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Arnold and Maria Will Split Hundreds of Millions

7/2/2011 11:00 AM PDT BY TMZ STAFF

Arnold Schwarzenegger and Maria Shriver will split around $400 million, and legally it's supposed to be divided  up 50/50, because we know there's no prenup.

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TMZ broke the story Friday that Maria filed for divorce and the division of property is yet to be determined. Because there is no prenup, under California law, all earnings and other property acquired during the marriage is considered community property, which means a 50/50 split.

Arnold's worth is estimated at $300 million, while Maria's is around $100 million.  Since the couple has been married for a quarter century and it's probably impossible to separate what they each had before they tied the knot, it's likely the entire pot of money will be considered community property.

But here's the twist.  This divorce will never go to trial. It is going to settle out of court, and nothing requires Arnold and Maria to agree on a 50/50 split. Typically in these cases, there's a lot of horse trading ... Maria gets this house, Arnold gets that one, etc.

Maria's lawyer, disso-queen Laura Wasser, and Arnold's attorney, Bob Kaufman, will be hashing out the property settlement agreement -- probably for months.

One final point.  We will never know the terms of the final property settlement agreement, because it's going to be confidential.  Standard operating procedure for high-profile divorces.

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74 COMMENTS

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16.

lou    

Makes it sound like Maria's in the money, but to be fair, before they divorced, she had access to at least 2 x the money she'll have post-divorce. So she'll actually have half the money that she had before. Not that you have to really worry when you're that wealthy.

But money aside, it must be really, really tough to divorce someone after 25 years...necessary but probably sad at the same time. Stupid Arnold. But then again, she had warning signs for years and chose to ignore them.

1178 days ago
17.

Sean Thomas Fisher    

Wonder who gets the Skynet chip...
Regardless, my condolences to both. Without them, I wouldn't be here right now.

Love,
John Connor
p.s. If you are reading this, you are the resistance...

1178 days ago
18.

Hotwheelz    

should be illegal to have that much money................

1178 days ago
19.

Chaps    

While this is a sad ending to yet another high profile wedding, I'm good with letting them cutting it clean and moving on.

Sometimes the errors in our lives cost more than expected, as it seems this has.

1177 days ago
20.

tenley    

All those words to report TMZ knows nothing.

1177 days ago
21.

Hoppy    

That was an expensive piece of ugly no-no. Could have just pulled a charlie sheen and paid up front.

1177 days ago
22.

JugEars McKenyan Sr..    

I'll be baaaack ....with my wheelbarrow for what's left.... :(

Idiot, loses Skeletor Shriver and family for the Burrito-momma, I'd take Maria in a heartbeat over the other beast.

1177 days ago
23.

Rocco    

Okay, we get it. There's lots of money to go around. Too bad California can't sue to get some of it too. Breach of contract. You're terminated.

1177 days ago
24.

Sensible Grandma    

WELL IT'S ONE THING TO TRY TO WORK THRU AN INDESCRETION, BUT ANOTHER WHEN THERE IS A CHILD BORN OF THE INDESCRETION AND THAN SHOVED UNDER YOUR NOSE FOR 12 YEARS. SHAME ON ARNOLD AND GOOD FOR MARIA. THERE IS NO WAY TO REPAIR THIS MESS. MOVE ON MARIA. YOU ARE A SMART WOMAN AND WILL DO JUST FINE WITHOUT ARNOLD. HE IS NOT DESERVING OF YOU!!!!!!!!!!!!!!

1177 days ago
25.

benice    

Maria Shriver is worth $100 Million ????!! Huh? With so many Kennedys now ol Joe's money must be running out by now. She was a so-so newscaster...um...where did all the money come from???

1177 days ago
26.

Sloane    

don't know abut Arnold but Maria is a Catholic-so doesn't that mean that she also has to get an annulment

following from
http://www.newadvent.org/cathen/05054c.htm


The Catholic doctrine on divorce may be summed up in the following propositions:

In Christian marriage, which implies the restoration, by Christ Himself, of marriage to its original indissolubility, there can never be an absolute divorce, at least after the marriage has been consummated..............

.......the marriage bond remains even in case of dismissal for adultery, and that new marriage is therefore forbidden............

it's all so confusing

just know that rich people have no problem getting quick annulments from the Catholic church-so ...

1177 days ago
27.

Dan    

Maybe now Maria will consider some plastic surgery and get rid of that dark skeletal look of her's.

1177 days ago
28.

LongJohn69    

One thing is for sure that Arnie gets and Boni Maroni won't get.........THE SHAFT!

1177 days ago
29.

Jill Conway    

Arnold should have enough money to buy his next date a sack of chicharrones and a churro.

1177 days ago
30.

Kathy    

If they have any cash left over, I'll take it.

1177 days ago
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