Nationwide — Tina Knowles, who’s 70 years previous, and Richard Lawson, who’s 77 years previous, are formally divorced after a 12 months of separation. As a part of their settlement, Tina should pay Richard a one-time cost of $300,000. Neither will obtain spousal assist from the opposite.
The couple, who married on April 12, 2015, separated on July 25, 2023. Tina filed for divorce the next day.
In line with WBLS, court docket paperwork reveal that Tina and Richard’s settlement settlement resolves all remaining points. The couple acknowledged “irreconcilable variations” led to the breakdown of their marriage.
Within the settlement, Tina will hold a 2018 Tesla, a 2020 Bentley, her ebook take care of Penguin Random Home, a 1% stake in Kirby Magnificence Administration LLC, in addition to furnishings, art work, and all inventive work produced throughout their marriage.
Richard’s share features a 2021 Cadillac Escalade, numerous financial institution and retirement accounts, cash owed to Richard Lawson Studios, earned royalties, and all his inventive works from the wedding. Richard was accountable for paying off the Cadillac.
Each Tina and Richard should signal a non-disclosure settlement (NDA) that stops them from talking negatively about one another or their members of the family. This settlement goals to maintain particulars about their youngsters, together with Beyoncé and her husband Jay-Z, personal.
“With respect to the mutual need to guard the privateness rights of any and all current or future grandchildren of both celebration, the events agree that they won’t, when requested by any media or particular person, focus on mentioned grandchildren or future grandchildren whether or not verbally or in writing,” Tina Knowles and Richard Lawson’s settlement reportedly reads.
