Africa’s ‘youngest billionaire’ Ashish Thakkar gets setback in divorce case - News Summed Up

Africa’s ‘youngest billionaire’ Ashish Thakkar gets setback in divorce case


Based on his disclosed public and closely held assets, Ashish Thakkar could have a net worth of about $450 million, according to the Bloomberg Billionaires Index. Photo: BloombergLondon: Ashish Thakkar, who co-founded Africa banking conglomerate Atlas Mara Ltd. with ex-Barclays Plc head Bob Diamond, lost a ruling over the ownership of family assets in a London divorce case, with a judge questioning Thakkar’s truthfulness. Judge Philip Moor ruled that Thakkar, and not his mother and sister, was the owner of disputed assets in the divorce. Thakkar says he has assets of £445,532 ($553,000) while his wife, Meera, says he’s far richer. Based on his disclosed public and closely held assets, Thakkar could have a net worth of about $450 million, according to the Bloomberg Billionaires Index.


Source: Mint February 21, 2017 13:18 UTC



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