Christian Horner the husband of Spice Girl, Geri Halliwell Horner, is about to see a large increase in his net worth, according to reports that state the former Red Bull F1 President is to receive a whopping £80 million payout after being let go by the organisation. The 51-year-old released a statement on Monday, announcing his departure from his role, which he has held since 2005. The dad of two was dismissed by the company and replaced by Laurent Mekies back in July, 17 months after he was accused by a female colleague of "inappropriate behaviour". He was twice cleared of the claims by the team's parent company, Red Bull GmBH. The female complainant was suspended on full pay, and an appeal by the complainant was also later dismissed. Christian denied the accusations throughout.
Since being let go, Christian, who had a contract until 2030, remained an employee until a settlement was reached. In a statement on Monday, Christian said that leading Red Bull had been "an honour and a privilege". He added: "My biggest satisfaction has been assembling and leading the most amazing group of talented and driven individuals and seeing them flourish as a subsidiary of an energy drinks company and seeing them take on and beat some of the biggest automotive brands in the world." Red Bull is yet to confirm the exact figures of Christian's settlement. The Times reported that Christian will receive over £80 million for his departure, and he will be expected to serve a period of gardening leave before taking up a role with another F1 team, which he could do from the middle of next season if he gets an offer.
© Getty ImagesAs his big payout about to take place, join HELLO! as we take a look at Christian and his wife Geri's net worth...
Shared fortune
Prior to his recent £80 million fee, Christian, who tied the knot with Geri in May 2015, had built up an impressive net worth over the years. According to Celebrity Net Worth, the former racing driver was worth a whopping $50 million (£36.7 million). He kicked off his career as a racing driver, became team principal of the GP2 Series team Arden Motorsports in 1999, and later took on the role of team principal of Red Bull Racing in 2005 - a gig which landed him a reported annual salary of £7.7 million.
© Getty ImagesAccording to The Times, Geri and her husband are estimated to be worth £440 million. The former Spice Girls' fortune can be attributed to her musical career, her acting roles, and her more recent venture – writing children's books.
The pair own numerous impressive properties, including two family homes in Oxfordshire and Hertfordshire. Their properties boast everything from swimming pools to a boating lake and even their very own farm at their country estate near Banbury.
