divorce settlement

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Billionaire Who Bought Grindr Gets Very Expensive Divorce

Zhou Yahui will give his wife shares worth $1.1B

(Newser) - The Chinese billionaire who owns a majority stake in Grindr will be slightly less of a billionaire after his divorce from his wife, Forbes reports. Zhou Yahui agreed to transfer 278 million shares of his company, Beijing Kunlun World Wide Technology Share Company, to his wife, Li Qiong. The shares... More »

Amber Heard Gives Full Divorce Settlement to Charity

$3.5 million will go to combating violence against women

(Newser) - The Amber Heard-Johnny Depp divorce saga has ended with a peaceful settlement —and a stinging retort to those who accused Heard of being after Depp's money. Heard announced Thursday that she is giving the entire $7 million settlement to charity, People reports. "As described in the restraining... More »

Ex-Model Makes History With $97M Divorce Settlement

'This is what I am accustomed to,' Christina Estrada says

(Newser) - Former model Christina Estrada made history Friday when she received a stunning $97 million divorce settlement from a British court, the Telegraph reports. And even that was less than half what she was asking. The settlement includes cash and assets from her ex, Saudi businessman Walid Juffali, and is the... More »

Billionaire's Divorce Details: $82K on Groceries

Ken Griffin says wife Anne Dias wants $24K a year for stationery

(Newser) - Chicago hedge fund billionaire Ken Griffin and his money manager wife are embroiled in a contentious divorce, and the couple's battles over money had CNBC last month asking, "How can three kids under age 10 cost $1 million a month?" That after court papers indicated Anne Dias Griffin... More »

Oil Magnate Loses Favorite Geode in $1B Divorce

Harold Hamm will pay ex-wife $322M now, $7M a month starting in 2015

(Newser) - Oil tycoon Harold Hamm got two horses named Star and Uno, firearms, and family photos, but he lost his favorite geode to his ex-wife. The 68-year-old Continental Resources CEO still has "billions to spare," though, even after an Oklahoma City judge ruled yesterday that he must pay Sue... More »

'Most Expensive Divorce in History' Ordered

Russian tycoon has to pay ex-wife $4.5B

(Newser) - Dmitry Rybolovlev, the Russian oligarch so wealthy that his daughter Ekaterina bought New York City's most expensive apartment to use when she visits the city, is about to lose a huge chunk of his riches. After a six-year legal battle, a Swiss court has ordered the billionaire to give... More »

Millionaire to Ex-Wife: Stay as My Housekeeper

Mysteriously, she 'became aggressive,' court hears

(Newser) - A wealthy British man asked his ex-wife to stay on as his housekeeper after he moved another woman into the home they shared—and couldn't understand why the offer made his partner of 30 years "so aggressive," a court heard this week. The man, now in his... More »

Rupert Keeps Fox; Wendi Gets Apartment

Murdoch divorce said to be almost finalized

(Newser) - As the Murdoch divorce approaches finalization, settlement details are emerging: Don't expect any changes to 21st Century Fox or News Corp, the Los Angeles Times reports. Rupert will keep both properties, as well as his Beverly Hills home and newly-acquired Moraga Vineyards, though New York will remain his primary... More »

Judge Tells Divorcing Couple to Split House, Literally

It's a sign of tough financial times in Spain

(Newser) - These are no ordinary times in financially strapped Spain, and this is no ordinary divorce ruling as a result: A judge in Seville has ordered a couple to split their home—and she is not speaking figuratively, reports the Local . The judge says the couple should go on living at... More »

Could This Be the Priciest Divorce Ever?

Harold Hamm could end up paying wife Sue Ann quite a large sum

(Newser) - America's biggest oil baron could soon be setting another record—but this one's not so good. Harold Hamm's second wife, Sue Ann Hamm, filed for divorce last year, and the financial settlement could end up trumping the $1.7 billion current record-holder Rupert Murdoch paid ex-wife Anna... More »

All Katie Gets From Tom: Child Support

Cruise gives Holmes no lump sum, no spousal support

(Newser) - In accordance with a TomKat prenup, Katie Holmes won't be getting a dollar of spousal support in her divorce settlement. The only money she'll see is child support—and relatively little of it, TMZ notes. Tom Cruise owes his ex $400,000 a year in child support, far... More »

Tiger Woods' Ex Tears Down $12M Mansion

Elin Nordegren now planning 'dream house' on Florida site

(Newser) - Somebody's got too much money. Tiger Woods' wronged ex-wife wasn't quite happy with the $12 million, 9,000-square-foot North Palm Beach mansion she purchased last year—so she's knocking the whole thing down, reports TMZ . Elin Nordegren plans to build her "dream house" on the same... More »

Husband Burned by Madoff Wants New Divorce Deal

He lost his share of settlement in Ponzi scheme

(Newser) - Bernie Madoff is messing up divorce settlements now, too. A husband wants his wife to give him back millions of dollars because he lost his share of their combined wealth in Madoff's Ponzi scheme, reports the New York Times . Steven Simkin and Laura Blank split up in 2006 and... More »

10 Priciest Divorces Ever

Think Tiger's paying a lot? He's still not tops

(Newser) - Tiger Woods’ reported $750 million divorce payout is big, but not big enough to top the Daily Beast's list of the 10 costliest divorces (it comes in second—a distant second):
  • Michael and Diandra Douglas: She walked away with half his fortune—$45 million—and could still get more. She’
... More »

For $750M, Elin Has to Zip It

And Tiger can't introduce girlfriends to his kids

(Newser) - Elin Nordegren's whopping $750 million divorce settlement from her roving duffer isn't coming without strings attached. She has to keep her mouth shut, and promise not to speak publicly about her troubled marriage to Tiger Woods and his nearly countless lovers for the rest of her life, the Sun reports.... More »

Berlusconi Loses $105M Villa in Divorce

Veronica Lario will take reduced alimony payment

(Newser) - Love hurts, but it's divorce that's pummeling Silvio Berlusconi's wallet, reports the Independent . He's agreed to fork over a $105 million villa that soon-to-be ex-wife Veronica Lario is extremely attached to, and she in return will settle for alimony much less than the $5.3 million a month she had... More »

Revamped Bonuses Screw Up Wall St. Divorces

Deferred stock payments complicate settlements

(Newser) - Wall Street’s new post-crisis pay structures are making divorce a complicated proposition for many bankers, traders, and executives. To encourage long-term thinking, many bonuses are now composed largely of stock that can’t be converted to cash for years. It’s “throwing a massive monkey wrench into the... More »

Berlusconi Wife Seeks $64M-a-Year Divorce

Veronica vows to 'make things messy' if demands not met

(Newser) - Silvio Berlusconi's string of sex scandals may leave him saddled with one of the most expensive divorce settlements in human history. His estranged wife, Veronica Lario—who announced she was leaving the "ridiculous" Italian leader earlier this year after his bimbo eruptions—is seeking a divorce settlement of $5.... More »

Cleese Not Laughing About $20M Divorce

(Newser) - Holy Monty Python. John Cleese has a whopping $20 million check to write in a California divorce settlement, and he's not happy about it. “What I find so unfair is that if we both died today, her children would get much more than mine," grumbled the 70-year-old star.... More »

Prosecutors Eye Savio Divorce in Peterson Case

Ex-cop risked losing hundreds of thousands of dollars in split

(Newser) - Drew Peterson prosecutors are scrutinizing his divorce from Kathleen Savio as they ready their murder case against him, the Chicago Tribune reports. Peterson could have lost hundreds of thousands of dollars in the pair’s split—but Savio was found dead in a bathtub one month before the trial that... More »

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