Fans were shocked to hear the news Tuesday that movie star couple Angelina Jolie and Brad Pitt had filed for divorce, but they'll probably get over it in due time. Jolie and Pitt, on the other hand, are only just beginning a messy and potentially drawn out divorce process with a rather large fortune at stake.
The Hollywood couple is lawyering up to settle what will be a very public divorce after rumors of strife in their relationship culminated in the news that Jolie had filed for divorce Monday citing irreconcilable differences. The pair had been considered among the most well-known power couples in the entertainment industry and a whole lot of money came with that territory. So how will that wealth be divided up?
In May, Celebrity Net Worth estimated that Pitt’s net worth is $240 million, while Jolie is worth an estimated $160 million. The combined estimated net worth of $400 million, the result of dozens of hit movies the couple has either starred in or directed, made them one of Hollywood’s richest couples.
Jolie is asking for full physical custody of the couple's six children, according to TMZ, but she is not seeking spousal support, so Pitt should be off the hook for those alimony payments. However, the couple still has a lot of shared assets and wealth to divide, including multiple homes in California, a house in New Orleans and a $60 million mansion in France.
Though laws can vary from state to state, marital property that is eligible to be divided includes all income and assets acquired by either spouse during the marriage including, pensions, 401Ks, IRAs and other retirement plans, stock options, life insurance policies, savings, property, cars and boats. Separate property exempt from divorce proceedings includes property owned before the marriage, gifts and inheritances.
In the absence of a prenuptial agreement — it is not clear if one exists between the two stars — any of the couple's properties where both of their names are on the title or that were acquired during their marriage could be divided up between the two of them, depending on their separation agreement. But much of their assets could be insulated from the divorce. Though the couple has been together since 2005, they only married in 2014.
There are rumors that a prenup exists with a cheating clause that would reward Jolie with custody of their children if Pitt was unfaithful — he famously left ex-wife Jennifer Aniston for Jolie — and that would funnel the wealth acquired in their marriage into a trust fund for their children. Those rumors have not been confirmed.
Pitt previously went through an expensive divorce with Aniston. The couple reached a $60 million settlement in 2005, with Aniston taking $29 million and Pitt getting $31 million. Aniston also got their Beverly Hills mansion out of the deal, but Pitt was able to retain control of his Plan B production company.