Madonna and Guy Ritchie have reached agreement on their divorce — with the British film director refusing to take a penny of the pop star's cash.
An announcement could come by the end of the month, a source close to the negotiations has told the Evening Standard.
Madonna will walk away from the eight-year marriage with her fortune, estimated at £300 million, still intact. Although Ritchie, himself believed to be worth £30 million, was entitled under English divorce law to as much as half her wealth, sources suggest he has done a “Piper” — a reference to Billie Piper, the actress who divorced the broadcaster Chris Evans without asking for anything.
The stumbling block in the split had been over where Ritchie and Madonna's children will now live. Madonna, 50, wished to take the children back to New York while Ritchie, 40, wanted to keep his sons in London, where they have grown up.
The source said a compromise had now been reached which will see the two boys — Rocco, eight, and three-year-old adopted David — dividing their time between Britain and the US. Madonna's daughter Lourdes, by another relationship, will continue to live with her.
The source told the Evening Standard: “It will be all over by the end of the month. I am sure it will be announced by then. The priority for him has always been the children. Ritchie has not wanted her money. He has done exactly what Billie Piper did when she divorced Chris Evans. She walked away without any of his money, much to her credit. Guy Ritchie has done the same.”
A second source said: “Ritchie could have taken her to the cleaners. He is a very honourable man to have walked away.”
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