Madonna calls in accountants as divorce prep continues

Celebrity accounting firm MGR to go through the Madonna and Guy Ritchie's books as part of groundwork for a future settlement

Written by Paul Grant

Pop superstar Madonna and her movie director husband Guy Ritchie have reportedly called in accounting firm MGR as part of preparations for a divorce.

The firm has been instructed to go through the couple's books to decipher which assets are owned separately and which are shared to help lawyers work out the level of settlement to be awarded, according to the Daily Mirror.

Advertisement

The couple share a £7m house in London plus another in the country and Madonna is thought to want the matter resolved as quickly as possible.

It is understood that no prenuptial agreement was signed by the pair prior to their marriage, making MGR's role crucial in deciding how much of Madonna's estimated £380million fortune Ritchie will receive. Figures of up to £50m have been mentioned in the press.

MGR and its associated businesses handle the accounting affairs of many celebrities, including John Cleese, Stephen Fry, Steve Coogan, Emma Thompson, Michael Winner and the Sugarbabes.

Tags:

  • Have your say
  • Send to a friend
  • Share
  • Print

Comments

White papers

Related jobs

More Accounting jobs

Spotlight

The Top 50 +50 survey 2009

All the news, views and analysis on our 2009 Top...

Elizabeth Rumsey, Virgin Galactic's FD

Profile: Elizabeth Rumsey, Virgin Galactic's FD

While Richard Branson and his Virgin Galactic team chase the...

How To guides

The archive of Accountancy Age's How To guides

Find your next job

Find your next job
Salary Checker

Job of the week

More finance jobs

Newsletters

Sign up here for the very latest news delivered to your inbox. Choose from the following options:

Your next job

Have your say

Should chancellor Alistair Darling lose his job for claiming for tax advice?
Yes
No

Advertisement

Search white papers

Search white papers

Advertisement

Advertisement