Prenuptials are big business, and if you’re wealthy and in love there’s a risk you could lose a lot of money by glossing over this vital document. Take celebrities Kelsey Grammar, for example: the Frasier actor didn’t sign one when he married his wife Camille Donatacci and she is now in line to receive $30 million of his $84 million fortune. Almost all of the most expensive break-ups are down to not having a prenup: Heather Mills and Paul McCartney, Mel and Robyn Gibson, Roseanne Barr and Tom Arnold, you name it. But sometimes, even when the world’s richest people have thought ahead, the amount of cash involved in the split can still be phenomenal. Here’s our list of some of the biggest prenuptial settlements that have happened or could happen.
10. Beyonce and Jay-Z ($25 million or more)
There’s no telling how big the prenup is going to be until a divorce is actually finalized and an agreement has been set, but if this one did happen, it could be huge. Hip hop mogul Jay-Z and his new wife Beyonce have reportedly signed a prenup that promises her at least $10 million if the marriage fails within 2 years, plus an extra $1 million for every year they stay together thereafter. In addition, if the R&B singer has any of his children she will receive $5 million extra for every one. Beyonce is already worth $100 million herself, but according to the National Enquirer she could be entitled to $25 million if they split, and that’s not counting the children. 38-year-old Jay-Z’s net worth is estimated at $300 million.
9. Donald and Ivana Trump ($34 million)
Apprentice star and business tycoon Donald Trump is one man who knows the value of getting a watertight prenup. His first wife, Ivana, challenged the legality of their pre-marital document in 1991 and walked away with far more than she would have had it held up in court. According to reports, his former wife was given $20 million in cash, the $14 million family home and $350,000 a year in alimony.
8. Michael Douglas and Catherine Zeta-Jones ($40 million just for cheating)
A prenuptial agreement can be about anything, not just how to divide marital assets. It’s reported that the Douglas-Zeta Jones document has a paragraph about how much money Catherine stands to receive if her husband Michael is caught cheating. Plus, she’s entitled to £2.8 million for every year they’re married. The movie legend’s previous marriage to Diandra Douglas cost him $45 million when it ended in 2000 after 23 years, so maybe he’s trying to pin down every eventuality were he to go through another break-up.
7. Madonna and Guy Ritchie ($76 million)
When both parties are considered well-off it’s easy to wonder why they would bother to write a prenup document. But then there’s well-off and there’s being as rich as Madonna. Even though her new husband was an established and profitable film director when they tied the knot, nothing compared to the material girl’s wealth. After 8 years of marriage, and even though there was a prenup in place, Guy Ritchie still came away from their partnership with a reported $76 million.
6. Steven Spielberg and Amy Irving ($100 million)
Amy Irving was an aspiring actress when she met the established director Steven Spielberg in 1984, so when they married each party signed a prenup. Four years later and Spielberg left his wife for another actress, Kate Capshaw. The scorned wife managed to get the couple’s original prenup thrown out of court – which wasn’t difficult as it was written on the back of a cocktail napkin, apparently. She was eventually awarded $100 million, which was half of his net wealth at the time. An expensive but utterly useless prenup, unless you want to mop up spillages that is.
5. Tiger Woods and Elin Nordegren ($110 million)
Mr and Mrs Woods ended their 7 year marriage in October 2010 after his string of affairs became public knowledge. The pair were going to make a go of it and rewrote the initial prenup; and to say sorry for his indiscretions Tiger had offered his humiliated wife a $5 million apology. But eventually Elin Nordegren filed for divorce. Under the newly written document the golfer had to pay out an even bigger amount. She walked away with a reported $110 million rather than the initial $20 million she would have received had they been married for 10 years.
4. Tom Cruise and Katie Holmes ($125 million)
A prenup can actually pay out during a marriage. Katie Holmes earns money for every year she stays with Tom Cruise and collects the $3 million annually. But the best part for Mrs Cruise? If they’re together for over 11 years the agreement is abolished and she is entitled to half of the mega-rich Hollywood star’s fortune. Reports say that’s roughly $250 million.
