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While their names may not necessarily be common among everyone in the general population, billionaire businessmen often become household names when going through a divorce with millions of dollars on the line. As one example, you might have known who energy magnate Michael Polsky was a short time ago. You may not know who he is now, but may have heard of a recent $184 million Chicago divorce verdict in favor of his ex-wife Maya. This divorce verdict is believed to be the largest in U.S. history.

May 8, 2008

Jailed Tyco Chief Dennis Kozlowski nearing Final Divorce Terms

Bloomberg news service has reported that former Tyco head Dennis Kozlowski, currently in jail for embezzlement of millions from the company, is nearing final terms of his divorce from wife Karen Mayo. Kozlowski is in jail for, among other things, throwing a $2 million party for Mayo on Tyco's dime. Mayo filed for divorce in July, asking for half of Kozlowski's assets and financial support.

Las Vegas Governor Jim Gibbons Seeks Divorce

The New York Times has reported that Nevada Governor Jim Gibbons has filed for divorce from Dawn Gibbons. In court documents, the Governor asked to have his wife vacate the governor's mansion. Dawn Gibbons was quoted in the Las Vegas Review Journal as saying that she did not know why her husband was seeking a divorce. The couple has been married for more than 24 years.

April 25, 2008

Author Salman Rushdie Denies Dating Rumors

ANI news service has reported that "Satanic Verses" author Sir Salman Rushdie, 60, has denied rumors that he is dating athlete Aimee Mullins, 31. Rushdie is not yet divorced from "Top Chef" host Padma Lakshmi. The ever-quotable author told news reporters, "Only a couple of months ago I was in love with Carrie Fisher apparently. Before that I was having an affair with a Bollywood actress. Aimee is a dear friend of mine and so is her boyfriend." Meanwhile, estranged wife Lakshmi has been linked in the press with billionaire Adam Dell, and Lakshmi has not confirmed or denied rumors. Rushie and Lakshmi were married in 2004 and split last year. Their divorce is pending.

Former WorldCom CEO Bernie Ebbers to Divorce While in Jail for Fraud

Madison County Chancery Clerk's Office. Ebbers was convicted three years ago of multiple fraud charges regarding the former telecom giant WorldCom. It is not known how long the couple was married.

April 18, 2008

Salman Rushdies New Book Saved Him from Divorce Woes

Reuters news service has reported that legendary British author Salman Rushdie said writing his new book, "The Enchantress of Florence," saved him from the "wreckage" of his divorce from wife Padma Lakshmi, who hosts the hit cable television show "Top Chef." "I was derailed for a while. I was in bad shape... I suppose [writing the book] was a bit of a refuge," Rusdie told the news service, "In the end what got me through [the divorce] was the long familiarity of the necessary discipline of writing a novel." The couple was married in 2004 and split last year. They have no children together.

British Playwright Tricia Walsh-Smith Rips on Husband Philip Smith in Six Minute YouTube Video

Gorgeous British playwright and actress Tricia Walsh-Smith penned a London play called "Bonkers" and she certainly acted the part in a six minute video she published on Youtube in which she rails against her estranged husband Philip Smith. Walsh-Smith, 49, called her 74-year old husbands secretary in the video and asked her what she should do with the Viagra, porn, and condoms she found. "Just ask him what he wants me to do with them, would you?" she asked the secretary. Walsh-Smith claims her husband is trying to evict her from her home and leave her with no financial resources after their divorce. During the rant, she shuffled tarot cards and said, "I did my cards this morning and look, its Victory!" she exclaimed, showing the card, "So maybe Ill be all right." Philip Smith was unavailable for comment.

March 27, 2008

New Governor of New York Admits to Affairs, Nearly Divorced Wife

Perhaps we can put this in the "Too Much Information" category. In a highly unusual public admission, New York's newest Governor, David Paterson, not long after being sworn in, confessed to the New York Daily News that he had affairs while married to his current wife, Michelle, and then admitted that his wife had also had affairs. "Like most marriages, you go through certain difficult periods," Michelle Paterson told a reporter. "What's important is for your kids to see you worked them out." Paterson was appointed Governor after Eliot Spitzer resigned from the New York Governorship after the New York Times had made public his use of an international prostitution ring. Spitzer may face criminal charges on the incident.

Celebrity Divorce Updates for March 14, 2008

Uncomfortable Silence between Salman Rushie and Ex Padma Lakshmi

Page Six has reported that there was a palpably uncomfortable silence between estranged couple Salman Rushie, author of "The Satanic Verses," and his estranged wife, Padma Lakshmi, host of reality cooking show "Top Chef," when the pair were seated about six feet apart at a Miami movie screening of "Sleepwalking." Lakshmi was there with billionaire Adam Dell. Rushdie, always a gentleman, finally broke the silence by greeting the couple and shaking their hands. Rudhdie and Lakshmi were married in 2004 and split last year. Their divorce is pending.

Philadelphia Anchor Bob Kelly Splits with Wife Colleen

Philadelphia's Channel 3 traffic anchor Bob Kelly has officially announced a split from his wife Colleen, after television viewers noticed that Kelly was no longer wearing his wedding ring. Kelly admitted the couple plans to divorce, saying he and Colleen have separated, but there is "no drama" in the divorce. They have two children together.

