Skip to main content

Beyonce-Jay Z Billion Dollar Divorce: Bravo's ‘Untying the Knot’ Expert Breaks Down Possible Split


Reports are heating up that hip-hop royalty Beyonce and Jay Z are heading toward divorce. Since the notorious Solange elevator brawl, there have been several reports that divorce is inevitable. And in Friday's issue of Us Weekly, the magazine's sources weighed in. One source told the publication that Beyonce “is done” after they conclude the remaining On The Run shows in Paris, France on Sept. 13. “If the reports are true they're going to divorce, they are probably working behind the scenes to figure out the timing of the announcement and how they'll divide their business entities,” Bravo's “Untying the Knot” star and divorce attorney, Vikki Ziegler, told TheWrap. Also read: Beyonce to Receive MTV VMA Video Vanguard Award Ziegler says that the couple's pre-nup, though they haven't publicly confirmed that they have one, will determine how difficult the divorce will be. Another contributing factor is whether they keep joint or separate finances. “That would be a huge factor,” the attorney said. “If they kept everything separate and discussed how they will be separately paid from their joint business ventures, such as the present tour, or if they've put everything into a marital pot for the last six years of marriage.” The couple's net worth has been estimated at $1 billion. “They're almost on par with net worth,” Ziegler said. “I think it's estimated that Jay Z's at $520 million and she's at $480 million,” she continued. “We're talking one of the biggest divorces in celebrity history, topping Michael Jordan in the athletic world and most others that we've seen.” Hear audio: Beyonce Explains Jay Z and Solange's Elevator Fight in Nicki Minaj Remix Custody is never included in a pre-nup and Ziegler said that would become a pretty big deal as it will probably include child support payments to whomever becomes the custodial parent. “In New York, which is not like other states, joint custody is not preferred if the parties can't co-parent,” she said. “The court usually awards custody to the better, more fit parent.” And again, two-year-old Ivy isn't just any child. The payments would have to support the life she's used to. Also read: Beyonce, Jay Z Concert Special Coming to HBO in September “From what I can tell, this baby has a great lifestyle, vacations, wardrobe, nannies, those are all factors that will govern the amount of child support,” Ziegler pointed out. “And that can be hefty. It could be $50-$100,000 a month. And that's nontaxable.” Those are just a few of the basic components of divorce. But, what if emotions are high? How will that affect the proceedings? “You never know when someone is angry,” the attorney said. “So, say Jay Z did cheat on several occasions and Beyonce is angry. People do things that that they normally wouldn't do. They could be fighting over jewelry, cars and boats, something so insignificant as a yacht they can go purchase on their own. They may not want to let it go. People fight over crazy things when they're angry.” Also read: Beyonce, Eminem, Iggy Azalea Top MTV's 2014 Video Music Awards Nominations On her Bravo show, Ziegler helps divorcing couples cut through the emotions, so they can split the property fairly and avoid years and years in court. So, what would Ziegler's advice for Beyonce and Jay Z be? “Celebrity breakups are on such a different level,” she said. “I think statistics show that 80 percent of celebrities divorce. I'm not shocked at the news of a divorce, because of my business.” “I don't know them personally, but I know a lot of friends that know them,” she continued. “And I can honestly tell you that it's certainly in their very best interest to strike a deal behind closed doors, because this can negatively affect them in so many ways. Even though they're so wealthy, your reputation is everything. You're born with it and you die with it. You always want to try to preserve it. Some people never come back once they've been scrutinized in the media.”

Comments

Popular posts from this blog

The War between Iconic Emeka Ike and Segun Arinze

The war between iconic actors Segun Arinze and Emeka Ike seems to have no end in sight. In a recent interview, Arinze had said Ike should stop embarrassing the Actors Guild of Nigeria by parading himself as its president. According to Segun: ‘Emeka should grow up. As far as I am concerned, Ibinabo Fiberesima is the bonafide president. Even in the recent judgement that came out recently telling us to return to the status quo, what does it mean? We were told to go back to the way we were. There was no time Emeka Ike was pronounced the president of AGN. Let him bring out the copy of the judgement and show us if he is man enough. He should wake up and stop embarrassing the guild.” Well, these words did not go down well with Ike who believes Segun Arinze “is an illiterate who should have been in jail.” He told Saturday Beats: “I heard Segun Arinze was interviewed and he said so many things about me and nobody asked me for my own side. I don’t think it was a balanced report. Se...

Jonathan, Abiara ask Nigerians to pray for 2015 polls

                                       President Goodluck Jonathan on Thursday felicitated with Nigerian Muslims as they commemorate the birth of Prophet MuMuhammad. In a statement by his Special Adviser on Media and Publicity, Dr. Reuben Abati, the President urged Muslims to use the opportunity offered by the Eid-el-Maulud to offer special prayers for successful and peaceful elections in the country next month. Also, the General Evangelist, Christ Apostolic Church Worldwide, Prophet Samuel Abiara, has appealed to politicians to embrace peace and avoid any act that could lead to violence ahead of the 2015 general elections. The clergy, who spoke in Lagos during the crossover service, decried insecurity and economic decline as a result of falling oil prices. He said, “We are deeply concerned over the continuous killing of the innocent people of Nigeria. The land is becoming...

400-YEAR Old Church Emerge From Receding Water

No biggie, but a Colonial-era church has emerged from receding waters in Mexico. Leonel Mendoza fishes every day in a reservoir surrounded by forest and mountains in the southern Mexico state of Chiapas. But in recent days, he has been ferrying curious passengers out to see the remains of a colonial-era church that has emerged from the receding waters. Pretty impressive, right? A drought this year means the level of the Grijalva River, which flows into the Nezahualcoyotl reservoir, has dropped by 25 meters (82 feet). It is the second time a drop in the reservoir has revealed the church since it was flooded when the dam was completed in 1966. In 2002, the water was so low visitors could walk inside the church. ‘The people celebrated. They came to eat, to hang out, to do business. I sold them fried fish. They did processions around the church,’ Mendoza recalled. The church near Quechula was built by a group of monks headed by Friar Bartolome de l...