3/18/2008

Macca Coughs Up $50 Million Settlement

Heather Mills, Paul McCartney's ex-wife and mother of his young daughter Beatrice, has been awarded a $48.6 million divorce settlement. Mills was seeking approximately $250 million, which presiding judge Hugh Bennett deemed "exhorbitant." (The McCartney camp was willing to offer something in the vicinity of $30 million.) She will get a lump sum of $33 million plus assets she currently holds which are worth $13.6 million. 4-year old Beatrice, in addition to school and nanny expenses will receive a $70K yearly allowance. Considering there was no pre-nuptial agreement and Macca is worth some $800 million, our favorite Liverpudlian got off easy. There's a lesson here, aspiring rock stars: rent don't buy. Ha!

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