3. Jack Welch and Jane Beasley Welch ($150 million)
This is a prenup that went wrong. When Jane Beasley married wealthy CEO Jack Welch they signed a pre-marriage document that had a “sunset clause” in it. It meant that if the marriage lasted more then 10 years the prenup was null and void. That happened in 1999, and by 2002 Jane Beasley Welch was fighting for half of her ex-billionaire husband’s wealth. She eventually received $150 million from the former General Electric head.
2. Michael and Juanita Jordan ($168 million)
Basketball legend Michael Jordan and his wife Juanita split up in 2006 after 17 years of marriage. They had signed a prenuptial agreement which said Juanita would be entitled to half her husband’s fortune, but when it came to splitting up the marital money she only took a third. Still, that third was $168 million.
1. Robert and Sheila Johnson ($400 million)
Robert Johnson, the co-founder of BET and America’s first African-American billionaire, paid out a massive $400 million to his wife of 30 years when their marriage ended in 2002. The prenup held up in court and Sheila was awarded half of their joint assets, making it one of the biggest divorce settlements in history (even with a prenup!). Both have continued their business dealings, owning majority stakes in professional men’s and women’s basketball teams. Three years later and Sheila married William Newman Jr. who was the judge presiding over her original divorce case.
Lessons Learned for New Jersey Child Custody: Top Celebrity Custody Battles
New Jersey child custody cases aren’t as well-known as those in the foothills of Hollywood. Well, for the most part. There was that whole “Baby M” issue. But, generally speaking, the child custody cases we hear about arise from the sun-drenched Hollywood Hills.
Celebrity gossip can be amusing to say the least. Don’t worry. You’re not alone in your guilty pleasure. But sometimes, unfortunately, children suffer at the hands of fortune, fame, and lost romance. Over the years, we’ve seen some of Hollywood’s brightest stars duke it out in Los Angeles court rooms over child custody. And while we might find ourselves enthralled by breakup battles, perhaps there is a lesson to be learned. Of course, not everyone is an actor or pop-star with millions of dollars. But, at the end of the day, human emotion is often what drives a child custody case.
Take a look at some of these top celebrity custody battles, and see if it helps you put a New Jersey child custody case in perspective.
Alec Baldwin and Kim Basinger
In a classic battle of “he said, she said,” these two movie stars fought it out over their daughter, Ireland, who also goes by the nickname Addie. She said he was emotionally abusive. He said she was mentally unstable. He also called his daughter “a thoughtless little pig.” In the end, though, after apologies were made, the courts restored Baldwin’s visitation rights and the two have shared custody.
Britney Spears and Kevin Federline
This custody battle was so bitter it made washing your mouth out with soap seem like a pleasantry. Britney’s descent into drugs, alcohol, and unsafe behavior caused her to be the first major female celebrity in years to lose custody of her children. She lost custody because she reportedly failed to follow a court order that required her not to drive without a valid license, and to undergo random drug testing and parental counseling.
Michael Jackson and Debbie Rowe
Michael Jackson was notorious for his eccentric—to say the least—lifestyle. And not much was different when it came to his custody case. Originally, in 2001, Rowe gave up her legal rights to their children, Michael, Jr. and Paris. However, after allegations of child molestation, Rowe tried to regain custody. After nearly a 3-year battle, the two reached a settlement out of court in which Rowe reportedly gave up visitation rights for reinstated alimony payments of up to $750,000 a year.
David Hasselhoff and Pamela Bach
As in most custody battles, it’s his word versus her word. He accused her of substance abuse, and she said he was a physically abusive alcoholic. In May 2007, a video surfaced of an intoxicated Hasselhoff eating a hamburger in a stupor while in the presence of older daughter, Taylor, who can be heard in the video pleading with her father to stop being a drunk. However, despite the scandalous video, Hasselhoff was awarded primary physical and legal custody of the kids in June 2007. Then, a few months later in December, the two settled on a joint custody agreement.
New Jersey Divorce Lawyers Collide with 21st Century Technology
Technology is supposed to make things easier, right? Well, for New Jersey divorce lawyers, it is and it isn’t. With a new wave of technology, lawyers navigate the whitewater of technology-based divorce in New Jersey.
So, what is a technology-based divorce? Ask Tiger Woods or Tony Parker. Neither of their wives needed to see lipstick on their husband’s collar or smell perfume on their clothes. They simply had to check their husband’s cell phone. Today, more and more spouses are citing technology—cell phones, Facebook, e-mail, etc.—as evidence in their divorce cases.
