Madonna, Ritchie divorce settlement to surpass $90M
Last Updated: Monday, December 15, 2008 | 4:32 PM ET
CBC News
Ending her marriage to filmmaker Guy Ritchie will cost pop music diva Madonna more than $90 million Cdn.
A spokeswoman for the hit singer said Monday that the couple's divorce settlement is in the range of 50 million to 60 million pounds (about $94 million to $113 million), including the value of their country home in England and their West London pub.
Liz Rosenberg, Madonna's spokeswoman, added that she thinks it is "one of the largest payouts ever in a divorce settlement."
A spokesperson for Ritchie declined to comment.
While the financial settlement is out of the way, custodial arrangements must still be completed for the couple's eight-year-old son, Rocco, and three-year-old son, David, adopted from Malawi in 2006.
Madonna also has a daughter, 12-year-old Lourdes, from a previous relationship.
Relationship problems rumoured for months
Madonna and Ritchie were married in December 2000 in Scotland. However, earlier this year, rumours about problems in their relationship began to arise.
This summer, Madonna was romantically linked to professional baseball player Alex Rodriguez, whose own marriage dissolved.
Madonna and Ritchie announced their intention to divorce in October.
Madonna is in the midst of her latest world tour, while Ritchie had been promoting his latest film — RocknRolla — at film festivals this fall.
Britain's last high-profile divorce settlement was the approximately $50 million Cdn former Beatle Paul McCartney paid out to ex-wife Heather Mills in March.
With files from the Associated PressShare Tools
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