Report: Madonna & Guy Ritchie’s $60M Divorce Settlement

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Madonna,Guy Ritchie,Lourdes Leon,‘Sherlock Holmes’,Divorces,Celebrities

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Guy Ritchie and Madonna (Sept. 2008)
Thompson LES Hotel
Madonna at the Thompson LES hotel
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Guy Ritchie and Madonna arrive at the world premiere of ‘RocknRolla’ at the Odeon cinema, Leicester Square on in London, England
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Madonna and son David seen on the streets of Manhattan on October 1, 2008 in New York City.

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FIRST PUBLISHED: October 18, 2008 3:48 PM EDT
LAST UPDATED: October 18, 2008 5:18 PM EDT

LONDON, U.K. --

Guy Ritchie and Madonna have settled their divorce, according to the U.K. publication, The Sun.

The “RocknRolla” director will reportedly walk away with assets totaling around $60 million, including a 1,200-acre country estate, a London pub, and a cash settlement.

Madonna will hold on to her New York and Los Angeles homes and most of her considerable fortune, The Sun reported.

“The negotiations were relatively painless,” The Sun quoted a source as saying. “Guy knew what he wanted and Madonna knew what she was keen to keep. There was a spell when Guy was in a mood to dig his heels in, but he decided this arrangement seemed reasonable and a long battle over money would make life unbearable.”

Madonna is being represented by divorce lawyer Fiona Shackleton, who formerly represented Paul McCartney in his divorce from Heather Mills. Shackleton reportedly negotiated Madonna’s divorce terms during a day of phone calls with Guy’s lawyers.

The former couple reportedly expects to reach a compromise over their three kids — Lourdes, 12, who is the daughter of Madonna and ex Carlos Leon, and sons Rocco, 8, and David, 3.

With the divorce all but out of the way, Guy, who’s in London filming “Sherlock Holmes” with Robert Downey Jr., is reportedly ready to move on romantically as well.

“Guy has always been very popular with women,” the source said. “They have thrown themselves at him throughout his marriage but he has always been utterly faithful. Now it’s all over, he plans to have a little fun – something that has been missing from his life for far too long.”

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