he has become accustomed.
Source: www.dailymail.co.uk

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