According to Forbes magazine,Freedman, Michael. , Forbes, March 17, 2003. Luis Noboa's heirs spent $20 million in legal fees culminating in a ruling by a British court: "In November 2002 a London judge found that Álvaro rightfully owned a 49% stake in Fruit Shippers Ltd., the holding company for the family business. That stake is worth $300 million, we estimate. Noboa, who has made our billionaire's list previously, claims his assets are worth at least $1 billion. 'It was a full victory,' Noboa said.
