Belle Burden, an heiress of the Vanderbilt family, faces criticism over statements in her memoir, “Strangers: A Memoir of Marriage.” The book, released in January, details the collapse of her marriage to hedge fund executive Henry Davis. Burden claims she nearly lost everything after divorce due to a prenuptial agreement, a focal point of her narrative.
Scrutiny Over Prenuptial Agreement
The New Yorker examined the prenuptial agreement, suggesting Burden may have overstated her financial struggles. In her book, Burden described how Davis insisted on modifying the agreement so shared assets were divided equally, while individual assets remained separate. This left Burden vulnerable when she left her corporate law career to raise their children while Davis progressed in finance.
The overall picture is of a person whose long-term financial security appeared guaranteed.
At marriage in 1999, Davis earned around $200,000 annually, while Burden’s assets, including a $63 million trust from her father, signified secure wealth. Despite limited access to the trust, Burden controlled other funds like an $8 million charitable trust share and a 11-room co-op that sold for $22 million.
Financial Discrepancies Questioned
Burden’s memoir expresses her difficulty maintaining homes following the divorce, claiming they would lose both homes. Public records show she purchased properties worth millions, with mortgages covering substantial portions. The New Yorker highlights her maintained wealth throughout the marriage, citing income exceeding $800,000 in 2019.
During their settlement, Davis relinquished rights to their homes, a $3 million investment, and other assets. He agreed to substantial child support and covering educational and healthcare expenses.
Belle Burden’s Response
In response to scrutiny, Burden stands by her memoir, emphasizing her emotional journey and acknowledging her privilege. She shared that her aim was to inspire financial transparency among women in marriages.
Despite criticisms, Burden’s narrative captures her struggles and reflections on marriage, wealth, and independence.