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Tag: divorce settlement

  • Here are 5 most expensive divorce settlement ever on recorded

    Here are 5 most expensive divorce settlement ever on recorded

    In divorce cases, it is often advisable for couples to reach a settlement rather than leaving the division of their assets in the hands of a judge.

    According to Forbes.com, a divorce settlement agreement is a legally binding document that outlines the terms of the divorce. While various terms are used to refer to such agreements, they generally cover similar aspects.

    These references include Marital settlement agreements, Mediated agreements, Separation agreements, Property agreements, and more. The emphasis is not on the specific names but on the content of the agreement.

    Frequently, during divorce settlements, wives may seek substantial sums in settlement offers and other assets from their spouses.

    Notably, the individuals most significantly impacted during divorce settlements tend to be wealthy men and women. Many women have become millionaires as a result of their gains from divorce settlements.

    This article arises in the context of a recent divorce settlement involving Ghanaian football player Asamoah Gyan and his wife. The court’s ruling determined that Gyan is required to provide his wife with a monthly child support payment of GH¢25,000.

    While this amount is substantial, others have been obliged to pay even larger sums to their former spouses as part of divorce settlements.

    Here is a look at some of the most expensive divorce settlements in the world so far.

    1. Bill Gates’ divorce in 2021 from Melinda Gates is the most expensive divorce with Melinda getting $76 billion.

    2. Jeff Bezos’s divorce in 2019 from MacKenzie Bezos; is the second most expensive divorce with MacKenzie Bezos getting $38 billion ($43.5 billion inflation adjusted).

    3. Alec Wildenstein’s divorce in 1999 from Jocelyn Wildenstein; $3.8 billion ($6.7 billion inflation adjusted).

    4. Kim Kardashian and Kanye West’s $2.7 billion divorce,[4] plus $200,000 per month child support paid by West.

    5. Rupert Murdoch’s divorce in 1999 from Anna; estimated at $1.7 billion ($3 billion inflation adjusted).

  • Kanye, Kardashian divorce settlement: West to $200,000 per month in child support

    In a divorce settlement, Kanye West was ordered to pay Kim Kardashian $200,000 (£167,000) per month in child support.

    Their four children will be shared between the former rapper and reality TV star.

    After eight years with West, who has legally changed his name to Ye, Kardashian filed for divorce in 2021.

    It comes after several companies severed ties with Ye due to controversies such as antisemitic remarks.

    In March, both parties were declared legally single, with Kardashian also dropping the “West” from her surname.

    In court documents filed on Tuesday, issues concerning the division of property and custody of their children were resolved.

    The two parties should consult with each other on major decisions about their children’s welfare, the documents state.

    Expenses for the children’s security, school and college will be shared.

    In addition, Ye is expected to pay $200,000 a month in child support – which the New York Post reported is because the children will spend the majority of their time with Kardashian.

    The couple have four children: North, 9, Saint, 6, Chicago, 4, and Psalm, 3.

    In several statements submitted earlier, Kardashian, 42, had said she “very much” wanted the marriage to be ended, adding that this would “help Kanye to accept” that the relationship was over.

    Ye, 45, had previously fought against the separation.

    He has faced controversy in recent months, and has been dropped by several brands, including Adidas, Gap and Balenciaga.

    The rapper provoked widespread criticism earlier this year after attending Paris Fashion Week wearing a t-shirt bearing a “White Lives Matter” slogan – a phrase often used by white supremacists.

    He then claimed his critics were being paid by a secret cabal of Jewish people, a common trope of antisemitism.

    Earlier this week, Ye announced his intention to run for US president in 2024.

    He previously ran in 2020, but gained just 70,000 votes.