No Prenup, No Problem? David Geffen’s Divorce Could Cost the Mogul Billion

Entertainment mogul David Geffen, aged 82, is embroiled in a highly publicized divorce that ranks among the costliest in recent Hollywood history. The billionaire, whose estimated wealth ranges between $8.7 billion and $9.1 billion, is facing a tumultuous separation from his significantly younger estranged spouse, David Andrew Armstrong, 32, also recognized as Donovan Michaels. The absence of a prenuptial agreement amplifies the potential financial ramifications.In June 2020, Michaels, previously a go-go dancer, personal trainer, and model, met Geffen while fulfilling his role as a trainer for the music industry titan.Tensions escalated when Michaels filed a lawsuit in July, alleging breach of promises for “lifelong support” following their breakup. Armstrong asserts Geffen's decisions, including relinquishing financial assistance and evicting him, violated their implicit contract. Despite Geffen's considerable financial outlays since their separation, he seeks to cap future spousal support to $50,000 monthly for just a year.Legal experts caution that while Geffen’s assets, generally classified as separate property, may pose challenges for Armstrong, the lack of a prenup could permit some negotiation room.

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