In fact, the social networking phenomenon, Facebook, is now being cited in 1 out of every 5 divorce cases. New Jersey divorce lawyers are presented with incriminating photos, status updates, and other information posted on the site. While it should come as no surprise, sites like Facebook can provide powerful evidence in a New Jersey divorce.
Naturally, as New Jersey divorce lawyers, we pay close attention to how these technologies impact courtroom rulings. But, as human beings, we’re also curious how this technology is affecting society and our marriages. A British study conducted in 2008 found that 80% of people boot up high-tech gadgets before going to sleep. And of that 80%, 33% send and receive texts/e-mails while in bed. That can’t be good for intimacy.
So, we invite you, our readers, to share some your thoughts on technology and its impact on divorce in New Jersey.
Basic Information about a New Jersey Restraining Order
You may have experienced a bad relationship or divorce with your former partner. A New Jersey restraining order is a reality and solution for those who feel their safety and personal space is threatened by another person.
A New Jersey restraining order is a civil order issued by a judge. The order provides protection against the presence of unwanted parties such as a former spouse, boyfriend, girlfriend, present or former household member, and other parties identified in the restraining order.
The precipitating events and reasons to seek a New Jersey restraining order vary, but most seek such an order because they feel threatened by another person. Events of domestic violence often precede the need for a New Jersey restraining order. In general, if a family member or other person attempts to harm you (with our without a weapon) or gives you reason to believe they are planning to harm you, then that person may have committed an act of domestic violence.
Domestic violence occurs in many forms. People may seek a New Jersey restraining order as a derivative of the following actions: assault, terroristic threats, kidnapping, criminal mischief, false imprisonment, sexual assault, harassment, and stalking.
New Jersey temporary restraining orders can be granted by means of an emergency order when the courts are closed and can be facilitated by contacting local police or 911. A final restraining order is granted once both parties are given the opportunity to tell their side of the story and the judge decides the temporary restraining order should be made permanent in order to protect the safety and well-being of the victim.
Obtaining a New Jersey restraining order can result in the following:
– A no-contact provision that prohibits the abuser from communicating with the victim
– An order that permits the abuser to remove limited items from a previously shared space in the company of a law officer
– Emergency financial support from the abuser, including support for minors
– Temporary sole possession of the home for the abused
Comparing Divorce in New Jersey to the Rest of the Country
Do 50% of marriages really end with a divorce in New Jersey? For years now, that’s the statistic we’ve been fed: 50% of marriages end in divorce. But doesn’t that seem a bit broad? Is the outcome of your marriage really the same as flipping a coin? 50% seems like a cop-out. It seems like a lack of thorough research. 50% seems like someone took the number of reported marriages and the number of reported divorces and did some simple division, which, by the way, is exactly what they did.
The 50% statistic in no way indicates divorce trends in the U.S. This statistic is derived from the total number of marriages and divorces over the past 30 years or so. Isn’t it possible for divorce in New Jersey and in the rest of the country to have slowed down?
Furthermore, isn’t it possible for there to be less, or more, divorce in New Jersey than in, say, Wyoming? While, yes, a marriage is still a marriage, it’s probably safe to assume life in Wyoming isn’t the same as life in New Jersey. So, let’s take a look at some more accurate statistics.
The divorce rate per 1,000 married women sank to 16.4 in 2009 from 16.9 the year before and a far cry from 22.6 in 1980, according to an analysis of the data from the National Marriage Project at the University of Virginia.
Let’s see where the rate for divorce in New Jersey falls. Here is a list of the states with the lowest divorce rates per 1,000 people.
