Hulk Hogan got screwed...
Hulk Hogan's ex-wife Linda scores 70 per cent of WWE star's assets after lengthy divorce wrestle
By SARAH FITZMAURICE
His ex-wife filed for divorce back in 2007.
But it has taken more than four years for Hulk Hogan and his estranged wife Linda Bollea to reach a financial settlement .
The wrestler, real name Terry Bollea, agreed to give his ex-wife 40 percent ownership of his companies as well as more than 70 percent of their liquid assets.
In happier times: Hulk Hogan and his ex-wife Linda have reached a financial settlement. Seen here before they split in 2005
In addition Linda will also receive $3million (£1.9million) in a property settlement, according to Florida newspaper The St Petersburg Times.
The paper states that the mother-of-two received $7.44million (£4.75million) of the couple’s $10.41million ($6.65million) which was held in bank accounts.
The court records show that Hogan will not pay his ex-wife any maintenance.
The couple split in 2007 after claims emerged that Hogan had enjoyed an affair with Christiane Plante.
After filing for divorce Linda began dating Charlie Hill, who was 19-years-old at the time.
Moving on: The wrestler, agreed to give his ex-wife 40 percent ownership of his companies as well as more than 70 percent of their liquid assets, is now married to Jennifer McDaniel pictured
In 2008 Terry began dating Jennifer McDaniel and the couple married in December 2010.
In September this year the former wrestling star revealed how he blew ‘hundreds of millions’ on a lavish lifestyle during his glory years.
The 58-year-old admitted he was now living in a rented home having slashed the price of his Florida mansion by $16m in a bid to get it off the market.
The WWE champion and actor talked candidly about his financial situation on Good Morning America just a day after it was revealed that he has slashed the price of his Florida home in a bid to sell it quickly.
The WWE champion and actor talked candidly about his financial situation on Good Morning America just a day after it was revealed that he slashed the price of his Florida home in a bid to sell it quickly.
'There are houses being bought, and cars being bought, and vacations for family members,' he said.
In the money?: The court records show that Hogan will not pay his ex-wife, seen here in 2006, any maintenance
'There was eight, nine, $10 million, $11 million going out, so it got way off,' he said.
Asked about the state of his finances in the televised interview he said he was 'living in a rental house' but that he was 'living in abundance.'
'I'm happy now... I'm just so grateful,' he said.
He also addressed the wife beating allegations levelled at him by his ex-wife Linda in her autobiography.
Linda claimed she put up with her husband's drug fuelled violence and was physically and mentally abused during their 23 year marriage.
Hogan denied that he ever hit his wife and said if he was violent towards her questioned why it was never mentioned in their divorce.
He said: 'When we were going through the divorce, and she was with her 18-year-old boyfriend, if I even was in the same town with her … she would file charges that I looked at her the wrong way at a red light, and wanted to have me put in jail.'
'So if I beat her up for 23 years, why didn't we talk about this at the divorce? And why, all of a sudden, is it coming out now, when her book's come out?'
Read more: http://www.dailymail.co.uk/tvshowbiz/ar ... z1ejv4zAWm
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Another example why not to get married if you have money...
- Mr S
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Another example why not to get married if you have money...
"The object of life is not to be on the side of the majority but to escape finding oneself in the ranks of the insane." Marcus Aurelius, Roman Emperor and stoic philosopher, 121-180 A.D.
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