Hedge fund titan Israel Englander pays $1 billion to ex-wife who left him for a woman
- last year
A divorce that scandalized Manhattan society has been quietly settled for more than a billion dollars, Page Six has exclusively learned.
Billionaire hedge fund manager Israel Englander — one of the world’s richest men — has agreed to pay former wife Caryl upwards of $1 billion after she left him for a woman following more than 40 years of marriage.
The divorce settlement comes after Caryl, 69, filed an astonishing civil lawsuit alleging the 74-year-old Millennium Management co-founder — who is worth $11.3 billion, according to Forbes — “became enraged” when she “fell in love” with Swiss gallerist Dominique 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 the civil suit, filed on February 9, the two women alleged Israel “terrorized” them both in a supposed effort to bilk Caryl out of billions in the divorce by making her sign a 2020 post-nuptial agreement. The filing was mysteriously withdrawn a week later — and the divorce was just settled privately out of court.
Caryl’s lawyer Peter E. Bronstein, from Rottenstreich, Lieberman, Farley LLP, exclusively confirmed to us, “Caryl is happy to have settled their issues privately and amicably. The agreement does not allow either party to discuss the terms.” Israel’s attorney John Teitler didn’t respond to a request for comment.
The Englanders’ 40-year marriage deteriorated in 2016 following Israel’s “repeated unfaithfulness to Caryl,” she and Levy had claimed in the civil lawsuit, filed in New York Supreme Court. Plus, “She fell in love with another woman, Dominique,” the suit states.
Israel — named the highest-paid hedge funder of 2020 with earnings of $3.8 billion — then “set out to terrorize the two women to force a break in their relationship, believing he could intimidate Caryl into ‘waking up’ and coming back to him,” the filing alleged, adding, “As he openly confessed to numerous people in Dominique’s professional circle, Israel vowed to ‘destroy’ Dominique and her business.”
“He simultaneously intimidated and defrauded Caryl into executing a series of trust agreements and other financial documents — culminating in the November 2020 postnuptial agreement — that stripped her of her equitable share of the billions of dollars of marital assets that the couple had built and accumulated together over four decades of marriage,” the suit continued.
The suit also alleged that the hedge fund titan also carried out a “years-long campaign of duress” against the two women, having them followed and photographed, hacking their emails and phones.
Billionaire hedge fund manager Israel Englander — one of the world’s richest men — has agreed to pay former wife Caryl upwards of $1 billion after she left him for a woman following more than 40 years of marriage.
The divorce settlement comes after Caryl, 69, filed an astonishing civil lawsuit alleging the 74-year-old Millennium Management co-founder — who is worth $11.3 billion, according to Forbes — “became enraged” when she “fell in love” with Swiss gallerist Dominique 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 the civil suit, filed on February 9, the two women alleged Israel “terrorized” them both in a supposed effort to bilk Caryl out of billions in the divorce by making her sign a 2020 post-nuptial agreement. The filing was mysteriously withdrawn a week later — and the divorce was just settled privately out of court.
Caryl’s lawyer Peter E. Bronstein, from Rottenstreich, Lieberman, Farley LLP, exclusively confirmed to us, “Caryl is happy to have settled their issues privately and amicably. The agreement does not allow either party to discuss the terms.” Israel’s attorney John Teitler didn’t respond to a request for comment.
The Englanders’ 40-year marriage deteriorated in 2016 following Israel’s “repeated unfaithfulness to Caryl,” she and Levy had claimed in the civil lawsuit, filed in New York Supreme Court. Plus, “She fell in love with another woman, Dominique,” the suit states.
Israel — named the highest-paid hedge funder of 2020 with earnings of $3.8 billion — then “set out to terrorize the two women to force a break in their relationship, believing he could intimidate Caryl into ‘waking up’ and coming back to him,” the filing alleged, adding, “As he openly confessed to numerous people in Dominique’s professional circle, Israel vowed to ‘destroy’ Dominique and her business.”
“He simultaneously intimidated and defrauded Caryl into executing a series of trust agreements and other financial documents — culminating in the November 2020 postnuptial agreement — that stripped her of her equitable share of the billions of dollars of marital assets that the couple had built and accumulated together over four decades of marriage,” the suit continued.
The suit also alleged that the hedge fund titan also carried out a “years-long campaign of duress” against the two women, having them followed and photographed, hacking their emails and phones.