Wealthy Rogoff settles, with help from ex

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BY CRAIG MEDRED
CRAIGMEDRED.NEWS

One of the richest men in the United States – David Rubenstein – is buying his ex-wife out of the wreckage of the would-be newspaper empire that collapsed around her in Alaska.

Former-spouse Alice Rogoff – the one-time publisher of the now-dead Alaska Dispatch News/ADN.com – has agreed to drop claims the failed business owed her $16.6 million and pay $1.5 million to settle claims lodged against the company when it went bankrupt last year, according to a flurry of court documents filed in the Anchorage Bankruptcy Court today.

One of those documents says, “Rogoff has made an irrevocable request to her ex-husband, who has agreed through his counsel, and in writing, to direct a portion of payments due to Rogoff pursuant to the document or documents setting forth the terms of the parties’ divorce settlement to be deposited” to pay Rogoff’s debts.

One of the founders of the Carlyle Group, Rubenstein, then 68, and Rogoff, 66, divorced late last year after a lengthy separation that saw her take up residency in Alaska while he remained on the East Coast.

The terms of the settlement were not disclosed, but it was thought be in the tens of millions if not hundreds of millions of dollars. As one of the financial masters of the universe, Rubenstein’s wealth has been estimated as high as $3 billion.

[Read More: Rogoff settles]

 

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