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Madonna's Divorce Settlement To Give Guy Ritchie at Least $76 Million

Madonna publicist has confirmed that the singer has finally reached a divorce settlement with Guy Ritchie -- by also parting with at least $76 million (50 million pounds).

Liz Rosenberg says the settlement is in the range of 50 million to 60 million pounds, a figure that includes the value of the couple's country home in western England, their west London pub, and a cash lump sum.

Although the singer will keep the bulk of her estimated $500 million fortune, it's one of the largest payouts ever in a divorce settlement.

The settlement is about twice the size paid out in Britain's last high-profile celebrity divorce, between former Beatle Paul McCartney and Heather Mills. However, considering Madonna made $72 million last year, the payout will hardly make a dent in her wallet.

Custody arrangements for their children have yet to be finalized, although is clear that Madonna's daughter from a previous marriage Lourdes, 12, will stay with her mother.

The couple, who were married for eight years, publicly announced their split in October amid rumors linking Madonna to New York Yankee Alex Rodriguez.

December 16, 2008 |

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