The title of the hit reality TV program alone, “Keeping Up with the Kardashians” says a lot. The Kardashians have become a pop culture phenomenon in the past decade. Kim isn’t the only star in her family. Her so-called “momager” Kris Jenner has success and stardom all her own, and she likely has millions of dollars to show for it.
But who fails to keep up with the other in regards to the finances of Kris and her now estranged husband Bruce Jenner? The couple has been married for more than 20 years but announced that they are separating this week. Assuming that the split goes forward, this celebrity divorce could have a lot in money and assets for the pair to divide and settle, an estimated $125 million-worth.
For the younger folks whose interests rest mainly in pop culture and reality TV, they might not know how famous and successful Bruce has been in his own right as an athlete and olympian. Have his achievements ended up lining his pockets like the more recent achievements and fame of Kris and her kids have lined Kris’ pockets?
The two have been married throughout the course of the rising popularity of the Kardashian kids, and — if initial reports related to the recently announced divorce are true — Bruce and Kris do not have a prenuptial agreement in place. This could end up being a positive reality for Bruce since the financial gain during a marriage is generally seen as community property. (Arizona has the same property division law.)
There will undoubtedly be numerous updates and further details about the high-asset divorce between Kris and Bruce. While not everyone might care about the lives of celebrities, their publicized lives can provide opportunities to shed light on the family law process and the area of property division in particular.
Source: New York Daily News, “Kris Jenner, Bruce Jenner split: No prenup with $125 million fortune at stake could result in messy divorce for the couple,” Nancy Dillon, Oct. 9, 2013