.

Paul McCartney Divorce Settlement: $48.7 Million

March 17, 2008 11:24 AM ET

The divorce saga between Paul McCartney and his estranged wife Heather Mills has finally come to an end, with Mills receiving £24.3 million, or $48.7 million. Mills originally sought $250 million of Macca's supposed $1.6 billion fortune, but the judge in the case ruled the McCartney's total assets were only worth $800 million. In addition to today's ruling, McCartney will also have to pay $70,000 a year in alimony for the couple's four-year-old daughter, as well as school and nanny fees. "I'm so glad it's over," said Mills. "It was an incredible result in the end to secure mine and my daughter's future and that of all the charities that I obviously plan on helping and making a difference with — because you know it has been my life for twenty years." Thankfully for McCartney, he reportedly has a $400 million deal in place with Apple and iTunes to release the Beatles catalog digitally, which will help lessen the post-Mills wallet hit.

To read the new issue of Rolling Stone online, plus the entire RS archive: Click Here

prev
Music Main Next
Around the Web
Powered By ZergNet
Daily Newsletter

Get the latest RS news in your inbox.

Sign up to receive the Rolling Stone newsletter and special offers from RS and its
marketing partners.

X

We may use your e-mail address to send you the newsletter and offers that may interest you, on behalf of Rolling Stone and its partners. For more information please read our Privacy Policy.

Song Stories

“Bird on a Wire”

Leonard Cohen | 1969

While living on the Greek island of Hydra, Cohen was battling a lingering depression when his girlfriend handed him a guitar and suggested he play something. After spotting a bird on a telephone wire, Cohen wrote this prayer-like song of guilt. First recorded by Judy Collins, it would be performed numerous times by artists incuding Johnny Cash, Joe Cocker and Rita Coolidge. "I'm always knocked out when I hear my songs covered or used in some situation," Cohen told Rolling Stone. "I've never gotten over the fact that people out there like my music."

More Song Stories entries »
 
www.expandtheroom.com