Skip to main content

Forget the Paltrow-Martin split, this is the juicy divorce of the day

updated 9:40 AM EDT, Wed March 26, 2014
British financier Nathaniel Rothschild took to Twitter to share his anger with his former business partners.
British financier Nathaniel Rothschild took to Twitter to share his anger with his former business partners.
  • British financier and his Indonesian business partner take their disagreements to Twitter
  • Joint business failed to meet expectations; company announced details of split this week
  • Rothschild and Bekrie exchange insults and accusations about families, business online

(CNN) -- Business partners tend to limit their disagreements to the boardroom. With the happiness of their shareholders in mind, it doesn't pay to air dirty laundry in public.

So when two of the world's foremost tycoons began venting anger at each other publicly, it was bound to attract attention.

British financier Nat Rothschild joined forces with Indonesia's Bakrie family in 2010 with the ambitious plan to create a blue chip UK-listed mining company.

But with coal prices falling and allegations of financial irregularities, the company had lost half its value by 2012. By the time talks started about a possible split, its shares had lost 80% of their value, public reports show.

In December, shareholders voted for separation and on Tuesday, the final details were agreed.

So while the celebity-focused world watched as Gwyneth Paltrow and Chris Martin announced their "conscious uncoupling," business circles were preoccupied by a very different -- and very public -- "divorce."

The two tycoons took to Twitter to vent their feelings about the failed partnership, and what followed was a quite spectacular exchange of words.

Judge for yourself:

Read more from CNN Business:
Nina dos Santos: EU and U.S. need to renew their vows
Judo partner and personal banker: 10 of Putin's close aides targeted by sanctions

Part of complete coverage on
updated 4:04 AM EDT, Thu October 9, 2014
Liberia, Sierra Leone and Guinea -- the three countries facing the biggest health crisis -- are also facing huge bills to try and contain the virus.
updated 9:16 AM EDT, Mon September 22, 2014
Twitter has lost its position in the top 20 coolest brands for the first time in three years.
updated 11:54 AM EDT, Thu September 25, 2014
As the crisis in Iraq escalates, CNN looks at how Iraq could crack down on ISIS' oil riches under the guidance of its new oil minister, Adel Abdul Mahdi.
updated 4:42 AM EDT, Fri August 29, 2014
Recep Tayyip Erdogan is Turkey's new president . So can he revitalize its economic fortunes?
updated 1:24 PM EDT, Fri September 19, 2014
Experts share their tips on cities they see as emerging financial hubs...they're not where you think.
updated 11:11 AM EDT, Thu October 9, 2014
Growing numbers of us are willing to serve as bank, teacher or travel agent to people we have never met, and entrust them to serve us in turn.
updated 8:44 AM EDT, Thu August 28, 2014
The European Union is stepping in to save its dairy from going sour.
updated 8:36 AM EDT, Mon August 18, 2014
Europe's deteriorating relationship with Russia has hit the region's growth, even before new food sanctions begin to bite.
updated 12:34 PM EDT, Wed July 16, 2014
With cyberattacks on the rise and here to stay, it's a modern-day challenge for people and businesses to get smarter about preventing them.
updated 9:24 AM EDT, Thu August 14, 2014
Airstrikes, rebels seizing control of oil fields, plus a severe refugee crisis are a recipe for market panic. So why are Iraq oil prices stable?
updated 7:24 AM EDT, Fri September 19, 2014
Peer-to-peer finance lets businesses bypass bank loans. Creative companies with quirky ideas find new lending models advantageous.
updated 11:24 AM EDT, Sun July 20, 2014
Evidence points to pro-Russian separatists as perpetrators of the attack and Vladimir Putin is facing questions, David Clark writes.
updated 5:52 AM EDT, Wed September 3, 2014
CNN's Jim Boulden looks on the future of online shopping.
updated 10:40 AM EDT, Tue August 5, 2014
The biggest Ebola outbreak in history is taking its toll in Western Africa, hitting some of West Africa's most vulnerable economies.