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Anger of tycoon's wife at court's 'disgraceful' £20m divorce payout

By Brian Farmer

The estranged wife of a property tycoon who was awarded a £20m lump sum by a High Court judge has complained that it isn't enough.

Michelle Young (49) insisted that husband Scot (51) was worth "billions" and described Mr Justice Moor's award as "disgraceful".

Mrs Young said it was not the settlement she deserved and said she wanted to appeal.

Mr Justice Moor assessed Mr Young to be worth £40m – after analysing evidence at a hearing in the Family Division of the High Court in London – and said Mrs Young was entitled to half.

And he said Mr Young should pay £5m of a £6.5m legal bill run up by Mrs Young.

But he said Mr Young's passport – seized by the court more than four years ago – could be returned to him.

"It's disgraceful... he's worth billions," said Mrs Young, after the ruling.

She added: "This isn't over."

Mr Young, who says he suffered a financial "meltdown" seven years ago, said: "I don't want to say anything."

Mr Justice Moor said he knew Mrs Young would find it hard to enforce his order but said Mr Young would never be free of the debt.

The judge had heard that the Youngs, who live in London and have two daughters, separated in 2006 after starting a relationship in 1989.

Mrs Young, who had employed 13 sets of lawyers and four sets of accountants over the years, claimed Mr Young had hidden "a vast fortune".

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