Robert De Niro will not be breaking the lender as his prolonged-standing divorce proceedings occur to a close.
The Hollywood A-lister can launch a sigh of relief right after a Manhattan appellate court docket sided with the actor in denying his estranged spouse Grace Hightower, a Black girl, fifty percent his occupation and business enterprise earnings — estimated at $500 million. The actor amassed a fortune from his job spanning far more than five many years, as effectively as his possession stake in well known dining establishments among celebs like Nobu and TriBeca Bar and Grill, as well as his portion possession of the downtown New York boutique lodge, The Greenwich Lodge.
De Niro, 78, will however still have to pony up $1 million a 12 months in alimony, contingent on Hightower not remarrying or until finally a person of them passes, as well as $6 million toward a new property for Hightower.
Despite Hightower’s attractiveness to wander away from the decades-extended relationship with extra dollars, the courtroom in the long run determined to uphold the couple’s 2004 prenuptial agreement. “The husband’s revenue attained for the duration of the marriage and other small business property obtained all through that time are his individual house,” stated the courtroom in its ruling.
In February of this year, Manhattan Supreme Court Decide Matthew Cooper issued a very similar ruling with regards to the prenup and De Niro’s profits from movie productions and his organization portfolio.
The couple who have been married for 24 many years and share two children — daughter Helen Grace and son Elliot — have been embroiled in a challenging divorce due to the fact saying their separation in 2018.
This year an legal professional for the veteran actor argued that Hightower’s thirst for a high-class life-style have been draining funds, and forcing “The Godfather Element II” to get the job done an unsustainable plan.
“Mr. De Niro is 77 yrs outdated, and though he enjoys his craft, he need to not be forced to function at this prodigious speed since he has to,” mentioned his lawyer Carolin Krause to a New York Metropolis judge. “When does that cease? When does he get the prospect to not just take every single challenge that arrives along and not do the job six-working day weeks, 12-hour times so he can maintain pace with Ms. Hightower’s thirst for Stella McCartney?”
With a divorce settlement worked out, De Niro will now have to deal with payments on back taxes totaling roughly $6.4 million.