Although the current record stands at $180 million, The Mirror is projecting a Michael Spencer, a brokerage firm executive and Tory party treasurer, and his wife's divorce could top that figure.

Spencer and wife Lorraine were married 25 year when they split late last week. He's ranked 62nd wealthiest person in Britain; she's looking at a major payout, as recent settlements have awarded as much as 50 percent to exes.

The Telegraph reported on his vast sums, ranking Spencer Britain's fifth most powerful banker:

"...he has homes in Holland Park, New York, and Suffolk, a large private wine cellar and an extensive art collection. For his 50th birthday, he threw a $2.75 million party near St Tropez, with live music from Robbie Williams."

Yes, pop star Robbie Williams, who played one hour of his greatest hits for a mere $1 million.

Just as Spencer indulges, he also knows how to hand over the cash to just causes. His brokerage firm, ICAP, which he founded in 1986, rings in the holidays every year with Charity Day. Traders compete to raise the most money, donating all profits to organizations of their choice. Last year's total: $12 milion.

Get ready for a hefty settlement. Looks like Charity Day might come twice this year...

Photo: thisismoney.co.uk