The most expensive divorce in history

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The saga of what was dubbed “the most expensive divorce in history” has apparently ended after Russian billionaire Dmitry Rybolovlev and his ex-wife Elena said they had reached an amicable deal.

The former couple did not reveal the size of the monetary settlement but said in a joint statement that the deal on the terms of the divorce “puts an end to all legal procedures launched in different jurisdictions”.

Mr Rybolovlev, 48, who became wealthy during the post-Soviet privatisation of the Russian economy, has been in the news this year after his legal battle with Swiss art dealer, Yves Bouvier.

The Russian oligarch, who owns AS Monaco football team and lives in the Mediterranean principality, accuses Mr Bouvier of selling him art works of Picasso, Modigliani, Degas and Gauguin at hugely inflated prices.

His bitter and very public divorce battle began in 2008 – after a 23-year-long marriage – and worked its way through the courts until May 2014, when a Swiss tribunal awarded Elena Rybolovlev more four billion Swiss francs (£2.7 billion).

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