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Woaah! 10 Most Expensive Celebrity Divorces: Honey, Lets Talk In Billions! Biz Tycoons, Media Mogul To Art Collectors
Woaah! 10 Most Expensive Celebrity Divorces: Honey, Lets Talk In Billions! Biz Tycoons, Media Mogul To Art Collectors

India.com

time4 days ago

  • Entertainment
  • India.com

Woaah! 10 Most Expensive Celebrity Divorces: Honey, Lets Talk In Billions! Biz Tycoons, Media Mogul To Art Collectors

photoDetails english 2942071 Updated:Aug 07, 2025, 07:00 AM IST 10 Most Expensive Celebrity Divorces 1 / 12 10 Most Expensive Celebrity Divorces: Separation never come easy on any one, especially if it also tags along a hefty severance. Today, let's go down the memory lane and try to scroll through some of the world's most expensive and talked about celebrity divorces. Right from Bill Gates and Melinda Gates split to Jeff Bezos and MacKenzie Bezos' divorce - these high-profile cases involved billions and not just millions. Take a look at this compilation based on several media reports. Bill Gates and Melinda Gates Divorce 2 / 12 Bill Gates and Melinda French Gates divorced in May 2021 after 27 years of marriage. The divorce was announced via a joint statement on Twitter, citing irreconcilable differences. Seen as the most expensive divorce till date making $76 billion ($86.7 billion inflation adjusted), one of the largest settlements on record, as per Jeff Bezos and MacKenzie Bezos Divorce 3 / 12 Jeff Bezos's divorce from his second wife, MacKenzie Scott, was finalized in 2019. The divorce settlement resulted in Scott receiving a 4% stake in Amazon, which was valued at approximately $38 billion at the time. It is touted as the second most expensive divorce with MacKenzie Bezos getting $38 billion ($46.7 billion inflation adjusted), as per online reports. Alec Wildenstein Divorce 4 / 12 Alec Nathan Marcel Wildenstein was a French-born American billionaire businessman, art dealer, racehorse owner, and horse breeder. Alec Wildenstein's 1999 divorce from Jocelyn Wildenstein was one of the most expensive in history, with a settlement estimated at $3.8 billion. ($7.2 billion inflation adjusted). Rupert Murdoch Divorce 5 / 12 Rupert Murdoch, the media mogul, divorced his second wife Anna dePeyster in 1999 with an estimated settlement of $1.7 billion ($3.2 billion inflation adjusted). Anna received a settlement of US$1.2 billion in assets. 17 days after divorcing his second wife, Murdoch, then aged 68, married Chinese-born Wendi Deng, reportedly. Bill Gross Divorce 6 / 12 Bill Gross's divorce from his second wife, Sue Gross, was much in news. The divorce, finalized in 2017, involved accusations from both sides. The settlement reportedly involved a $1.3 billion payout to Sue Gross ($1.7 billion inflation adjusted) as per wiki information. Bernie Ecclestone's Divorce 7 / 12 Bernie Ecclestone's divorce from Slavica Radić (also known as Slavica Malic) in 2009 estimated at $1.2 billion ($1.8 billion inflation adjusted), reportedly. Steve Wynn's Divorce 8 / 12 Stephen Alan Wynn is an American real estate developer and art collector. His divorce in 2010 from Elaine; estimated at $1 billion ($1.4 billion inflation adjusted). Chey Tae-won's Divorce 9 / 12 Chey Tae-won is a South Korean billionaire businessman. His divorce from Roh Soh-yeong in 2024; approximately $1 billion. BBC reported that he was ordered to pay his ex-wife 1.38 trillion won ($1bn; £788m) in cash - the country's largest ever divorce settlement. Harold Hamm's Divorce 10 / 12 Harold Glenn Hamm is an American business magnate in the oil and gas business. His divorce in 2012 from Sue Ann Arnall; estimated at $974.8 million ($1.3 billion inflation adjusted), reportedly. Adnan Khashoggi's Divorce 11 / 12 Adnan Khashoggi was a Saudi businessman and arms dealer. His divorce in 1980 after 20 years from Soraya Khashoggi was estimated at $874 million ($2.8 billion inflation adjusted), reported Wiki. Mohammed bin Rashid Al Maktoum Divorce 12 / 12 Sheikh Mohammed bin Rashid Al Maktoum is an Emirati politician and royal who is the current ruler of Dubai, and serves as the vice president and prime minister of the UAE. His divorce in 2019 after 15 years of marriage from Haya bint Hussein was estimated at $730 million ($787 million inflation adjusted), as per Wiki information.

