Thursday, July 1, 2010

Tiger Woods Pays $750 Million in Divorce Settlement

The wife of who is considered the world’s number one golf player will have a guaranteed 750 million dollars  in divorce settlement.

Elin Nordegren, 30, will be able to get more than double of what she originally wanted after lawyers were able to prove that Tiger Woods has a net worth of more than a billion dollars.

The deal will give the model a settlement range between 750 – 833 million dollars.

There are conditions, however. She will not be allowed to talk about Woods and his extra-marital affairs in any form which includes writing books or television interviews for the rest of her life and even after the golfer dies.

The couple will share legal custody to their children, daughter Sam, 3 and son Charlie, 1. Nordegren gets the physical custody. Woods can visit the kids of up to half of each week. He cannot however see them if he is in the company of another woman.