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Tycoon’s ex fails to grab share of his future cash

Break-up: Kim Waggott fought for more from ex William (below) PICTURE: CHAMPION

A WOMAN has lost her legal battle for a share of the money her multi-millionaire estranged husband has made in the years following the breakdown of their marriage.

Kim Waggott walked away with nearly £10million after her 21-year relationship with travel industry boss William Waggott ended.

But she said Mr Waggott built his career from scratch with her support during the time they were together so she was entitled to a share of the ‘post-separation’ fruits of his career.

Mr Waggott, a boss at travel firm TUI — formerly Thomson — said Mrs Waggott’s claim should be rejected.

Court of Appeal judges Sir James Munby, Lord Justice Moylan and Mr Justice MacDonald yesterday ruled in his favour.

Earlier the judges heard Mr and Mrs Waggott — aged 54 and 49 at the time of the October hearing — met in 1990, married in 2000 and lived near Great Missenden, Buckinghamshire.

They separated about six years ago after Mr Waggott twice had affairs.

Judges heard Mrs Waggott and the couple’s teenage daughter remained in Great Missenden while Mr Waggott, who had become chief financial officer at TUI Travel in late 2010, moved to Markyate, Hertfordshire.

Neither were in court yesterday to hear the ruling, which lawyers said may have implications for others making similar claims. Mrs Waggott mounted the appeal after a family court judge made rulings on the division of money at a hearing in London.

Recorder Andrew Tidbury rejected Mrs Waggott’s claim to a share of future earnings.

He also said Mrs Waggott, who is an accountant but stopped work around the time the couple’s daughter was born, should take steps to return to the job market once she had started to rebuild her life.