Morgan Freeman Has A Fortune To Lose
The Chicago Sun-Times is reporting Morgan Freeman’s assets, initially estimated to be approximately $90 million, could be worth more than three times that. It is now being reported the actor has made various real estate investments which have made significant profits and has saved money through his thrifty living. According to the Sun-Times, “Among assets contributing to the actor’s bounty are a very valuable gold coin collection, a rare stamp collection, a $7 million home in the Virgin Islands, real estate in Freeman’s native Mississippi worth nearly $30 million (including a $5 million personal home), a $10 million New York apartment and a $15 million Los Angeles estate.”
This also means Freeman’s wife could now reach a settlement worth nearly $100 million. The couple announced their separation and intent to divorce after Morgan Freeman’s car accident near Memphis in August. Another woman was in the car accident with Freeman, but claims she is a long time friend of both Mr. and Mrs. Freeman.
In general, the alimony claim of a non-working spouse strengthens with each year of marriage. Another factor is the age of a spouse at the time of the divorce; a thirty year old who has been married for five years is likely to receive significantly less alimony than a fifty-five year old who has been married for thirty years. However, in cases where there is a large marital estate, such as $100 million, it is likely that no alimony will be awarded at all, as there are sufficient assets for the spouse to live off of without the need of any additional income.