Request My Consultation

You've got questions?

We've got answers!**

Send My Info

Divorce, Marital Settlement Agreements and Billionaires

Posted By Attorney Jim Cairns || 24-Aug-2012

Elon Musk, the founder of PayPal, has come to a marital settlement agreement with his soon to be ex-wife Talulah Riley. Riley will be receiving a total of $4.2 million over nine years. At first glance the sum appears to be significant, but it has been reported that Musk spends $200,000 a month on personal expenses and Riley will be getting $140,000 on the ninth anniversary of her signing of the judgment. Some of you may also remember Musk as a student at the University of Pennsylvania.

Larry Ellison, currently ranked the sixth largest billionaire worldwide, is no stranger to divorce. He has had four divorces; the fourth one was with Melanie Craft. Craft is an Oberlin College graduate and writer. She is also remembered as a staff member at the Deer Valley YMCA located in Elk Lick, Pennsylvania. Their divorce was amicable and in the middle of their proceedings Craft accompanied Ellison to the American's Cup victory celebration and the Oracle Open World, the company's annual event. Currently Ellison of Oracle is worth an estimated $36 billion. This couple apparently had little difficulty in reaching a marital settlement agreement.

Alice Louise Walton is famed as the second richest woman and tenth richest person in the U.S. The Wal-mart heiress is currently worth an estimated $23 billion. Her two divorces have been kept out of the public eye, and the most a quick search will turn up is that she was briefly married in her twenties. Her personal life has gotten more attention with her consumption of alcohol and driving. Apparently, she had an iron clad settlement agreement and well trained publicists to take care of the aftermath.

George Soros has recently been in the news with his engagement to Tamiko Bolton, forty-two years his junior. Soros has had two previous divorces. In 1960 he married Annaliese Witschak, had three children and by 1983 the couple was divorced. His second divorce from Susan Weber Soros, twenty-five years his junior, ended in 2005. Should the marriage to Bolton dissolve it will be interesting to see what settlement agreement comes to light. Soros has made it clear that he is leaving the bulk of his money to charity, but will generously provide for his wife.

The most effective marital settlement agreements are often the agreements that are mutually agreed-upon. As you are preparing to take steps towards your divorce Attorney James Cairns can help you with your settlement agreement. Once you're ready to file for an uncontested Pennsylvania divorce and/or martial settlement agreement contact Attorney James Cairns for a free consultation at 888.8636.9115.

For an immediate free virtual consultation, visit our DIVORCE WIZARD.

The Divorce Wizard analyzes and qualifies your case for an online simple, uncontested, no-fault Pennsylvania divorce, calculates your legal fees, and allows you to file your case immediately online. It's just like sitting in our office for a free consultation.

Read client testimonials and Avvo reviews to see learn about our clients' experiences.