Sugar Baby Wendi Deng Could Walk Away with $94 Million By Divorcing Media Billionaire, Rupert Murdoch

Sugar Baby Wendi Deng Divorcing Rupert MurdochWhen Rupert Mur­doch divorced his sec­ond wife back in 1999, the media mogul ended up hav­ing to fork over $1.0 bil­lion in assets as part of their divorce set­tle­ment. So, when he mar­ried his much younger sec­ond wife, Wendi Deng, he made sure he had a prenup drawn up to pro­tect him and his family’s $13.4 bil­lion fortune.

The cou­ple announced that their 14-year mar­riage was offi­cially over in June 2013, and the prenup pretty much out­lined how the divorce set­tle­ment would pan out. Now, five months later, Mur­doch and Deng are get­ting close to set­tling. Accord­ing to an insider, Murdoch’s soon-to-be ex-wife will get to keep their pent­house in Man­hat­tan, which they orig­i­nally paid a whop­ping $44.0 mil­lion for when they bought it eight years ago—it’s also esti­mated that they’ve spent up to $50.0 mil­lion on fur­ni­ture and remod­el­ing the place since mov­ing in.

Deng’s expen­sive divorce digs aren’t just a gen­er­ous offer­ing from Mur­doch. The only rea­son he’s agreed to give up the pent­house to his ex-wife is so that their two young kids can stay with their mother in their fam­ily home.

Mean­while, Mur­doch will get to keep his homes in Cal­i­for­nia, includ­ing his 16-acre vine­yard in Bel-Air that has its own 8,000-square foot man­sion. Fur­ther­more, Deng will not be able to tap into Murdoch’s two huge media empires, News Corp. and 21st Cen­tury Fox, because she doesn’t have a stake in the trust that con­trols the two companies.

The divorce set­tle­ment still has to be approved by a judge, but Mur­doch is report­edly look­ing for­ward to “have this almost behind him.”

What do you think: Does Wendi Deng deserve more than just the apart­ment in their divorce settlement?

Sources:

James, M., “Rupert Mur­doch final­iz­ing divorce; Wendi Mur­doch keeps NY apart­ment,” Los Ange­les Times web site, Novem­ber 19, 2013; http://goo.gl/ViJF1S.

“Rupert Mur­doch & fam­ily,” Forbes web site; http://goo.gl/CjdSep, last accessed Novem­ber 20, 2013.

Photo Credit: Fea­ture­flash / Shutterstock.com