Filing a divorceis financially stressful. In fact, it is estimated that at least 30 percent increase in monthly income is necessary in order to sustain your lifestyle after getting a divorce. Research also shows that in the United States alone, divorce cases usually amount to more than $100 billion every year. Understandably, this is a financial dilemma that directly affects couples and their children. Here are the top 10 most expensive divorces of all time.
10 Most Expensive Divorces
1.) Rupert and Anna Murdoch
Rupert Murdoch is an Australian business magnate who was married to Anna Murdoch for more than 30 years. Many people around the world believe that this is one of the most expensive divorce settlements in history. According to media reports, Anna Murdoch had received a whooping sum of $1.7 billion for settlement alone and an additional amount of $110 million when they decided to end their marriage in 1999.
2.) Michael and Juanita Jordan
In 2006, NBA superstar Michael Jordan and his wife Juanita Jordan filed for divorce after being married for 17 years. Based on several reports, Juanita Jordan demanded spousal support or alimony. When the divorce was final, the court required Michael Jordan to pay his ex-wife a sum of $168 million for alimony.
3.) Neil Diamond and Marsha Murphy
Widely acclaimed singer and songwriter Neil Diamond and his wife Marcia Murphy filed for divorce in 1994 after 33 years of marriage. Various reports reveal that Marsha received at least $150 million as a form of spousal support.
4.) Tiger Woods and Elin Nordegren
Tiger Wood’s six years of marriage with Elin Nordegren ended in 2010 when a series of reports exposed the golfer’s extramarital affairs. The couple tied the knots way back in October 2004. Elin’s divorce settlement, which caused media frenzy, was worth $110 million.
5.) Steven Spielberg and Amy Irving
Hollywood’s famous director Steven Spielberg married Amy Irving in 1985. The couple decided to part ways later in 1989. Reports also indicate that Irving got $100 million as alimony from Spielberg.
6.) Arnold Schwarzenegger and Maria Shriver
After more than 20 years of marriage, actor and politician Arnold Schwarzenegger and Maria Shriver both agreed to file for divorce when Maria discovered that her husband had impregnated their domestic employee. The court awarded Maria a sum of more than $250 million.
7.) Madonna and Guy Ritchie
Several media reports show that Madonna agreed to pay more than $70 million to her ex-husband Guy Ritchie. The couple got engaged in 2000. Their marriage ended when rumors about extramarital affairs leaked in public.
8.) Harrison Ford and Melissa Mathison
In 2004, Hollywood celebrity Harrison Ford announced that his marriage with Melissa Mathison finally came to an end. Based on the reports, Harrison’s former wife received more than $80 million as divorce settlement.
9.) Kevin Costner and Cindy Silva
After being married for 16 years, Hollywood actor Kevin Costner parted ways with his former wife Cindy Silva in 1994. A total of more than $80 million was believed to be awarded to Cindy.
10.) James Cameron and Linda Hamilton
World renowned director James Cameron paid a total of $50 million to his former wife Linda Hamilton. After 17 months of marriage, the couple filed for divorce in 1999.
The process of filing for divorce is not only financially difficult but it is also an emotionally challenging situation. To protect your best interest, you may need assistance from a reputable, reliable, and experienced divorce attorneywho can provide you with accurate legal advice.