Former Los Angeles Mayor Antonio Villaraigosa struck quite a few offers whereas at Metropolis Corridor, however his newest rating is private. Within the divorce settlement ending his seven-year marriage, Villaraigosa secured a Volvo and a house in Beverly Hills and will get to maintain his Netflix account.
The phrases of the 72-year-old Villaraigosa’s divorce settlement with 52-year-old Patricia Villaraigosa had been finalized in L.A. County Superior Courtroom earlier this week.
As a part of the settlement, Villaraigosa agreed to pay his soon-to-be ex-wife $500,000 in lieu of spousal help and $100,000 for her “lawyer’s and forensic accounting charges and prices,” in line with court docket information.
The pair additionally agreed that she’s going to drop the Villaraigosa surname and revert to her maiden identify, Govea, and can replace her data with the Division of Motor Automobiles and different state and federal businesses. As a part of the settlement, she agreed to not use the Villaraigosa identify for any social, advertising or enterprise functions, in line with court docket paperwork.
The phrases of the settlement settlement had been first reported by In Contact Weekly.
The settlement was filed in court docket on Monday and permits Patricia Villaraigosa to maintain two properties in Mexico and a 2016 Vary Rover, together with financial institution accounts and all furnishings, paintings and jewellery in her possession.
Antonio Villaraigosa will preserve a 2024 Volvo XC60, his final identify, financial institution accounts, his pension, a house in Beverly Hills and all streaming companies, together with the Netflix account.
A spokesperson for Villaraigosa didn’t instantly reply to requests for remark in regards to the divorce settlement.
The settlement comes after Villaraigosa introduced he plans to run for California governor subsequent 12 months, marking his second try to steer the Golden State. When he left Metropolis Corridor in 2013, Villaraigosa stated he had “no job, no home, no automotive.”
However in 2017 as a gubernatorial candidate, his tax returns confirmed that he made greater than $4 million as a marketing consultant to varied companies, together with multilevel advertising firm Herbalife, Banc of California, water firm Cadiz, international public relations agency Edelman and the AltaMed chain of well being clinics.
He additionally started educating on the USC Value College of Public Coverage when he left Metropolis Corridor. He ended up ending third within the governor’s race behind Gavin Newsom and Republican John Cox.
Antonio Villar turned Antonio Villaraigosa in 1987, when he married Corina Raigosa and so they merged their final names. The couple divorced in 2007 and Villaraigosa married Patricia Govea in August 2016.
Villaraigosa filed for divorce from Patricia Villaraigosa in 2022, in line with court docket information. That case was dismissed the next 12 months, however he filed once more in January 2024 and requested that neither occasion be awarded spousal help.
