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Divorce costs McCartney $48.7m
Paul Majendie
LONDON—A British court ordered former Beatle Paul McCartney on Monday to
pay his estranged wife Heather Mills 24.3 million pounds ($48.7 million)
after an acrimonious divorce battle. The settlement was only a fifth of
the sum she had sought but she still ended up with the equivalent of
about $34,000 for each day of her four-year marriage to the pop icon.
Speaking after the judge’s ruling, Mills said: “I am so glad it is over.
It is an incredible result in the end. “We are very, very pleased,” she
added. “I am so, so happy with it.” McCartney declined to comment.
McCartney, 65, married the former model and charity campaigner Mills,
40, in 2002 but they separated four years later, blaming media intrusion
into their private lives. They have a daughter, Beatrice, aged four.
Following one of the most bitter divorce battles in showbusiness
history, the couple failed to reach an agreement after six days in court
last month, leaving the judge to set the final figure.
Mills criticized McCartney’s lawyer Fiona Shackleton, accusing her of
handling the case badly. She said Shackleton, who also represented
heir-to-the-throne Prince Charles in his divorce from Princess Diana,
“has called me many, many names before even meeting me, when I was in a
wheelchair.”
Mills, who sacked her lawyer and represented herself in court, urged
would-be divorcees to do the same. “You can be a litigating person,” she
said. “You’d save yourself a fortune.” Justice Hugh Bennett, giving
details of the settlement, said: “She sought an award of almost 125
million pounds. Sir Paul proposed the wife should exit the marriage with
assets of 15.8 million pounds inclusive of any lump sum award. “The
judgment decided that the husband should pay the wife a lump sum of 16.5
million pounds, which together with her assets of 7.8 million pounds
means that she exits her marriage with total assets of 24.3 million
pounds.”
DAUGHTER
The split was fought out under a remorseless media spotlight with
McCartney, a founder of the world’s most famous pop group, pitted
against the outspoken Mills, target of lurid tales in the press about
her colourful past. |