Usually when a billionaire marriage breaks up, the expectation is for a prolonged and extremely contentious courtroom battle over the distribution of belongings. However that’s evidently not the expectation of Kara Ross, spouse of property billionaire and proprietor of the Miami Dolphins Stephen Ross, who has simply filed for an “uncontested divorce” – that means that she doesn’t anticipate any form of courtroom battle over the cut up.
CNW has Ross’s net worth at a wholesome $7.7 billion, and in accordance with a Every day Mail report the cut up is amicable and presided over by a prenuptial settlement the couple signed earlier than getting married in 2003. That settlement reportedly stipulates that Kara will not get any a part of Stephen’s quite a few enterprise holdings, corresponding to his majority stake within the Dolphins or his shares in companies like Soul Cycle and Equinox. However one authorized knowledgeable estimates that she may nonetheless stroll away with as much as $300 million within the divorce, which might after all rank it as one of the crucial costly in New York state historical past.
The Stephen Ross enterprise empire might not be in jeopardy as a result of divorce, however the couple does collectively personal just a few vital belongings. For instance a lush Southampton mansion valued at a reported $6.2 million. Then there’s their much more lavish Palm Seashore mansion, often called “The Reef,” which Ross is reported to have bought in 2007 for practically $32 million. The 2 additionally shared a penthouse New York Metropolis house overlooking Central Park, however that was offered in July for $49.9 million.
Neither Kara nor Stephen Ross have made any public remark to the press concerning the cut up as of this writing, however we might even see extra particulars about no matter monetary association they attain because it goes via the ending touches via their respective attorneys and the courts.