Monday, December 15, 2008

Madonna and Guy Ritchie Settle for $75 Million

According to a report from the U.K's Daily Mail, the $75 million payout includes the couple's country estate Ashcombe House in Wiltshire, as well as a cash lump sum thought to be at much as $53 million.
Rosenberg adds that while the financial component of the settlement has been worked out, custodial arrangements for the couple's children — Rocco, 8, and David, 3 — have yet to be finalized.
Madonna's daughter from a previous marriage Lourdes, will stay with her mother.
A representative for Ritchie, 40, declined to comment.
The couple, who were married for eight years, finalized their divorce last month. The two publicly announced their split in October amid rumors linking Madonna to New York Yankee Alex Rodriguez.
Rodriguez has publicly denied any romantic link to the star, classifying their relationship as nothing more than a mere friendship.
Madonna, 50, boasts an estimated worth of over $450 million. Ritchie, a successful film director whose credits include "Lock Stock and Two Smoking Barrels" and "Snatch," is worth about one-tenth of that.
Several British papers reported a similar divorce deal nearly two months ago, but Rosenberg declined to comment at the time.