Madonna And Guy Ritchie Reach Divorce Settlement

November 20, 2008

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Well this could have gotten really ugly, but it appears all parties played nice and Madonna, 50, and Guy Ritchie,40, have reached a settlement in their divorce case.

According to the BBC, the soon-to-be-ex-husband-and-wife have been granted a preliminary divorce decree at the High Court in Londonon Friday and after six weeks and a day, the divorce would be made final.

 Guy reportedly elected to let Madonna keep the bulk of her $500 million fortune and Madge returned the favor.

According to the British press, Madonna and Ritchie reached a settlement over money and their kids Lourdes, 12, Rocco, 8, and David, 3.

Additionally, Rocco and David will split time between the U.S. and London, while Lourdes, whose father is Carlos Leon, will live with her mother.

“[Madonna] walked away without any of his money, much to her credit,” a friend told the U.K.’s Times. “He has done the same.”

“He could have hugely boosted his bank balance and set himself up for life, but he already feels he has enough money,” another pal told the paper. “He also didn’t want the whole thing dragging on in the public gaze for months and months and, in any case, his priority was the children’s future.”

But a source close to the couple insists that’s not true:

 ”He’s going to get a huge windfall, contrary to what’s being reported,” the source tells PEOPLE. “He’s getting a lot of money from the settlement. He’s not the gentleman he’s portraying himself as.”

Madonna and Ritchie were married in 2000, shortly after the birth of their son, Rocco. Since splitting last month, Madonna has been linked with baseball star Alex Rodriguez.

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One Response to “Madonna And Guy Ritchie Reach Divorce Settlement”

  1. Drinks After Dark Links » Ayyyy! Says:

    […] The Divorce of the Century has been granted! (DailyStab) […]

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