1. Massachusetts 1.8
2. District of Columbia 2.1
3. Pennsylvania 2.3
4. Iowa 2.5
5. New York 2.5
6. North Dakota 2.5
7. South Carolina 2.6
8. Illinois 2.6
9. Maryland 2.8
10. Minnesota 2.8
11. New Jersey 2.8
New Jersey divorce attorneys help pave the way to a successful divorce
When all avenues of mediation and counseling been explored, but two spouses are not able to reconcile their differences, then divorce is the final chapter in the relationship. In New Jersey there are a variety of different laws regarding divorce; utilizing a New Jersey divorce attorney will help both the parties involved understand their rights and obligations during the entire process. To go to court without any type of NJ family law attorney would be unwise, as there are rules and laws that a judge could enforce that would potentially leave both parties unhappy. The key to a successful divorce is to be knowledgeable of all areas of the law so that everyone can be happy and at least mutually agree on a way of resolving the issue. Obviously there are going to be countless emotions involved that make the proceedings extremely difficult and strained; yet there is still some potential hope of reconciliation. The couple could both use the same NJ mediation attorney to help settle their differences instead of having two opposing sides go against each other.
The majority of all divorce cases, however, usually end up requiring both sides hiring New Jersey divorce attorneys and following specific procedures. The Superior Court of New Jersey has complete jurisdiction over all aspects of causes for divorce, when both parties involved were residents of New Jersey when the petition for divorce was first started. The procedures of filing for divorce consist of the many different levels: a complaint must first be filed with the county of where the plaintiff lived when the issue first arose. Next, after the filing fees are paid, the plaintiff sends a complaint to the defendant, who has to respond within a certain amount of time. From then on, it requires tedious hours of work and meetings with New Jersey divorce lawyers to figure out every single aspect of the case. Altogether, investing in a divorce attorney is beneficial for both parties involved.
10 Most Expensive Divorces in History
Marriage is supposed to be a perfect union; a partnership of two like-minded people who together become more than the sum of their parts, falling in love forever. Alas, this utopian ideal is far from reality for many people. Indeed, statistics show that the rate of divorce in America for a first marriage is 41%, for a second marriage it is 60% and for a third it rises to as high as 73%. Read more
10 Celebrities Who Were Victims of Domestic Violence
Domestic violence comes in many forms; it can be emotional or physical, and it can be against a man or a woman. The point is, it can happen to anyone. Even some of the richest, most famous and most powerful people in the world can be affected by domestic abuse. Most are able to come out the other side and put their lives back together, but not always. More than three women are murdered by their husbands or boyfriends every day, and those that are abused are nine times as likely to commit suicide. Statistics like this mean it’s important not to shy away from talking about domestic violence. Being a victim is nothing to be ashamed about; being the perpetrator is. While we hear more about when it’s a celebrity in the news, if you are in New Jersey and violence at home impacts your life and family, we are here for immediate legal help for domestic violence issues.
10. Diane Lane
In 2004, actress Diane Lane was alleged to have been the victim of domestic abuse after accusing her husband John Brolin of attacking her. However, she later dropped the charges against him. She had phoned police claiming he hit her during an argument at their Los Angeles home and Brolin was arrested that night for spousal battery. At the time, their spokeswomen said: “There was a misunderstanding at their home… she did not want to press charges… they are embarrassed the matter went this far.”
9. Bill Clinton
It’s testament to a man’s willpower that he can become one of the most powerful men in the world even though he grew up surrounded by domestic violence. When the former U.S. President was just 8 years old his mother married Roger Clinton, a car dealer from Arkansas and also an alcoholic. Life wasn’t all rosy for the young Bill, and was – according to his autobiography – frequently marred by his stepfather’s violent outbursts. It’s said that, at the age of 15, Bill warned Roger never to hit his mother or half-brother ever again. In a later interview with Time magazine, Clinton recalled what a dramatic moment standing up to him had been.
8. Halle Berry
Oscar-winning actress Halle Berry is a fierce campaigner against domestic violence, having seen it firsthand. In 2004 she admitted to having been hit so hard by one of her ex-boyfriends that she lost the hearing in her right ear. Berry has never disclosed the identity of her attacker. She recently revealed that her mother was also the victim of domestic abuse, so when it happened to her, the actress knew it was time to get out of the relationship.
7. Madonna
Madonna still describes Sean Penn as the love of her life, even though he was charged with domestic violence in 1988. He pleaded guilty to a misdemeanor and a year later they were divorced. Madonna and Penn met in ’85 and were married soon afterward. During their short marriage Sean Penn was alleged to have had frequent violent outbursts both towards his wife and towards others.
