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Madonna and Guy Ritchie Announce Divorce

October 15, 2008 12:05 PM ET

After seven years of marriage and countless rumors, Madonna's spokesperson announced today that the singer and her husband, director Guy Ritchie, have agreed to divorce. The statement was co-signed by representatives of both Madonna and Ritchie. The pair have not agreed on a settlement on their combined $525 million worth, the majority of which is the Material Girl's. The couple had two children, Rocco and David Banda, who was adopted from Malawi in 2006. Rumors of an imminent split have been a gossip page favorite for the past few years but reached a crescendo in July with allegations that Madonna was having an affair with New York Yankee slugger Alex Rodriguez. While Madonna and Ritchie initially denied the rumors, it ultimately felled A-Rod's own marriage. Madonna is currently in the throes of her Sticky & Sweet Tour, while Ritchie is lensing Sherlock Holmes with Robert Downey Jr. and Jude Law.

Related Stories:
Madonna Denies Divorce Rumors, A-Rod Affair
Madonna's "Sticky & Sweet" Tour Rolls Into New York With Reworked Hits, Virtual Britney
Madonna Likens McCain to Hitler At First "Sticky" Tour Stop

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