Posts Tagged ‘High Asset Divorce Cases in Mississippi’

The Largest Celebrity Divorce Settlements & Considerations for High Asset Divorce Cases in Mississippi

Friday, December 6th, 2013

Celebrity marriages often involve incredible wealth and a plethora of properties.  These factors make celebrity divorces complex and often newsworthy.  Depending on the existence of a valid prenuptial agreement and the circumstances of the divorce, large sums can be paid out in divorce settlements involving celebrity couples.

The following is a list of the largest celebrity divorce settlements, intended for your amusement as well as education on the issues surrounding high net worth divorces in Mississippi and across the globe.

  1. Tom Cruise and Katie Holmes—one of the most high profile divorces of recent years was that of the once Hollywood golden couple, Tom Cruise and Katie Holmes.  Tom Cruise will pay a total of over $4.8 million to his former spouse over the next 12 years.  Cruise is also responsible for any expenses his daughter Suri may incur, including tuition.  This settlement, while large, pales in comparison to Tom Cruise’s estimated $250 million fortune.
  2. Tiger Woods and Elin Nordengren—in this divorce which involved accusations of numerous affairs on the part of Tiger Woods, Elin Nordengren was awarded roughly $100 million along with full legal custody of the couple’s two children.
  3. Arnold Schwarzenegger and Maria Shriver—in this highly publicized divorce between the movie star and California Governor, it was revealed that Shriver split from Schwarzenegger after she discovered he had fathered a child with a member of their staff.  Without a prenuptial agreement, under California law, Shriver was entitled to half of her former husband’s wealth.  The settlement was estimated to be between $250 and $375 million.
  4. Mel and Robyn Gibson—in what possibly became the biggest celebrity divorce of all time, Mel Gibson settled with his former wife for over $425 million.  The couple did not have a prenuptial agreement and Mel had publically become romantically involved with another woman before the divorce was finalized.  The messy divorce included restraining orders and recorded phone conversations.
  5. Craig and Wendy McCaw—Craig McCaw is the founder of McCaw Cellular, which was purchased by AT&T back in the 1990’s for between $11-12 billion.  Just a few years after the highly profitable sale of the company, Craig and his wife Wendy split.    The divorce settlement resulted in Wendy becoming one of the 400 richest Americans, receiving approximately $460 million.  This sum allowed her to purchase the Santa-Barbra News-Press from the New York Times.
  6. Bernie and Slavica Ecclestone—the divorce between tycoon Bernie Ecclestone and his wife is one of the most expensive in history.  Estimates place the covert settlement at over $1 billion.  Since the divorce, former model Slavica has purchased a private plane.
  7. Rupert and Anna Murdoch—this couple holds the title of the most expensive divorce in the world, to the tune of $1.7 billion.  Rupert Murdoch and his wife Anna had been wed for 32 years and had three children together.  Both couples moved on quickly from the divorce, with Rupert wedding Wendi Deng, a woman 38 years his junior, just 17 days after the divorce was finalized and Anna marrying investor William Mann months later.

Celebrity divorces are sources of entertainment and wonder for many, but they also serve an important purpose of providing a glimpse into the complex issues that arise for high net couples seeking a divorce.  Matthew S. Poole has extensive experience representing divorcing clients with considerable assets.  He understands the special considerations that go into such divorces.  Whatever the size or complexity of your divorce, Matthew S. Poole can help.  Call him today at (601) 573-7429 for a free initial consultation.