Dale Vince’s ex-wife awarded more than £40m after divorce by High Court judge

WorldBusiness & Finance
18 Jan 2025 • 12:56 AM MYT
The Independent
The Independent

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Kate Vince, the ex-wife of green energy industrialist Dale Vince, has been awarded more than £40 million after their divorce by a High Court judge.

They disputed how money should be split at a hearing in December last year.

Lawyers for Ms Vince told the court in London that her ex-husband was giving away their matrimonial assets, of which she should be entitled to half, including £5,460,000 in donations to the Labour Party between April 2022 and May 2024.

Mr Vince claimed the increase in donations and other spending came from a rise in the value of his businesses and had “nothing at all to do with” the legal battle.

In a judgment on Friday, Mr Justice Cusworth said Mr Vince could pay Ms Vince in three tranches, of £13.94 million, £14.49 million and £15.08 million, including interest, totalling £43.51 million.

The first payment will be made by April 30 2025, with the further two to follow annually.

He said that including “the value of non-business assets she is retaining”, this would leave Ms Vince with £45.64 million, which he said was “an appropriate outcome for these parties”.

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