The phrase encapsulates an individual who has undergone the dissolution of a marriage and possesses substantial financial assets, exceeding one billion dollars. This status often involves complex legal proceedings, significant asset division, and potential shifts in social standing. As an example, imagine a prominent tech entrepreneur, whose celebrated marriage ends publicly. The subsequent divorce proceedings would necessitate a careful valuation and allocation of their extensive holdings, impacting both personal wealth and business operations.
The existence of such figures highlights the intersection of personal relationships, legal frameworks, and economic power. The resolution of these high-stakes divorces can establish legal precedents concerning spousal support, prenuptial agreements, and the valuation of complex assets. Historically, the prominence of these cases has increased with the rise of global wealth and the increasing visibility of the ultra-rich through media coverage and public records.