The divorce settlement between former governor Elliot Spitzer and Silda Wall Spitzer have been revealed this Monday. Former New York governor Spitzer will have to pay $7.5 million after taxes to his ex-wife, according to Huffington Post news reports. The couple ended their 26 years of marriage when they filed for divorce in January 2014.
In addition to the mega millions that will be banked – based on a postnuptial agreement – the wealthy loyal Mrs. Spitzer will also get to keep the Fifth Avenue New York City apartment as part of their divorce settlement.
Mr. Spitzer will also have to provide a new car every five years along with $240,000 annually to his ex-spouse for life or until she ever decides to remarry.
Wait, there’s more.
Also, up to $100,000 has been agreed upon to disperse annually to any of her favorite charities.
On March 12, 2008, the New York governor’s political career ended when he announced his official resignation after scandalous reports were leaked of his philandering connections within a prostitution ring; acts he once publicly despised and held others accountable when investigated while under his reign in office.
During the public resignation announcement, Mrs. Spitzer stood stoic and frozen next to her husband, the picture of humiliation were critiqued nationwide by media news critics.
New York Lieutenant Governor David Paterson assumed Spitzer’s relinquished seat. Paterson was sworn in as the first blind governor of New York on March 17, 2008; he held office until 2010.
Mrs. Spitzer filed for divorce five years after Spitzer’s disgraced resignation.
Soon after the couple’s divorce was made public, Mr. Spitzer announced he was dating Lis Smith, a 30-year-old who was once aide to the former New York Mayor from 2010 to 2013, Bill de Blasio.
Former Governor Spitzer raised three daughters with Silda Wall Spitzer; Elyssa, 23, Sarabeth, 20, and 18-year-old Jenna.