A Manhattan hedge financier, one of the richest men in the world, paid his ex-wife over $1 billion in a divorce settlement after she left him for an exhibition hall, scandalizing New York City high society.
Israel Englander, 74, reportedly paid Karel Englander, 64, over $1 billion after settling their divorce privately after 40 years of marriage.
Karel is happy to settle their cases privately and amicably. Her attorney, Peter E. Bronstein, said the agreement did not allow either party to discuss terms Page six.
Karel left her husband, worth $11.3 billion, for Swiss dissident Dominique Levy, 55, who reportedly sent Israel into a fit of rage and “horror” women after he was “deeply offended” that she left him for a woman.
Their relationship fell apart in 2016 due to Israel’s “repeated betrayal of Karel,” she alleged in a civil suit. She also stated in the lawsuit that she fell in love with Dominique.
Israel Englander, 74, reportedly paid Karel Englander, 64, over $1 billion after settling their divorce privately after 40 years of marriage
Karel (right) left her husband, who has a net worth of $11.3 billion, for Swiss exhibit maker Dominique Levy, 55 (left), which scandalized New York City high society, which reportedly sent Israel into a fit of rage and Women ‘terrorized’ and ‘forced’ Karel to sign postnuptial agreement’
The suit was later dropped just weeks before their divorce was finalized.
Before settling them, Carell alleged that Israel hired private investigators, made false calls to report child abuse to the NYPD, and embarked on a media smear campaign.
The suit alleged that the billionaire “set out to terrorize the two women into severing their relationship, believing he could terrorize Karel into ‘wake up’ and come back to him.”
In court documents obtained by The New York Post, the couple claimed that the enraged ex-husband embarked on a “year-long campaign of coercion” against the two women.
They claim that Englander hired private investigators to follow and photograph them; hack their emails; and interfered in their family’s lives, with Englander going out with Karel and referring to Levi as a “snake” in front of his and Karel’s children.
Israel attacked Karel in front of their children and blamed Dominic for destroying their family. And he put a price on Karel’s happiness: He told their children that Karel’s relationship with Dominic would cost them $450 million in tax liabilities if Karel and Israel separate, separate, or divorce, the lawsuit said.
She eventually signed the postnuptial agreement “under duress” after not eating or sleeping due to stress, causing “the forfeiture of billions of dollars of joint marital property that she and Israel had built together over more than 40 years of marriage.”
Her ex-husband gained control of “95 percent of the value of the marital assets.”
In the court filing, the duo alleged that Englander paid to follow and “vigorously” watch them in New York and abroad as well.
Their relationship was rocked in 2016 by Israel’s “repeated betrayal of Karel,” she claims in civil suit
Her new boyfriend lives at 432 Park Avenue (long and middle building), where she recently bought an apartment for $91 million.
In August 2017, the two women went to Italy, followed by private eyes, they claim.
Carell and Levi Englander are accused of ordering the “near-constant” surveillance, claiming that he “apparently knew exactly where Carell was going and what she was doing at all times,” court documents alleged.
Court documents allege that Englander “wanted to punish Karel and deny her her fair, lawful share of the billions of dollars in marital assets that he and Karel had built together over the course of their marriage.”
They also asserted that he also attempted to “ruin” Levi’s gallery by contracting with a firm to obtain classified information from its business and falsely claiming it had carried out tax fraud “to US authorities, in an effort to prompt an unwarranted government investigation of it”. claims suit.
Widely considered one of New York’s most influential art dealers, Levi operates out of her Upper East Side Gallery, as well as galleries in Mayfair, London, Paris and Hong Kong.
She accuses Levi and her friend Englander of trying to ruin her reputation by slandering her in front of prominent figures at Christie’s and Sotheby’s, and even threatening to stop giving away his lucrative works to auction houses if they continued to work with her.
The English married in 1975 and share three adult children (pictured: Karel with her children and grandchildren)
According to the suit, Englender attempted to weaponize the media against Levy, by giving reporters advice about alleged wrongdoing.
Court documents allege he attempted to “get the media to attack Dominique,” with a Bloomberg reporter sending several inquiries to Levy suggesting clandestine business dealings — forcing Levy to hire a media relations specialist.
In September 2017, Levy was reported to the NYPD for abusing her children, who were then ages 7 and 14 — and Levy and Carell claimed Englender was behind the false accusations.
The agency conducted several examinations of its children at home and at school, making them strip naked to check for bruises, according to the file.
The lawsuit says she was eventually forced to file a lawsuit against the New York Police Department and the New York Department of Children’s Services to protect her family.
Karel Englander further claims that her ex-husband made her sign the documents without her lawyer present, and concealed the true value of his wealth.
He promised to leave them alone, she said, if she signed the divorce agreement: in 2020, she complied.
Dominic owns the Dominic Levy Gallery on Madison Avenue (pictured)
Carell claims her ex-husband has “more than 95 percent of the value of the marital assets, and near complete control of the assets and what little money is available to Carell.”
Carell claimed that her friends and attorneys recommended that she not sign.
The couple married in 1975 and have three adult children.
Born in Brooklyn and working on Wall Street before founding Millennium Management in 1990, Israel and his ex-wife were high society philanthropists. The couple gave generously to hospitals and cancer charities as well as Jewish organizations, and were well-known patrons of the arts, funding exhibitions at the Guggenheim and MoMA.
In December 2017, Carell bought a $60 million penthouse in the Park Avenue tower overlooking Central Park, which Jennifer Lopez and Alex Rodriguez also called home.
He remained in the $71 million Park Avenue mansion he bought in 2004.
The couple also owns a $25 million waterfront estate in Connecticut and a $38 million East 75th Street Townhouse, which they purchased from the Sackler family.
They also listed two Miami Beach penthouses for $45 million.
Israel also owned an apartment worth $22 million in Paris.
Dominque recently purchased a $91 million condo at the elusive 432 Park Avenue on the 92nd floor, overlooking Central Park.