Home | Breaking News | Ocado boss, 46, worth £125m ditches wife for Polish model TWO DECADES his junior
Tim Steiner, 46, has moved in with gorgeous 27-year-old model Patrycja Pyka

Ocado boss, 46, worth £125m ditches wife for Polish model TWO DECADES his junior

WT24 Desk

THE milionaire boss of online shopping giant Ocado has dumped his wife to set up home with a stunning 27-year-old Polish model, The Sun reports. Mega rich businessman Tim Steiner, 46, moved in with gorgeous Patrycja Pyka following a split with his wife of 14 years. The lovers now live together in large detached house just around the corner from Steiner’s £15million mansion in Highgate, North London.

 But the tycoon, who revolutionised online shopping, is now embroiled in one of Britian’s biggest divorces and may be forced to part ways with some of his £125 million fortune.Steiner cites “unreasonable behaviour” as the reason for splitting from wife Belinda, the mother of his four children, in documents made publicly available.  But the former lovers are still thought to be at loggerheads over the terms of the settlement.

According to a source close to the couple, Mr Steiner has hired Paul McCartney’s former divorce lawyer Fiona Shackleton to settle the dispute. Mr Steiner, who was faithful to his wife until their marriage collapsed, was last year pictured walking hand-in-hand with his new girlfriend at the launch of an exclusive Mayfair spa.

Mrs Steiner, however, is said to be in bits over the break up. Mr Steiner married the 45-year-old in 1999 at Hampstead Garden Suburb Synagogue in North West London. A source told the Mail Online: “I don’t get the impression Belinda has had a choice in getting divorced. “Belinda and Tim got to know each other long before Ocado.

“She is from a respectable North London Jewish family from the Hampstead area.  “She was a very glamorous young woman and they met, got married and had children quite quickly.”  Mr Steiner went to Haberdashers’ Aske’s school in Elstree, Hertfordshire, before reading economics, finance and accountancy at Manchester University.

He worked as a bond trader for Goldman Sachs in London, New York and Hong Kong for eight years before quitting to launch Ocado in 2000. The entrepreneur had the idea after reading about a grocery delivery company that went bankrupt in the US. He believed the concept would thrive in the UK, where the population density is far higher.

Mr Steiner set up Ocado with Jonathan Faiman – with whom he had attended nursery school – and fellow Goldman Sachs banker Jason Gissing. They each took a 90 per cent salary cut and raised the money from venture capitalists, friends and relatives as they initially went into partnership with Waitrose.

Ocado now claims to be the world’s largest dedicated online grocery retailer, with more than 500,000 regular customers.

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