Porsche billionaire reportedly divorcing wife due to 'dementia-like illness'

• Billionaire Wolfgang Porsche, 79, has reportedly filed for divorce because his wife has dementia.
• Claudia Porsche's health has deteriorated in the past two years, and she has four carers looking after her.
• The two have been together for 16 years and married for 4 years.
• Wolfgang has not publicly addressed the rumours.

According to online reports, the youngest son of Porsche founder Ferry Porsche, Wolfgang Porsche, 79, has reportedly filed for divorce from his wife because she has a "dementia-like illness".

The couple has been together for 16 years and married four years ago. 

Claudia has reportedly not been able to work for several months and has been living with her daughter for two years and has four carers looking after her.

The Mirror UK reports that the Porsche family's assets have been estimated at €20 billion (more than R392 billion).

Claudia Porsche and Wolfgang Porsche in good times.

Photo: Picture Alliance/Getty Images

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While the divorce is in process, German news outlets have reported that since the separation, Wolfgang has been spending more time with his close friend of 25 years, 59-year-old Gabriele Prinzessin zu Leiningen.

Wolfgang has four children, two he shares with director and screenplay writer Susanne Bresser, who he married in 1988. The couple divorced in 2008.

Wolfgang has not publicly addressed the rumours. This article will be updated if any further information becomes available.

Sources: NZ Herald, Mirror UK, Bild

*Note from the editor: This article has been updated.