Madonna to pay ex-husband $76 mn in divorce deal

December 16th, 2008 - 5:17 am ICT by IANS  

MadonnaNew York, Dec 16 (DPA) In the largest-ever divorce payment from a wife to her ex-husband, Madonna will pay Guy Ritchie at least $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 $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 $450 million while film director Ritchie’s assets are valued at about $45 million.

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