Madonna And Ritchie Reach Settlement
It has taken more than $76 million for Madonna and Guy Ritchie to finally reach a settlement.
According to MTV News on Monday, Madonna has settled with Ritchie for between $76 and $92 million as part of their divorce agreement.
A source said the figure includes the value of the couple’s sprawling country home, the 1,100-acre Ashcombe House, in western England, whose original construction dates back to the late 1600s.
The couple finalized their divorce last month in a quickie proceeding in the High Court in London, though details of the proceedings were not announced and neither showed up for the court date. The couple’s joint fortune is estimated to be more than $525 million. They have two sons together, 8-year-old Rocco and adopted Malawian son, David Banda.
Although the financial side of the settlement has been worked out, the arrangements for custody of the couple’s children have not yet been finalized. Madonna reportedly favors having her children live with her in New York, while Ritchie is said to prefer having them with him in England.
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