Businessman worth more than £85m, divorce case High Court judge rules

A businessman and champion motor racing driver has lost the first lap of a divorce court money battle with his estranged wife.

Property developer and saloon car racer Andy Ruhan, 55, told a judge how he had been "very rich".

But he said he was now insolvent and owed £2 million.

Tania Richardson-Ruhan, 49, said Mr Ruhan was making a "false presentation".

She said he remained "vastly rich".

Mr Justice Mostyn has concluded that Mr Ruhan is worth more than £85 million.

He says Mrs Richardson-Ruhan should now spell out how much she wants following the breakdown of a 16-year marriage.

The judge analysed the dispute at a public trial in the Family Division of the High Court in October.

He has outlined his conclusions, after analysing a number of complex business dealings, in a ruling published on Thursday.

The couple had married in 1997 and lived in Chalfont St Peter, Buckinghamshire.

Mr Ruhan told the judge how he had raced saloon cars and won a UK championship title six years ago.

During the hearing, Mr Justice Mostyn described him as "petrol head".

The judge said, in his ruling, that Mr Ruhan had told "lies" in order to "conceal the truth".

A lawyer representing Mrs Richardson-Ruhan said the case would return to court next year for decisions on how much money she should receive.

"The judgment today is a significant step forward in the divorce for Mrs Richardson-Ruhan," said Michael Chapman, based at law firm JMW.

"Mrs Richardson-Ruhan's primary objectives have always remained the same - to arrive at a fair settlement with Mr Ruhan.

"Justice will continue to run its course and we are confident a fair financial settlement will be achieved at the conclusion of the financial remedy proceedings."

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