6. Mariah Carey
She has hinted about her suffering a few times in the past, but in 2009 Mariah Carey came out and admitted she had been the victim of emotional and mental abuse. The mega-star was promoting a film which touches on the subject and said domestic abuse was not a new thing to her. Carey married music mogul Tommy Mottola in 1993; they divorced 5 years later. The singer told Larry King: “Abuse has several categories… emotionally, mentally, in other ways. It’s scary. I just think you get into a situation and you feel locked in… For me to really get out of it was difficult because there was a connection that was not only a marriage, but a business where the person was in control of my life.”
5. Rihanna
R&B star Rihanna has spoken publicly about the abuse she suffered from her ex-boyfriend. The singer was allegedly assaulted by Chris Brown and had visible bruises on her face. Brown handed himself in to police and issued a statement saying he was “sorry and saddened” and was seeking counseling. It turns out that Brown may have been subjected to violence himself after it was revealed his mother had been physically abused by his stepfather.
4. Bobby Brown and Whitney Houston
Their turbulent relationship is well documented, but even though the rumors were that Bobby used to hit Whitney, she actually claimed it was the other way round. In an interview with the Associated Press over 10 years ago, the singing star said: “Contrary to belief, I do the hitting, he doesn’t. He has never put his hands on me. We are crazy for one another. I mean crazy in love, love, love, love, love. When we’re fighting, it’s like that’s love for us. We’re fighting for our love.” Brown, however, was later arrested in 2003 for misdemeanor battery, several years after Whitney said this. The pair eventually divorced after 15 years of marriage in 2007.
3. Pamela Anderson
The Baywatch star married drummer Tommy Lee in 1995, after knowing him for just four days. Their stormy marriage lasted just 3 years, and in that time the Mötley Crüe member served 4 months in jail for domestic abuse against Anderson. It’s reported that during this incident Lee kicked pin-up girl Pamela while she was holding their son Dylan. But even though Anderson had helped to convict Lee, she was waiting for him when he came out and the pair briefly reconciled. Now, though, they’ve gone their separate ways.
2. Phil Hartman
Unlike most of the other examples here Phil Hartman did not live to tell the tale. The former Saturday Night Live star was murdered by his wife – shot in the head, neck and arm as he lay sleeping in their LA home in 1998. Phil and Brynn Hartman’s 11-year marriage had been described as stormy. On the night it happened (May 28th) Brynn had been out drinking and also had traces of cocaine in her system. After killing her husband she drove to a friend’s house and said: “I shot Phil.” The friend didn’t believe her and they both returned to the marital home the next morning. After the police were called, Brynn then shot herself.
1. Tina Turner
Tina’s violent marriage with Ike Turner is well known, largely thanks to the film based on her life, What’s Love Got To Do With It. In the film the singer suffered severe beatings, was raped and had cigarettes stubbed out on her body. Her husband Ike is portrayed as a violent, controlling sociopath, and when Tina’s autobiography was published Ike actually admitted that the book was largely accurate. The pair were married for 16 years before Tina had the courage to leave. Ike is now dead.
Choosing Your NJ Divorce Lawyer
A period of divorce and separation is not pleasant, yet choosing the right NJ divorce lawyer can aid in easing anxiety and facilitating the ideal outcome for you. Choosing a divorce lawyer is not as simple as thumbing through the Yellow Pages or ‘Googling’ an associated phrase into your computer. Take some time in searching for the best NJ divorce lawyer available for your predicament. Here are some helpful tips to facilitate your search:
To begin, it is important to choose a lawyer or firm that is experienced in family law. Lawyers and firms can be well diversified in many areas of law, yet it is best to choose a firm that hosts one or several attorneys that primarily focus on family law. An NJ divorce lawyer must have significant courtroom experience as well as pass a set of rigorous tests in order to become certified in this specific area of practice. In addition, to maintain certification, they must regularly continue their education each year.
Secondly, lawyers have their own legalese language, which is used in documentation and in communicating with cohorts, judges, and associated parties, yet there is no need to be confusing to clients. Choose a lawyer that can explain your predicament and options in plain English. Knowing how to relate to clients is a huge part of being a successful NJ divorce lawyer; conveying technical jargon will only make the client more confused and nervous in regards to their specific situation.
