$100 million divorce drama: Wall Street tycoon alleges wife spent his fortune on her secret lover

Divorces among the ultra-rich often play out like prime-time drama - think explosive emails, million-dollar mansions, and accusations flying faster than lawyers' fees. The latest tabloid tempest? Wall Street heavyweight Jeffrey Leeds, 69, versus his much-younger wife Elizabeth, 43, in a Palm Beach courtroom showdown that's equal parts heartbreak and headline fodder.

After 14 years of marriage, Jeffrey's accusing her of a steamy affair that allegedly blew through their fortune, even leading to a pregnancy. She's firing back with claims of stalking and harassment. With $100 million in real estate on the line, this isn't just personal - it's a high-stakes war over love, loyalty, and liquid assets. Here's what really happened:

The blistering affair allegations

Jeffrey Leeds, founder of private equity powerhouse Leeds Equity Partners, didn't hold back in court filings.

He claims Elizabeth had a "torrid" fling with 66-year-old Miami businessman Alberto Alejandro Tawil - whom he colourfully dubs an "idiot loser" and "grifter." In a leaked February 2025 email, Leeds wrote: "You sneaked out the day I left to f–k that idiot loser." Ouch. He alleges the affair tanked their marriage and their bank account, with Elizabeth transferring her marital cash into Tawil's ventures - like $275,000 into a Mozambique business.

He alleged that she also splurged his money on luxuries, gifts, and salaries for her lover Alberto's 21 household staffers. Jeffrey further snapped, "Just leave us alone and come visit every now and then. You're a part-time mother anyway."

The $100 million divorce: What's at stake

Jeffrey Leeds and his wife Elizabeth's $100 million divorce screams old-money opulence, as per New York Post reports:- A swanky 14-room pad at 740 Park Avenue in Manhattan, worth $22 million.- A $35.6 million Palm Beach mansion - Florida playground for the elite.- A $23.5 million Southampton estate - Hamptons vibes for summer escapes.That's not counting investments, art, or Epstein-adjacent connections that keep Jeffrey Leeds's name buzzing. No wonder tempers flare - these aren't starter homes; they're legacies.

Elizabeth strikes back

Elizabeth's not taking it lying down. She's countersued, painting Jeffrey as the villain: financial harassment, stalking her at kids' school events, yelling, tailing her, and subpoenaing her inner circle - like Tawil and NYC jeweler Anne Baker.

"He's obsessed," her filings imply, turning the narrative from scorned husband to controlling ex. It's classic he-said-she-said, but with kids caught in the crossfire, the human cost skyrockets.

Who gets the Hamptons summers? The Palm Beach pool? Heartbreaking headlines aside, custody and co-parenting loom largest.

Who is Jeffrey Leeds, really?

Jeffrey's no stranger to spotlight shadows. The private equity kingpin built Leeds Equity Partners into a go-to for education and info services deals.

But his past ties to Jeffrey Epstein - a financier infamous for sex trafficking - add sleaze. In a 2002 New York Magazine profile titled 'Jeffrey Epstein: International Moneyman of Mystery', Jeffrey Leeds gushed: "You may read about Jeffrey in the social columns, but there is much more to him than that.

He's a talented money manager and an extremely hardworking person with broad interests." Now, years later and after Epstein being called a paedophile, Jeffrey Leeds swears zero involvement in Epstein's crimes.

No charges, just guilt by glossy association.This story is a reminder: Wealth whispers privilege, but doesn't buy happiness - or clean breaks. For Elizabeth and Jeffrey, what started as vows "in sickness and health" devolved into venomous volleys over villas and vendettas. What are your views on it? Tell us in the comments below.