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Madonna Will Pay Ex $76M

Custody of couple's children yet to be settled

By the Associated Press

Posted Dec 15, 2008 2:16 PM CST

(AP) – Madonna has settled her divorce with Guy Ritchie for at least $76 million, the singer's rep said today. "I'd assume it's one of the largest payouts ever in a divorce settlement," Liz Rosenberg told the AP. The settlement could total as much as $92 million, including the value of the couple's home in western England. Ritchie will also hang on to a pub the couple owns in London. She added while the financial component of the settlement had been worked out, custodial arrangements for the couple's children have yet to be finalized.

Madonna, center, performs during a concert, part of  her Sticky and Sweet tour at the Maracana stadium in Rio de Janeiro yesterday.
Madonna, center, performs during a concert, part of her "Sticky and Sweet" tour at the Maracana stadium in Rio de Janeiro yesterday.   (AP Photo)
In this Sept. 1, 2008, file photo, British director Guy Ritchie, left, and his wife, Madonna, arrive for the world premiere of his film Rock n Rolla in London.
In this Sept. 1, 2008, file photo, British director Guy Ritchie, left, and his wife, Madonna, arrive for the world premiere of his film "Rock n Rolla" in London."   (AP Photo)
In this image released by Warner Bros., Gerard Butler, left, and Idris Elba, right, listen to director Guy Ritchie on the set of Rock n Rolla.
In this image released by Warner Bros., Gerard Butler, left, and Idris Elba, right, listen to director Guy Ritchie on the set of "Rock n Rolla."   (AP Photo)
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Madonna and Guy Ritchie in happier times.   (itn)

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Copyright 2012 Newser, LLC. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. AP contributed to this report.

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