Student Loan Repayment Plans Suspended—What It Means for Borrowers
Student Loan Repayment Plans Suspended—What It Means for Borrowers

Yahoo

time19-03-2025

  • Business
  • Yahoo

Student Loan Repayment Plans Suspended—What It Means for Borrowers

Amid many changes occurring within the Department of Education, one development that has many Americans stressed is the adjustments being made to federal student loan repayments. The reason: Certain repayment options have been suspended with no end date in sight. Keep reading to learn more about the suspension of income-driven repayment plans for student loans and what it means for borrowers. On February 18, a federal appeals court blocked the Saving on a Valuable Education (SAVE) plan put in place by the Biden administration. This student loan repayment plan was created by executive order in 2023 and allowed borrowers the option to pay back their loans with lower repayments based on income. Some people even had their loans completely forgiven altogether. "The Secretary has gone well beyond this authority by designing a plan where loans are largely forgiven rather than repaid," the appeals court said in its ruling. "We thus affirm the entry of the preliminary injunction, though we conclude the district court erred by not enjoining the entire rule and we remand with instructions to modify the injunction accordingly." As part of the ruling, now other income-driven repayment (IDR) plans have been brought into question. Unlike other plans with a fixed monthly bill, this type calculates the monthly loan payments based on finances and family size. The caveat? The borrower must periodically provide proof that they still qualify for the plan. However, all of that seems to be changing. According to the Department of Education has closed all applications for future students looking to borrow under these plans. The Federal Student Aid website has disabled buttons for Income-Based Repayment (IBR), Income-Contingent Repayment (ICR), Pay As You Earn (PAYE), and Saving on a Valuable Education (SAVE) repayment plans. While it's clear that these IDR plans are inaccessible for future borrowers for the time being, others who are currently enrolled have been left frustrated and confused, reports Scripps News. This is partly because borrowers under the plans need the applications to recertify their loans. The Federal Student Aid website tells borrowers this process (done annually) means, 'You update us with your income and family size information so that your servicer can recalculate your payment. You must do this even if there has been no change in your income or family size.' Failure to recertify the loan can impact eligibility or monthly payment. For example, if you don't confirm your family size, your servicer will assume your family size as one and increase your monthly payment. In the case of the PAYE and IBR plans, you would no longer be able to make payments based on income. If you're currently enrolled in any of these IDR plans, you'll first want to contact your loan servicer to stay on top of this recertification process. 'Get a sense of when your recertification deadline is and get a sense of what options are available to you if the form is not available online to recertify your income," Aissa Canchola Bañez, policy director at the Student Borrower Protection Center, told Scripps News. Unfortunately, failure to do so could result in higher payment amounts. If you can't make those payments, your loan could become delinquent and eventually default. To avoid this, temporary relief is available through forbearance, which means a pause in payments or smaller payments in the short term. (A note: Borrowers only get so much forbearance, interest will still accrue, and you likely won't make progress toward forgiveness or paying back your loan. For that reason, it's recommended you only use it if absolutely necessary!) Borrowers enrolled in the SAVE plan are currently in administrative-placed forbearance and therefore are not required to make payments at this time. Also, Public Service Loan Forgiveness (PSLF) is not directly affected by the suspension, but future eligibility could be impacted if borrowers switch to different plans. At this point, contacting your loan servicer is the best course of action until more information is provided for current borrowers. This will hopefully help you maintain your enrollment in one of these income-driven repayment plans so you can continue to budget accordingly. 'FBI: CIA' Spinoff Confirmed by CBS—Here's Everything We Know About the New Series Everything We Know About '9-1-1: Nashville'—Chris O'Donnell Trades NCIS Badge for Firefighter Gear! Ben Folds Announces 2025 Tour: Solo Shows, Symphony Performances and Song Requests by Paper Airplane

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