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Tuesday, December 16, 2008

$76 million divorce of Madonna


In the largest-ever divorce payment from a wife to her ex-husband, Madonna will pay Guy Ritchie at least USD 76 million, her spokeswoman in New York said Monday.

The couple still has to settle custody arrangements for their children eight-year old Rocco, and three-year old David. But the deal gives film director Ritchie the couple's English country estate, west London pub and a reported cash settlement of USD 53 million, Madonna's representative Liz Rozenberg told the New York Daily News. They were married for eight years and granted a preliminary divorce last month. Madonna, 50, is worth an estimated USD 450 million while film director Ritchie's assets are valued at about USD 45 million. IANS

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