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If he persuades the court that New York law applies, their assets would effectively be divided equally in a divorce settlement.
Mary-Kate also dated photographer Maxwell Snow, pictured with Olivier's ex-girlfriend Stella Schnabel at a New York event last December They have worked on a string of fashion labels, and last July debuted their high-end handbag line for The Row at Barneys. The couple has two children who attend one of the city's most prestigious schools and was a fixture on the New York social scene.
Olivier, an asset manager, with his former novacestii online dating Charlotte, with whom he has two children She has also hinted at how breaking up with her one-time boyfriend, Greek shipping heir Stavros Niarchos led to her drop out of NYU in Sarkozy, who has two children and an M.
According to the Post, the two were spotted in the Hamptons over Memorial Day weekend presumably together, or this ain't much of a storyand have been dating for about a month. He spent his childhood in Zambia, Egypt and boarding school in Britain before studying medieval history at the University of St Andrews.
The couple also, crucially, signed a prenuptial contract in France, which Mr Sarkozy said he did at the behest of his new wife's affluent family.
They mingled with the leading lights of showbusiness, finance and the arts. Miss Schnabel's latest film Miral — released on Friday and directed by her father — sees her playing a young Jewish woman who falls in love with a Palestinian man.
But Mrs Sarkozy's lawyer, Robert Cohen — whose previous clients have included the supermodel Christie Brinkley and two former wives of property magnate Donald Trump — argued in the Manhattan Supreme Court last week that as the couple lived in New York, New York law should apply to their estate.
Olivier's mother married an American diplomat when Olivier was seven and they left France. But it is now Mrs Sarkozy who is fighting to overrule the deal after her husband's career proved so profitable.
Nicolas Sarkozy's brother Olivier is threatened with divorce lawyer known as The Pitbull
Olivier met Charlotte Bernard, 40, a writer from a prominent French family, in New York and after a whirlwind romance they married on the exclusive island of Nantucket in Olivier Sarkozy has since been linked in gossip pages to actress Stella Schnabel, 27, daughter of the painter and The Diving Bell and the Butterfly film-maker Julian.
It is not the first time Olsen has been romantically linked to a Frenchman. Just as his elder brother's political star rose, so did Olivier Sarkozy's professional reputation.