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Harry and Katherine LeFrak to be society’s next mega-divorce

Avisionews by Avisionews
April 22, 2022
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Harry and Katherine LeFrak to be society's next mega-divorce
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Simply as we’re catching our breath after the Macklowes’ and Mugrabis’ multibillion-dollar matrimonial meltdowns, Web page Six hears there’s one other mega-divorce within the offing.

Sources say actual property mogul Harrison LeFrak — who’s reliably on the Forbes listing of the richest People — is splitting from his spouse, Greek delivery heiress Katherine Embiricos LeFrak, who’s price — actually — a fortune.

“Katherine is devastated,” an insider shares, although one other supply says the couple mutually got here to the choice to separate and that neither certainly one of them initiated it.

The pair had a son in 2019. A supply says they married throughout the final 5 years.

A spokesperson for the household tells us, “This can be a household matter that must be resolved privately and amicably in the most effective pursuits of a younger little one, and Mr. LeFrak will do every part doable to succeed in that decision. He’s saddened that different events have chosen to debate this publicly.”

Harrison, referred to as Harry in society circles, is the fourth era of his household to run the huge LeFrak actual property operation.

Harrison LeFrak and Katherine Embiricos LeFrak posing together at a formal event.
The couple, seen right here in 2018, share a son.
Patrick McMullan through Getty Picture

According to Forbes, his great-grandfather — additionally named Harry — began the agency in 1901 when he purchased a 120-acre farm in Williamsburg, Brooklyn.

“His son Sam entered the household enterprise and helped gasoline huge enlargement because the post-Conflict development increase flourished,” the cash magazine writes.

The household agency famously owns the huge LeFrak Metropolis in Queens in addition to industrial actual property all around the nation.

Harrison and his brother, James, are actually co-managing administrators of the corporate, which is helmed by their father, Richard LeFrak.

As of 2015, Forbes mentioned the LeFraks had been price $6.6 billion, making them the forty fourth richest household in America.

Katherine, in the meantime, is an inheritor to the Embiricos Greek delivery fortune. Her sprawling household has been within the business for generations.

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Tags: HarryKatherineLeFrakmegadivorcesocietys
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