How do wealthy people hide money in a divorce, according to James Sexton?

James Sexton describes two patterns. Some people who look rich, often celebrities after a hit, are actually leveraged to the hilt, leasing their cars and borrowing against everything. Others, whom he calls careful planners or worse, hold assets through companies and trusts set up for tax and estate planning, so on paper they own almost nothing. Lawyers then have to reconstruct whether a transfer was made in good faith or as a fraudulent move in contemplation of divorce.

• Sexton once represented a client with three Bentleys and a McLaren, none of which he owned outright.
• He recalls early crypto cases where judges did not understand the difference between Bitcoin and Ethereum or what a hard wallet was.

Source: our own transcription of the episode. The full conversation is on The Diary Of A CEO with Steven Bartlett (2026-10-30). Read the whole episode summary →

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