Lionel Richie & Diane Richie – $25 Million:
Lionel Richie’s second marriage to Diane Alexander ended after seven years, leading to a legal dispute over the division of assets. Their divorce settlement became the subject of a prolonged legal battle, resulting in significant financial consequences for both parties.
As part of the settlement, Diane Alexander was awarded the couple’s $5 million mansion and received a lump sum of $20 million. This substantial settlement significantly impacted Lionel Richie’s financial standing. The Richie divorce highlights the importance of clear financial agreements in marriages and the potential financial consequences when such agreements are not in place.