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Madonna will give Ritchie cash in divorce settlement
By CMU Editorial | Published on Tuesday 16 December 2008
I’m confused because I thought we were told no money would change hands as part of the Madonna/Guy Ritchie divorce settlement.
We must have been told that because we asked a question to that effect in the most recent CMU Pop Quiz at last week’s CMU Social. And people were saying Ritchie had done a “Billie Piper” in refusing to take any money off his ex-wife.
The legal wrangling that took place prior to the divorce being granted, we were told, was all about the custody of the couple’s children.
But whatever, Madonna’s US spokeswoman Liz Rosenberg has now told reporters Ritchie will receive approximately £50 million from the singer as part of the couple’s divorce settlement, though that does include the value of their Devon home.
Rosenberg confirmed the financial settlement to both the BBC and the Associated Press, seemingly responding to reports elsewhere in the media yesterday to the effect that Ritchie would receive $60-$70 from his ex (which is, actually, a bit less than £50 million).
Rosenberg reportedly admitted that the £50 million was probably “one of the largest payouts ever in a divorce”.
