Madonna Settles Divorce With Guy Ritchie for at Least 76 Million Dollars

Tue, 16 December 2008 00:05:48 ET

Madonna has reached divorce settlement with her ex-husband, Guy Ritchie, by paying him between 76 million dollars to 92 million dollars, which is assumed as the largest payout in divorce.

Madonna's representative, Liz Rosenberg, told The Associated Press on Monday, December 15, that Madonna has agreed to give her ex-husband Guy Ritchie between $76 million and $92 million as a part of their divorce settlement. Rosenberg also said that the amount of money will include the couple's country home, Ashcombe House in western England as well as their west London pub, which named the Punchbowl.

Responding to the settlement, Rosenberg said, "I'd assume it's one of the largest payouts ever in a divorce settlement." She also added that Madonna and Ritchie still discuss about custody arrangement over Rocco John Richie and David Banda. Ritchie's representative declined to comment about Rosenberg's statement to the publication.

Besides, Liz Rosenberg denied earlier rumor which said that Madonna will spend Christmas together with Guy Ritchie in the United Kingdom for the sake of their children. A source told British newspaper The Mail, "Madonna and Guy want the best for the kids and so she has decided to come over to the U.K. so they can be with their father. Madonna arrives in England on December 23 and is planning to stay for Christmas," which later was denied by Rosenberg. "Madonna will be spending the holidays in London," she told Access Hollywood. "But, it is doubtful she will be spending it with the ex."

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