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Patricia Kluge files for bankruptcy

By: clo in FFFT | Recommend this post (0)
Wed, 22 Jun 11 5:06 AM | 46 view(s)
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I can't phathom the waste & how that money could have been used in a constructive way while maintaining a wonderful quality of life.
This makes me ill! clo

Patricia Kluge files for bankruptcy

Former socialite Patricia Kluge seems to have hit rock bottom.

The ex-wife of late billionaire John Kluge, known for the extravagant parties hosted at her Charlottesville, Va., estate, has filed for personal bankruptcy protection.

Kluge’s financial woes have been apparent for a while, as she’s been very publicly downsizing—selling her jewelry, art, furniture and gowns at auction to support a struggling winery. The 62-year-old and her third husband William Moses “listed business obligations as their chief debts” in the bankruptcy filing, according to the AP.

A lawyer for Kluge and Moses said, “They're getting on with their lives, trying to discharge their debts and start over."

Kluge managed to blow through quite a fortune. After splitting from her husband in 1990, she was considered to be “the wealthiest divorcée in history” as she acquired the family’s mansion and a massive settlement. 


Shortly after the divorce, Kluge was rumored to be dating then-Virginia Gov. L. Douglas Wilder. In 1989, a year before their marriage ended, the Kluges gave $200,000 to Wilder’s gubernatorial campaign and raised another half-million dollars for him from their friends.

http://www.politico.com/blogs/click/0611/Patricia_Kluge_files_for_bankruptcy.html




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