Robert De Niro Will Keep His Half a Billion Dollars Fortune After The Divorce
"Income Earned During the Marriage Are His Separate Property". The Hollywood star Robert De Niro will keep his half a billion dollars fortune after the divorce.
A Manhattan court of appeals denied his ex-wife Grace Hightower the right to half of Robert De Niro's earnings, according to Yahoo! News. The two had a decades-long marriage.
The Hollywood actor, who is now 78 years old, amassed a fortune from his career spanning more than five decades, as well as his ownership stake in popular restaurants among celebrities like "Nobu" and "Tribeca Bar and Grill".
De Niro also earned good money from his part ownership of the downtown New York boutique hotel, "The Greenwich".
How Much Will De Niro Have to Pay His Wife?The answer is 1 million dollars a year if he doesn't remarry, as well as $ 6 million for a new home, according to the Manhattan court, who decided to uphold the 2004 prenuptial agreement between the two.
"The husband’s income earned during the marriage and other business assets acquired during that time are his separate property," said the court in its ruling.
The couple had been married for 24 years and have two children - Helen Grace and Elliot - and announced their separation in 2018.
Hightower Has a Luxurious Lifestyle
Robert De Niro's lawyer, Carolin Krause, argued that Grace Hightower's passion for a luxurious lifestyle drained finances and forced the Hollywood actor to work hard.
"Mr. De Niro is 77 years old, and while he loves his craft, he should not be forced to work at this prodigious pace because he has to. When does that stop?" said his attorney to a New York City judge.
Bottom line is, after the ruling of the court, Robert De Niro won’t be splitting his $500 million dollars fortune with his estranged wife.