James Bone in New York
Get 20% off your bill at Pizza Express
By the heady standards of celebrity divorce, Sir Paul McCartney will escape lightly, even if he ends up paying Heather Mills an ear-popping £30 million.
He comes in at only sixth place in a new ranking of celebrity divorce settlements that was published yesterday by Forbes.com.
His predicted payout to the former model is dwarfed by the $150 million (£75 million) that singer Neil Diamond gave Marcia Murphey, a former television production assistant, at the end of their 25-year marriage in 1994.
Even that hefty bill could soon be beaten by the retired basketball star Michael Jordan in his split from his wife, Juanita, a bank clerk he married at the height of his fame in 1989.
Forbes estimates that she could get almost half the $350 million that he made from his career and his “Air Jordan” training shoe endorsement deal with Nike.
Lea Goldman, the Forbes editor who compiled the Top Ten list, said that the lesson was: “Sign a prenup and make sure a lawyer is present.”
Celebrity divorces pale by comparison with those of business moguls. Roman Abram-ovich’s break-up with his wife of 15 years, Irina, may cost the multi-billionaire £1 billion.
The largest public settlement was the £500 million paid by Adnan Khashoggi, the Saudi arms dealer, to his ex-wife, Soraya, in 1982, according to Guinness World Records.
But showbusiness divorces grip public attention and set visible trends for “civilians”. “We are seeing that younger celebrities who get into marriage are really tightening the screws in their prenups with a Britney Spears-type arrangement,” Ms Goldman says.
Thanks to an ironclad prenuptial agreement, Ms Spears will reportedly pay out only $1 million for her two-year marriage to Kevin Federline, a dancer. But Ms Goldman adds: “When you have been married 10 or 20 years, you cannot plan for these things and you are going to end up paying.”
Steven Spielberg met Amy Irving when she auditioned for Close Encounters of the Third Kind in 1977. When they split after four years in 1989, Irving contested their prenuptial agreement, which was reportedly scribbled on a napkin, because she did not have a lawyer. She was awarded $100 million, about half Spielberg’s fortune at the time.
Sir Paul’s marriage to Ms Mills lasted only four years, but Forbes estimates that he earned between $100 million and $120 million during that time.
“We believe she is going to take this as far as she can take it,” Ms Goldman said.
Industry sectors news at a glance. Interactive heatmap, video and podcast
The inside track on current trends in the charity, not for profit and social enterprise sectors
Explore your passion for food with the delights of Thai, Indian & Chinese cooking
Read our exclusive 100 Years of Fleming and Bond interactive timeline, packed with original Times articles and reviews
Everything the Business Traveller needs to know to make a better trip
Shortcuts to help you find sections and articles
05/2005
£13,500
08/2008
£109,950
2006
£10,750
Great car insurance deals online
£100k
The National Skills Academy for Social Care
London
£49,229 - £62,035 pro rata
Charity Commission
London/Liverpool/Taunton
£75k - £85k
Confidential
London
Six Figure
Rolls Royce
Midlands/Europe
From £89,950
Great Investment, River Views
$3.5 million
Also avaliable for rent
Times Online Property Search will help you find it
Amazing Far East Offers - Visit Hong Kong
from £499pp
Cruise the Islands of Hawaii - Pride of America
List your property with two leading travel websites
Great travel insurance deals online
Contact our advertising team for advertising and sponsorship in Times Online, The Times and The Sunday Times, or place your advertisement.
Times Online Services: Dating | Jobs | Property Search | Used Cars | Holidays | Births, Marriages, Deaths
News International associated websites: Globrix | Property Finder | Milkround
Copyright 2008 Times Newspapers Ltd.
This service is provided on Times Newspapers' standard Terms and Conditions. Please read our Privacy Policy.To inquire about a licence to reproduce material from Times Online, The Times or The Sunday Times, click here.This website is published by a member of the News International Group. News International Limited, 1 Virginia St, London E98 1XY, is the holding company for the News International group and is registered in England No 81701. VAT number GB 243 8054 69.
I agree tremendously with the reader above!! Amen!
PJ, Houston, Texas, U.S.A.
I totally agree with what the reader said above!! Amen!
PJ, Houston, Texas, U.S.A.
Miss Mills should take whatever she is offered after all she did not bring anything imto the marriage and therefore should be grateful for anything she is given also the fact that she is now publically dancing on TV and also intends to further her future in starting her own business she should realise that things did not come easily for Sir Paul and he had to make his money by working and saving not like her who spent her time taking everything she could get and give nothing in return. Anyway the sooner the divorce and settlement are over the better.
M E Cranston, Coleraine, Northern Ireland
Didn't Sir Paul once sing " I don't care too much for money,money can't buy me love"? . In that case why getting married again in the first place and the bitter divorce afterwards.
wing, Poole, UK