Property tycoon to give evidence in divorce court battle

13 October 2017 8:45AM

A property tycoon embroiled in a divorce court money battle with his estranged wife is preparing to give evidence.

Andy Ruhan, 55, is pleading poverty, a judge has been told at a trial in the Family Division of the High Court in London.

A lawyer representing his estranged wife Tania Richardson-Ruhan, 49, has told Mr Justice Mostyn that he will have to decide whether Mr Ruhan has now ''fallen spectacularly from grace'' and has ''nothing''.

Mr Justice Mostyn began analysing evidence earlier this week and Mr Ruhan is due to put his side of the story on Friday.

The judge has said he might make rulings relating to what assets were available before deciding how much Mrs Richardson-Ruhan should get following a marriage breakdown.

Mr Ruhan has been involved in property development in a number of countries over many years, Mr Justice Mostyn has heard.

The couple had married two decades ago and lived in Chalfont St Peter, Buckinghamshire.

Barrister Sally Harrison QC, who is leading Mrs Richardson-Ruhan's legal team, has said Mr Ruhan once netted £87 million after investing £6 million.

She has told of two yachts - Lady K II and Babylon - and said Mr Ruhan had been badly hurt in a helicopter crash 15 years ago.

But she said he was now ''pleading poverty''.

She told the judge: ''You will have to decide whether the husband, who on any account has been a phenomenally successful entrepreneur, has fallen spectacularly from grace so that now he has nothing.''

Miss Harrison indicated that it would be ''almost impossible'' for Mrs Richardson-Ruhan to quantify how much her husband was worth.