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Madonna Divorce Settlement: $75 Million

12/15/08, 3:23 pm EST


Photo:Mabromatoa/AFP/Getty

The divorce settlement between Madonna and her ex-husband Guy Ritchie has finally been confirmed by the singer’s rep. The deal calls for Ritchie to receive roughly $75 million of Madonna’s estimated $490 million worth. Part of the $75 million sum includes the couple’s country home in western England as well as a pub that was co-owned by the couple. The sum is also about twice what Paul McCartney had to pay when he divorced Heather Mills, and stands on record as perhaps the highest divorce settlement in U.K. history.

“I’d assume it’s one of the largest payouts ever in a divorce settlement,” Madonna’s rep Liz Rosenberg said. The divorce is expected to become final in January, with custodial arrangements for the couple’s children still needing to be worked out. According to sources, the Material Mom reportedly plans to leave London and relocate back to New York City. Madonna should have no problem recouping the money lost in the divorce settlement as her Sticky & Sweet tour continues to break records for highest-grossing tour by a female solo artist.

Related Stories:

Madonna Tour Rakes In $91.5 Million, On Pace For Records

Madonna and Guy Ritchie Announce Divorce

Madonna’s Sticky & Sweet Tour Rolls Into New York With Reworked Hits, Virtual Britney


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Comments

harpo | 12/16/2008, 9:42 am EST

Looks like $92 mil now…what a great deal for Ritchie…all that dough and he ditches grandma.

Also,Tim Dickinson is certainly the biggest d _ _ _ (next to Taibbi) writing for this rag.His article on Bush is a partisan joke…why doesn’t he give us the other end of the spectrum and write about Bill Clinton’s pardon of Marc Rich before he left office?? Now that was real bull_ _ _ _!!! Dickinson is just another in a league of bed-wetters you get with what has become a joke of a magazine!!!! I still think Dickinson is a pseudonym for that other schmuck…Taibbi!!!!!

Funkenstein | 12/16/2008, 2:03 am EST

though i agree with JB that concerts are the only way to get money…i feel that she is only relevant because of her past fame, and not what she is doing now.

jb | 12/15/2008, 10:57 pm EST

Um, you say she isn’t relevant despite concert ticket sales. I have something to tell you: concerts are the ONLY way an act makes money these days.

Dicktation | 12/15/2008, 10:13 pm EST

Oh and Madonna is a talentless old grandma trying to avoid the fact that she isn’t young or relevant in today’s music (despite the concert sales, which just shows that half the world is stupid)

Dicktation | 12/15/2008, 10:11 pm EST

C’mon Ouch…. have you ever seen Snatch? It’s like one of the coolest movies ever made.

Plus what did Heather Mills ever do?

I rest my case.

Ouch | 12/15/2008, 8:10 pm EST

This dude is worse then Heather Mills… pathetic. I guess he realized his career is dead

Brian Gallagher | 12/15/2008, 6:05 pm EST

This no talent hag has suckered all you “fans”.What is her appeal? She can`t even form a chord on that guitar.
SUCKERS……

Joe | 12/15/2008, 4:44 pm EST

If he had to listen to her for longer than 3 seconds with her fake British accent, he earned it.

Upwards Toward The Vanguard! | 12/15/2008, 4:26 pm EST

That picture of her playing guitar is ridiculous. What a waste of a good guitar.

Myxomitosis | 12/15/2008, 4:24 pm EST

Good, cause Guy Ritchie way more talented then Madonna ever is. Old hag.

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