Arnie-Maria’s $400m divorce
It is estimated that a whopping 400 million dollars may be at stake in the divorce between Arnold Schwarzenegger and Maria Shriver. The estranged couple have an estimated net worth of more than 200 million dollars with some estimates putting it closer to 400 million dollars.
The couple live in California, one of ten community property states. Community property is defined as the money you earn or acquire during the marriage and is co-owned by both parties, regardless of who earned it. The law requires that the community estate be divided equally if there is no written agreement to the contrary. But if the couple had entered into a pre-nuptial agreement, the split of assets may have already been determined.