Hedge fund manager Bill Ackman and his wife Karen Ann Herskovitz divorced after 25 years of marriage.
Familiar with the matter said that Ackman had no prenuptial agreement and the divorce will probably cost him tens of millions of dollars.
In the family assets to be split are the family apartment estimated at $ 35 million, waterfront estate in Bridgehampton worth about $ 22 million and penthouse in the One57 building, which costs 90 million dollars.
A spokesperson for Ackman declined to comment beyond asking for privacy for the family.
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