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Wednesday, March 19, 2008

Sir Paul McCartney Was Worth £400m ...

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Mills awarded £24.3m settlement ...

Heather Mills spoke to press on the steps of the court
Mills welcomes deal Heather Mills has been awarded £24.3m in her divorce settlement with estranged husband Sir Paul McCartney.
Speaking outside London's High Court, Ms Mills said she was "glad it's over" and "it was an incredible result to secure mine and my daughter's future".
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As part of the deal, Ms Mills will receive £14 million for herself and £2.5m to buy a house in London ....
The couple failed to reach an agreement in court last month, leaving the judge to determine the final figure.
Appeal
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DIVORCE SETTLEMENT
£16.5m lump sum, including £2.5m to buy London property
£7.8m assets
£35,000 a year for daughter Beatrice - plus nanny and school fees
The settlement will also see the former Beatle pay their four-year-old daughter Beatrice's nanny and school fees and will pay Beatrice £35,000 a year.
The judge awarded a lump sum of £16.5m and assets of £7.8m.
The summary judgment stated that Ms Mills had sought £125m and been offered £15.8m by Sir Paul.
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READ THE JUDGEMENT SUMMARY
Summary of the judgement in the Mills-McCartney divorce case (18k)
Most computers will open PDF documents automatically, but you may need to download Adobe Acrobat Reader.
Download the reader here
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The judge ruled that Sir Paul was worth £400m, whereas Ms Mills claimed the singer was worth some £800m.
Speaking on the steps of the High Court - surrounded by a media scrum - Ms Mills insisted she was "very, very happy" with the decision ...

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