Monday, December 8, 2008

Madonna's Divorce


Have Madonna and Guy Ritchie hammered out a financial settlement in the wake of their fast-tracked preliminary divorce decree on Nov. 21? That's the word from Britain's News of the World, which claims the Big M has signed off on a $47 million-plus payout to her former hubby that includes an estimated $18 million in cash and the rest in property, including their sprawling English country estate.
While the director purportedly said that he wanted "not one penny" from Madonna, whose personal wealth is believed to be in the ritzy neighborhood of $500 million, sources tell the tab that he accepted the deal to ensure things stayed civil (a magnanimous and profitable gesture, if true).
"He never wanted any cash handouts," insists a Ritchie mole. "He agreed with Madonna's demands to keep the peace."
According to another insider, "He is getting one lump sum imminently. Guy wanted to stay in their London home, but Madonna refused to split it in two, and eventually gave him [the $18 million] as compensation. She decided early on that he should get [their country house] Ashcombe."
Madonna reportedly handed over the cash to help her ex buy new digs in London and New York, where sons Rocco, 7, and David, 3, are expected to divide their time in a shared custody arrangement (stepdaughter Lourdes, 12, will reportedly be based in Manhattan with her mom).
Ritchie "ducked out of fighting over her fortune, even though he could be entitled to a big chunk," adds the source, but a Madonna pal counters, "She is fed up at reports that Guy is walking away with no money -- she has sorted his finances for life."
(By the by, Madonna's rumored flame Alex Rodriguez has denied reports that he's looking for a New York pad with her, telling People the whispers are "absolutely ridiculous" and they're "friends -- that's it." Guy, meanwhile, has supposedly struck up a friendship with Hugh Grant's moneybags ex Jemima Khan, with a source telling the London Telegraph, "They have become very fond of each other.")
Source // MSN Entertainment

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