Sir Paul McCartney and estranged wife Heather Mills agreed on a $110 million divorce settlement Friday, February 15, on day 5 of their divorce proceedings in court. Sir Paul McCartney arrives at the Royal Courts of Justice, London, Friday, February 15, day 5 of his and Heather Mills divorce hearing. Photo Credit: Solarpix / PR Photos16 February 2008 (Sawf News) - Sir Paul McCartney and estranged wife Heather Mills agreed on a $110 million divorce settlement Friday, February 15, on day 5 of their divorce proceedings in court.
McCartney, 65, will pay Mills $40 million up front and a $5 million annually as child support for their daughter Beatrice till she reaches the age of 18.
Heather Mills arrives at the Royal Courts of Justice, London, Friday, February 15, day 5 of her and Paul McCartney divorce hearing. Photo Credit: Solarpix / PR PhotosMills appeared ecstatic over the settlement as she left the courtroom Friday.
Under the settlement Mills, 40, has accepted a gag order that forbids her from revealing any details about their four year old marriage.
Heather Mills arrives at the Royal Courts of Justice, London, Friday, February 15, day 5 of her and Paul McCartney divorce hearing. Photo Credit: Solarpix / PR PhotosMills, who will get physical custody of Beatrice, will bring her up in Britain and Eastern Europe where she plans to buy property to get away from the British press.
McCartney's total assets are estimated at $1.65 billion.
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