Now that Khloe Kardashian has filed for divorce from Lamar Odom, fans are dying to know the terms of their divorce settlement. What will Khloe get? What about Lamar? Here are the financial details for the millions of Kardashian fans who have been following the marital crisis of Khloe and Lamar, based on Dec. 15 news reports from Radar Online and Perez Hilton which confirm earlier reports from TMZ.com, The Hollywood Gossip, Heat World and others.
Net Worth of Khloe and Lamar
Lamar Odom, an NBA player has an estimated net worth of approximately $100 million from his professional basketball career and endorsements. See Lamar Odom’s Money Under Kardashian Family's Control. Khloe Kardashian’s net worth is considerably less – an estimated net worth of around $18 million from the Kardashian family’s reality TV show and associated interests (endorsements, Kardashian-owned fashion business, beauty products, etc.)
The division of their marital property is governed by an ironclad prenup which kept all of their property separate in the event of a divorce.
What Khloe Kardashian Gets
Khloe Kardashian gets to keep the $4 million mansion in Tarzana, California that she and Lamar bought as their marital home. See Moving Van Seen at Khloe Kardashian-Lamar Odom Family Home: Who's Moving Out?
Khloe also gets to keep her engagement ring (worth $1 million) along with all jewelry and gifts given to her by Lamar during the course of their 4-year marriage.
She is reportedly entitled to also entitled to $500,000 for each year she was married to Lamar which comes to an additional $2 million dollars. See Khloe Kardashian $2 Million Dollars Richer for Strategically Timing Her Divorce
Further, Khloe will remains as the sole beneficiary of a $10 million life insurance policy established by Lamar which will remain for the rest of their lives.
Spousal Support, Infidelity Clause and Other Matters
Should Khloe so choose, she would be entitled to spousal support from Lamar for half the leKhloe is ngth of their marriage which comes to about two years. But Khloe is not asking for spousal support and wants the judge to reject any bid by Lamar for the same.
Lamar has already waived his rights to seek spousal support from Khloe and any claims to any money she earned from the Kardashian family empire and business interests. See Lamar Odom’s Money Under Kardashian Family's Control
Contrary to earlier reports, there is no infidelity clause in Khloe and Lamar’s prenup. According to an insider with knowledge of the document, there is no such clause. The insider says it simply doesn’t exist.
Nothing has been reported yet about the existence of a confidentiality clause. If no such clause exists, (as it did in the case of Kris Humphries and Kim Kardashian) Lamar is free to write a tell-all book exposing all the Kardashian secrets should he so desire. It was previously predicted by a publishing industry insider that Lamar chose to write a Kardashan family expose, he could get an advance in the $10 million range.
What Lamar Odom Gets
Because of his foresight in having an ironclad prenup drawn up, Lamar Odom gets to keep the lion’s share of his fortune (whatever the Kardashian clan hasn’t had the opportunity to siphon off). See Lamar Odom’s Money Under Kardashian Family's Control
It was rumored that Lamar was demanding $10 million in return for giving Khloe a quickie divorce. But those rumors are baseless, and untrue. See Kardashian Family Reality TV Show: Staged Scenes Lead to Ratings Decline?
Thanks to his involvement with the Kardashian clan and the fact that he cheated on Khloe Kardashian, Lamar also leaves his 4-year marriage with a tarnished reputation and a sabotaged professional NBA basketball career.
But most importantly Lamar gets his freedom from the clutches of the Kardashian clan and all the drama that entails, which may be what he wants most of all. See Lamar Odom Cheating to Pressure Khloe Kardashian into Filing for Divorce?
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*** © copyright 2013 Ruth Houston / All Rights Reserved.
Ruth Houston is a journalist, author, columnist, speaker and member of the American Society of Journalists and Authors (ASJA) specializing in celebrity and lifestyle topics. She writes a Celebrity Infidelity column, and is frequently called on by the media to comment on celebrity infidelity scandals, high profile infidelity court cases, and popular infidelity/ relationship issues in the news. Ruth also does cruise ship lectures on celebrity scandals, as well as other lifestyle topics. To interview infidelity expert Ruth Houston, or have her speak at your next event, call 718 592-6029 or e-mail InfidelityExpert@gmail.com
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