Divorces with Crazy Huge Settlements
If you think your divorce settlement is enough to raise a few eyebrows, chances are you don’t come near to making the list of the highest settlements of all time. The rich and famous, when they split, tend to have assets that bewilder.
Big Name Divorces
Divorce has been around for as long as marriage has, but you don’t have to look back very far to see some hefty settlements:
- When Amazon CEO Jeff Bezos and his wife MacKenzie split up, MacKenzie walked away with over $35 billion, making her one of the richest women in the world.
- Steve and Elaine Wynn of Las Vegas casino fame had a messy second divorce, netting Elaine $850 million.
- After 52 years together, Roy and Patricia Disney called it quits when they were both in their 70’s. Roy, the nephew of Walt Disney. The fortune, worth over $1 billion, was divided nearly in half.
- Kevin Costner was on the hook for $80 million in an amicable divorce from Cindy Silva, his wife of 16 years.
- When Harrison Ford and his wife Melissa Mathison divorced after 17 years together, Mathison received $118 million.
- Seven years after wedded bliss, Madonna and Guy Ritchie split, and Guy tapped Madonna for $92 million.
- Steven Spielberg and Amy Irvings’s well-publicized divorce after less than four years Spielberg wound out forking over $100 million to Irving.
- Tiger Woods’ bad behavior led to a notorious divorce from Elin Nordegren after six years of marriage, costing Tiger $110 million.
- After 25 years together, Neil Diamond took responsibility for the failure of the marriage from Marcia Murphey, resulting in a $150 million settlement.
- Michael Jordan parted with $168 million in the divorce from Juanita, in what was called an amicable settlement.
Determining Asset Distribution in Florida
Florida law requires that assets be equitably distributed, not to be confused with equally distributed. This means that the court will consider a number of factors while determining how the marital assets will be split. Considerations include:
- The length of the marriage;
- The economic status of each person and the style in which the couple lived;
- The contributions of each individual to the union;
- The support one partner may have provided while the other pursued education/career;
- The responsibilities associated with continuing to raise minor children;
- The types of assets and their long-term desirability (such as interest in a business);
- The earning potential for each person.
Your Florida Divorce
If you’re heading into a divorce in the Sunshine State, chances are you’re not looking at the kind of settlements so many celebrities wind up with. Nevertheless, an equitable split is going to feel substantial to you. At WiseLieberman, PLLC, our experienced Boca Raton divorce attorneys will strive to achieve the best possible outcomes for you. Contact us to schedule a confidential consultation today.