Going through a divorce or separation is a highly personal predicament. You will want to align yourself with a NJ divorce lawyer that is kind, understanding, and can relate to you on both a professional and personal level. Choose a lawyer that makes you feel comfortable divulging all necessary information and personal history germane to your case.
Unfortunately, many separations and divorces involve children. It is important to choose an NJ divorce lawyer who will be sensitive to the needs and ongoing happiness of your children. Counsel that pushes for vindictive settlements or drawn-out hearings are not emphasizing the mental well being of children.
Lastly, choose an NJ divorce lawyer who is dedicated to their craft and passionate about helping their clients. Impressive experiences and settlement history may be attractive and a ‘selling point’ for some counselors, yet divorce settlements warrant professionals who are caring and concerned for their clients.
New Jersey Family Law Attorney Practice Areas
Until you find yourself amidst the circumstances, one may not think about the concentration areas of a New Jersey Family Law attorney. An NJ divorce attorney addresses such issues as divorce, separation, child custody, and other germane issues. The following post will serve as an introduction to the general and specific areas of Family Law divorce attorney services.
The general areas of divorce and legal separation are main avenues explored by your New Jersey Family Law attorney. Dedicated lawyers devote passion and use prior experiences to concentrate on specific areas such as:
– High-net-worth divorce
– Contested divorce
– Uncontested divorce
– Legal Separation
– Out-of-state, international, or military divorce
– Domestic partnership dissolution
– Mediation
– Alimony, maintenance, and spousal support
– Division of Assets
– Palimony
– Post-divorce matters
In addition to the issues of resolution facilitated by your New Jersey Family Law attorney involving the two partners of the marriage, many separations have children to consider as well. A separation warrants careful consideration of children involved and how time and responsibility will be divided between the two partners in order to sufficiently raise the children and facilitate their ongoing happiness and adjustment. The following areas of jurisprudence are addressed by your New Jersey Family Law attorney regarding children and parenting:
– Child custody, parenting, and visitation rights
– Visitation plans
– Child support and related guidelines
– Relocation
– Educational expenses
– Emancipation
– Parental alienation
– Father’s rights
– Paternity
– Adoption
– Kinship legal guardianship
– Children of domestic partners
Mediation
– Mediation is often sought as an alternative to family court ‘battles.’ Mediation is often seen as a ‘gentler’ way to resolve divorce and separation issues and is also less stressful on children involved.
Domestic Violence
– New Jersey Family Law attorneys sometimes address issues of domestic violence. Partners can become victims of domestic violence taking the shape of physical, emotional, or verbal abuse. Such types of abuse are categorized by courts and New Jersey Family Law attorneys as domestic violence and can warrant the attainment of restraining orders if necessary. Areas of specialization include:
– Protecting Victims of Domestic Violence
– Obtaining Temporary and Final Restraining Orders
– Defending Against False Accusations of Domestic Violence
Pre and Post-Nuptial Financial Agreements
– Defining fine lines of financial boundaries is often an area of concern for partners. New Jersey Family Law attorneys can address both pre and post-nuptial financial agreements. Such issues such as alimony and asset division can be handled by attorneys before, during, or after a marriage.
10 Greatest Prenups in History
Prenuptials are big business, and if you’re wealthy and in love there’s a risk you could lose a lot of money by glossing over this vital document. Take celebrities Kelsey Grammar, for example: the Frasier actor didn’t sign one when he married his wife Camille Donatacci and she is now in line to receive $30 million of his $84 million fortune. Almost all of the most expensive break-ups are down to not having a prenup: Heather Mills and Paul McCartney, Mel and Robyn Gibson, Roseanne Barr and Tom Arnold, you name it. But sometimes, even when the world’s richest people have thought ahead, the amount of cash involved in the split can still be phenomenal. Here’s our list of some of the biggest prenuptial settlements that have happened or could happen.
10. Beyonce and Jay-Z ($25 million or more)
There’s no telling how big the prenup is going to be until a divorce is actually finalized and an agreement has been set, but if this one did happen, it could be huge. Hip hop mogul Jay-Z and his new wife Beyonce have reportedly signed a prenup that promises her at least $10 million if the marriage fails within 2 years, plus an extra $1 million for every year they stay together thereafter. In addition, if the R&B singer has any of his children she will receive $5 million extra for every one. Beyonce is already worth $100 million herself, but according to the National Enquirer she could be entitled to $25 million if they split, and that’s not counting the children. 38-year-old Jay-Z’s net worth is estimated at $300 million.
