T. Boone Pickens: Collaborative Divorce Saved Me Big $$
Though Donald Trump is getting all of the press these days, it was not too long ago that another divorced billionaire was in the headlines. T. Boone Pickens, the oil magnate and proponent of windfarms and use of natural gas vehicles, also happens to have used the collaborative divorce process to separate from his former spouse. And, according to Pickens, collaborative divorce saved him millions.
From the Dallas Business Journal:
Billionaire T. Boone Pickens is clearly a man who knows a good deal when he sees one.
That’s why he used a collaborative divorce approach in his recent parting of ways from his fourth wife, Madeleine.
Pickens told a room full of lawyers about his experience Friday during a lunchtime panel in Dallas.
The State Bar of Texas didn’t let me into the room for his talk, saying it was a paid, private event, but I was able to grab a couple of comments from Pickens on the way out of the Hotel Palomar.
The collaborative approach saves both money and emotional wear and tear on families, the energy tycoon told me.
“Collaborative law keeps everything on a high level, and everybody cooperating,” Pickens said.
I asked him how much the collaborative approach saved him? Read more →