Photo: Alberto E. Rodriguez/WireImage
Three years after announcing their separation,Jennifer GarnerandBen Affleckhavefinalized their divorce— but what does that mean for their shared assets?
While the final details of their divorce have yet to be revealed, the pair — who share kidsViolet, 12,Seraphina, 9, andSamuel, 6 — have each earned millions of dollars throughout their 10-year marriage, with estimates of their combined wealth at roughly $190 million.
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So just how much is at stake?
Forbesreported that Affleckearned roughly $43 millionin 2016, withBatman v Superman: Dawn of Justicegiving the actor the best box office results of his career, grossing over $870 million worldwide. 2017’sJustice League,which Affleck also starred in, ended upgrossing $884 millionworldwide, accordingto Forbes.
Overall, the actor is estimated to have a whopping$130 million in the bank, according to CelebrityNetWorth.com.
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While Garner’s movie paychecks generally have her earning less, she has done lucrative commercials for companies such as Neutrogena and Capital One. (Not that she’s not competitive: “I am not anticipatingMen, Women & ChildrentakingGone Girl,” she told TIME in 2016. “But it would feel great someday to spank him at the box office.”)
According to CelebrityNetWorth.com, her net worth isestimated at $60 million.
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In terms of real estate, the former couple purchased an 8,800-square-foot propertyfrom producer Brian Grazerin 2009 for $17.5 million, according to public records. While during the early days of their separation, the pair continued to live together on the same property, with Affleck staying in the guest house, Affleck has since moved out.
In June, Affleck alsolisted his 87-acre estatein Savannah, Georgia, for sale with real estate agency Engel & Völkers. The actor purchased the property in 2003, while he was still datingJennifer Lopez, for $7 million.
Affleck went on to purchase a $19 million mansion in California, which is close to where Garner lives.
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There’s another fact that could contribute to the final details of their split: the amount of time they were married.
Passing the 10-year mark – which Affleck and Garner did one day after announcing their separation in 2015 – can change how California judges award spousal support. In a marriage considered “long-term,” judges can choose to award support for a spouse’s entire lifetime. But that’s unlikely to be a factor for Affleck and Garner, Wang noted. “You hear a lot of people saying, ‘Oh, celebrities get divorced around the 10-year mark because if they don’t, they’ll be on the hook for spousal support to each other,’ ” he said.
“Generally, the longer a couple has been together, the longer support they can get. But a lot of California courts don’t prefer to award lifetime spousal support because they feel that if one of the spouses is able to support themselves then there’s no reason to give them more,” he added. “It’s really based on income and earnings.” And any existing prenup or decisions made in mediation could mean a judge never needs to rule about support.
As California is a no-fault divorce state, courts typically enforce a 50-50 division of assets, regardless of who earned more money or spent the most during the marriage, Wang remarked.
source: people.com
