Russell Brand Will Get None of Katy Perry’s $44M+

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All good things come to an end, but who didn’t see the end of this Hollywood marriage coming? Bueller? While short-lived celebrity marriages are not surprising these days, what is interesting is how this divorce is proceeding.

Despite being entitled to approximately $20 million of Katy Perry’s fortune, TMZ reports that Russell Brand will not take a single penny of it.

Russell’s lawyer filed final divorce papers Tuesday … although the judge will make the divorce official on June 30, because there’s a 6 month waiting period.

Informed sources told TMZ … Russell and Katy did NOT have a prenup. As a result, everything they earned during their 14-month marriage is community property — which means they’re each entitled to 50% of the pot.

Katy made $44 million between May, 2010 and May, 2011 — according to Forbes. The couple married in October, 2010, so Russell could have scored a fortune if he exercised his community property rights.

But here’s the deal. As one source told TMZ, “This divorce is as amicable as it gets, and Russell was a mensch (Yiddish for a good person).” He doesn’t want Katy’s money. He’s happy to walk away with the money he earned — which is far less than what Katy raked in.

Going through a divorce is not easy no matter who you are. It is refreshing to see how amicable the divorce of these pop culture icons is going. In a poll listed on TMZ, nearly 90% of the readers voted that Russell Brand as being “Noble” for how he is handling the proceeding and is not taking any of Katy’s loot.

Well done Russell.


Article printed from InvestorPlace Media, http://www.investorplace.com/2012/02/russell-brand-will-get-none-of-katy-perrys-44m/.

©2012 InvestorPlace Media, LLC

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