9. Donald and Ivana Trump ($34 million)
Apprentice star and business tycoon Donald Trump is one man who knows the value of getting a watertight prenup. His first wife, Ivana, challenged the legality of their pre-marital document in 1991 and walked away with far more than she would have had it held up in court. According to reports, his former wife was given $20 million in cash, the $14 million family home and $350,000 a year in alimony.
8. Michael Douglas and Catherine Zeta-Jones ($40 million just for cheating)
A prenuptial agreement can be about anything, not just how to divide marital assets. It’s reported that the Douglas-Zeta Jones document has a paragraph about how much money Catherine stands to receive if her husband Michael is caught cheating. Plus, she’s entitled to £2.8 million for every year they’re married. The movie legend’s previous marriage to Diandra Douglas cost him $45 million when it ended in 2000 after 23 years, so maybe he’s trying to pin down every eventuality were he to go through another break-up.
7. Madonna and Guy Ritchie ($76 million)
When both parties are considered well-off it’s easy to wonder why they would bother to write a prenup document. But then there’s well-off and there’s being as rich as Madonna. Even though her new husband was an established and profitable film director when they tied the knot, nothing compared to the material girl’s wealth. After 8 years of marriage, and even though there was a prenup in place, Guy Ritchie still came away from their partnership with a reported $76 million.
6. Steven Spielberg and Amy Irving ($100 million)
Amy Irving was an aspiring actress when she met the established director Steven Spielberg in 1984, so when they married each party signed a prenup. Four years later and Spielberg left his wife for another actress, Kate Capshaw. The scorned wife managed to get the couple’s original prenup thrown out of court – which wasn’t difficult as it was written on the back of a cocktail napkin, apparently. She was eventually awarded $100 million, which was half of his net wealth at the time. An expensive but utterly useless prenup, unless you want to mop up spillages that is.
5. Tiger Woods and Elin Nordegren ($110 million)
Mr and Mrs Woods ended their 7 year marriage in October 2010 after his string of affairs became public knowledge. The pair were going to make a go of it and rewrote the initial prenup; and to say sorry for his indiscretions Tiger had offered his humiliated wife a $5 million apology. But eventually Elin Nordegren filed for divorce. Under the newly written document the golfer had to pay out an even bigger amount. She walked away with a reported $110 million rather than the initial $20 million she would have received had they been married for 10 years.
4. Tom Cruise and Katie Holmes ($125 million)
A prenup can actually pay out during a marriage. Katie Holmes earns money for every year she stays with Tom Cruise and collects the $3 million annually. But the best part for Mrs Cruise? If they’re together for over 11 years the agreement is abolished and she is entitled to half of the mega-rich Hollywood star’s fortune. Reports say that’s roughly $250 million.
3. Jack Welch and Jane Beasley Welch ($150 million)
This is a prenup that went wrong. When Jane Beasley married wealthy CEO Jack Welch they signed a pre-marriage document that had a “sunset clause” in it. It meant that if the marriage lasted more then 10 years the prenup was null and void. That happened in 1999, and by 2002 Jane Beasley Welch was fighting for half of her ex-billionaire husband’s wealth. She eventually received $150 million from the former General Electric head.
2. Michael and Juanita Jordan ($168 million)
Basketball legend Michael Jordan and his wife Juanita split up in 2006 after 17 years of marriage. They had signed a prenuptial agreement which said Juanita would be entitled to half her husband’s fortune, but when it came to splitting up the marital money she only took a third. Still, that third was $168 million.
1. Robert and Sheila Johnson ($400 million)
Robert Johnson, the co-founder of BET and America’s first African-American billionaire, paid out a massive $400 million to his wife of 30 years when their marriage ended in 2002. The prenup held up in court and Sheila was awarded half of their joint assets, making it one of the biggest divorce settlements in history (even with a prenup!). Both have continued their business dealings, owning majority stakes in professional men’s and women’s basketball teams. Three years later and Sheila married William Newman Jr. who was the judge presiding over her original divorce case.