The scandalous divorce in Manhattan society ended quietly for over a billion dollars, Page Six specifically learned.
Billionaire hedge fund manager Israel Englander, one of the richest men in the world. It has agreed to pay ex-wife Caryl up to $1 billion. After she left him for a woman after more than 40 years of marriage.
The divorce settlement came after Caryl, 68, filed an astonishing civil lawsuit. Allegedly, the 74-year-old co-founder of Millennium Management, valued at $11.3 billion, according to Forbes, was “furious” when she “fell in love” with Swiss gallery organizer Dominic Levy, 55.
She owns the prestigious Dominique Levy Gallery on Madison Avenue, which sells works by artists such as Gerhard Richter, Frank Stella, Cindy Sherman and Jackson Pollock.
In a civil lawsuit filed Feb. 9, the two women accused Israel of “threatening” the couple in an attempt to charge Caryl billions in divorce proceedings. By having her sign a postnuptial agreement in 2020, the filing was mysteriously retracted a week later. And the divorce was finalized privately outside of court.
Caryl’s attorney, Peter E Bronstein, of Rottenstreich, Lieberman, Farley LLP, assured us solely that “Caryl was happy to resolve their issue personally and amicably. The agreement does not allow either party to discuss terms.” Israeli lawyer John Teitler did not respond to a request for comment.
The Briton’s 40-year marriage deteriorated in 2016 after Israel “Repeatedly cheating on Caryl,” she and Levy have claimed in a civil lawsuit filed with the New York Supreme Court. Additionally, “she fell in love with another woman, Dominic,” in the suit.
Israel — named the highest-paid hedge fund manager of 2020 with $3.8 billion in earnings — then “set out to terrorize two women to force a relationship of both of them are broken believing he could intimidate Carrill to ‘wake up’ and come back to him.” “While he openly confessed to many in Dominique’s professional circle, Israel vowed to ‘destroy’ Dominique and her business.”
“In parallel, he threatened and defrauded Caryl of pursuing a fiduciary agreement and other fiscal documents ending in a post-nuptial agreement in November 2020, which allowed her to receive an equal share of the marital assets. The billions of dollars worth both of them have created and accumulated together. Over four decades of marriage, ”the case continues.
The lawsuit also alleges that the hedge fund titan also took action. “Years-long bullying campaign” against two women by letting them follow and take pictures Hack their emails and phones.
It also accused him of doing It allegedly sparked an ACS investigation into the scrupulous treatment of her children.
Then, “in late September 2017, while Caryl and Israel were celebrating the Jewish High Holidays with their families, Israel let Caryl stay with their children without her consent. and reveals Caryl’s relationship with Dominique, whom he calls ‘the viper’.
“Israel abused Carillon in front of their children and blamed Dominic for destroying their family. And he put a price tag on Caryl’s happiness: He told their children that Caryl’s relationship with Dominique would cost them $450 million in taxes if Caryl and Israel separated or divorced,” the indictment added.
Due to Israel’s “campaign of terror” . Forfeit the combined billions of dollars of assets she and Israel built together over their 40-year marriage.”
Israelis receive “more than 95% of the value of their marital property and almost controlled only a handful of assets and funds that Caryl had,” the filing alleges.
A source said of the fight, “He terrified Carill of the living hell. And he scares her girlfriend. Dominique’s art business nearly collapsed. He tried to cut off most of his clients. and threatened to kill her in this business because he was so powerful.”
The former couple, who married in 1975, have three grown children.
A second source tells us that many in society believe that Caryl’s decision to leave Israel for Levy “brings him immense humiliation. Made worse by the fact that Caryl left him for a woman during his lifetime was the talk of New York society.”
The massive divorce settlement is said to include part of the former couple’s massive real estate portfolio and a large art collection.
In 2014, a Brit paid a record $71.3 million for a duplex apartment at New York’s swanky 740 Park Ave. It is one of the city’s landmark buildings for electricity brokers, according to Bloomberg.
They reportedly bought a luxurious 18-room apartment for family members to visit, although there was another apartment in the building.
Then, in 2020, they bought a $38 million townhouse on E75th Street from the struggling Sackler family, where Purdue Pharma, along with their company, had spent the last years embroiled in the opioid crisis scandal that erupted. America’s Ongoing
The ex-husband also owns a massive waterfront estate in Greenwich, Connecticut valued at over $25 million, featuring six bedrooms and 11 bathrooms on nearly 10,000 square feet.
Israel also owns a $22 million apartment in Paris, purchased in 2022. The ex-husband previously listed two Miami Beach penthouses worth $45 million last year.
They have previously been named one of the top 200 art collectors in the world. and is also a prominent figure in New York’s philanthropic circles. It has given millions of dollars to Jewish organizations. including the Jewish Museum
Israel sits on the board of directors of Weill Cornell Medical Center, and Caryl, a photographer, is chairman of its board. International Center of Photography
