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The Unsettled Settlement
As usual, tabloids are falling all over each other to be the first to break the news on one of the biggest divorce settlements of the century: Madonna vs. Guy Ritchie. Rumors were flying this weekend that the couple had reached an agreement with Ritchie getting a hefty $60 million plus the properties in Europe. The celebrity duo was estimated at $525 million, with the bulk of that sum belonging to Madonna. Ritchie's esimated worth is around $35 million.
However, Madonna’s publicist said Monday that the couple’s divorce settlement has not been finalized yet. In addition, no decisions have been reached regarding custody of the couple’s children. Madonna has a daughter, Lourdes, from a previous relationship, and the couple shares a biological son, Rocco, and David Banda, their adopted son from Malawi.
The stars did not establish a prenuptial agreement before they wed in 2000. While it’s understandable for those of us not raking in millions of dollars a year to worry about a prenuptial agreement, once you hit a certain income, it seems only natural to protect your assets. This becomes especially true if there’s as large of a disparity as what is between Madonna and Guy.
What are your thoughts on prenuptial agreements? Should Madonna and Guy have known better than to think it would last? [The Associated Press]