Guy Snags $60M Settlement

Madge keeps her houses in NY and LA and most of her $520M fortune
By Jess Kilby,  Newser User
Posted Oct 19, 2008 5:58 AM CDT
Happier days: Madonna waves to the crowd as Guy Ritchie holds their son Rocco after his baptism at Dornoch Cathedral in Scotland eight years ago.   (AP Photo/Martin Cleaver, file)
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(Newser) – Madge and Guy have already divvied up their loot, and Guy will walk away with $60 million in cash and real estate, the Sun reports. Ritchie adds the couple’s 1,200-acre British country estate and a posh London pub to his $43 million fortune, while Madonna hangs on to her homes in New York and Los Angeles—as well as the lion’s share of her $520 million stash.

Both sides knew what they wanted to keep, making the negotiations quick and relatively easy, said a source. The deal was struck by Madonna’s high-profile divorce lawyer Fiona Shackleton—who represented Paul McCartney earlier this year—in a flurry of phone calls late last week. They’re still working on who gets the kids.