December 14, 2007

Paula Zahn's Affair Outed in New York Times Article

A New York Times article has finally outed Manhattan rumors that the reason former CNN anchor Paula Zahn is divorcing real estate mogul Richard Cohen after 20 years is because of an affair with Cohen's friend, philanthropist Paul Fribourg. Zahn filed for divorce from Cohen last April, claiming Cohen mismanaged her money. Cohen denies the claims. The couple has three children together. The divorce is heated, but quiet. Stay tuned.

September 25, 2007

Tyco's David Kozlowski's Divorce Heats Up

Bloomberg News Service has reported that imprisoned former Tyco CEO Dennis Kozlowski's divorce proceedings have heated up. The former CEO, who received divorce papers from estranged wife Marci while serving time in prison for a financial scandal, has been ordered to disclose his assets publicly by mid-October. This could open up new lawsuits from investors who have sued Kozloswski for damages. Dennis and Marci Kozlowski married in 2001.

September 12, 2007

Hilary Clinton Has Good Reasons Not To Divorce Bill!

With all the controversy concerning former President Bill Clinton's extramarital indulgences - and who could forget Gennifer Flowers, Monica Lewinsky and the Paula Jones lawsuit - many people often wondered why Hilary Clinton stood by her man and never filed for divorce.

It could be many things, but very importantly, he is very valuable to her political career. Hilary Rodham Clinton was elected as Senator to New York in 2000 and re-elected in 2006. She now is seeking the Democratic nomination to run for the presidency of the United States.

Hilary Clinton is throwing a huge fund-raising party to promote her candidacy on September 17th billed as "An Evening with President William Jefferson Clinton". See how much more valuable he is as a husband, rather than an ex-husband?

August 28, 2007

Reporter Paula Zahn Sues Estranged Husband Richard Cohen

United Press International has reported that former CNN news reporter Paula Zahn has filed a lawsuit in a Manhattan Court against Richard Cohen, her estranged husband. Zahn is suing Cohn for improperly investing $25 million of her money. According to the New York Daily News, Zahn allowed Cohen to control her finances for 20 years and has asked for a full accounting of her investments. Court papers filed on Zahn's behalf accused Cohen of making "dubious investments" during their marriage.

August 14, 2007

McGreevey Divorce Judge Lectures Former Governor and Wife

The Associated Press has reported that the judge overseeing the nasty divorce between former New Jersey governor Jim McGreevey, who is now openly gay, and his wife Dina Matos McGreevey has warned the couple that they don't have the money or emotional strength for a long, public divorce trial. The McGreeveys had reportedly spent four hours behind closed doors, attempting to work out an agreement, but failed. A trial date has been set for May 2008 if the couple can not work out their differences. The couple split in 2004 and the former governor filed for divorce last year. The couple made national headlines several years ago when then New Jersey Governor McGreevey announced he'd had an affair with a male staffer and was a "gay American" while his wife stood at his side. Dina Matos McGreevey has since written a book about being married to a gay man. The couple has yet to agree on alimony>, child support and child custody issues in their heated divorce. They have one daughter together.

July 27, 2007

Czech Prime Minister Mirek Topolanek Seeks Divorce

Prague newspapers have reported that Czech Prime Minister Mirek Topolanek has filed for divorce from his wife Pavla Topolankova, after fathering a child with a mistress. The Prime Minister has reportedly said that if his wife consents to the divorce, he will give her their flat and continue paying the mortgage. The couple has been living separately since last summer. Divorces amongst world leaders, at least while they are still in power, is an extremely rare occurrence.

July 10, 2007

Banking Tycoon Matthew Mellon Not Guilty of Spying on Wife

United Press International has reported that U.S. banking heir Matthew Mellon has been acquitted in London of charges against him that he had snooped on his wife during their divorce proceedings. According to the London Times, Mellon's wife Tamara had accused him of hiring a detective agency to spy on her and planting software in her computer that monitored her email. The couple was married in 2000 and split in 2004.

July 3, 2007

Controversial Acclaimed Writer Salman Rushdie to Divorce

Controversial author and other acclaimed literary artist Sir Salman Rushdie is divorcing wife Padma Lakshmi after three years of marriage, according to reports in the Daily Mail. Rushie, 60, recently became a knight. His marriage to Lakshmi, 36, was his fourth. Rushdie's most famous work was the 1988 controversial novel "The Satanic Verses," which provoked such violent reactions from the Muslim world that a fatwa, or death threat, was issued against him. Rushdie has spent several years living out of the limelight, appearing in public rarely. Lakshmi hosts a reality cooking show called "Top Chef."

June 26, 2007

CNN's Paula Zahn Moves into Pricey Manhattan Digs

The New York Post has reported that CNN's Paula Zahn has moved out of her Manhattan co-op apartment that she shares with estranged husband Richard Cohen and has moved into a tony rental on East 76th Street in Manhattan. Zahn's new digs will reportedly cost her $40,000 per month. Zahn filed for divorce from Cohen recently after 20 years of marriage. The couple has three children together.

June 19, 2007

Los Angeles Mayor's Wife Corina Divorcing Him After 20 Years

Los Angeles Mayor Antonio Villaraigosa has split from his wife Corina after 20 years of marriage amidst rumors of infidelity. Villaraigosa called a press conference in which he expressed a "personal sense of failure" for the split, according to the Los Angeles Times, but failed to answer further questions about the cause of the split. The next day, Corina filed for divorce in a Losa Angeles Superior Court. Villaraigosa is expected to run for Governor, causing speculation about how his impending divorce could affect his campaign plans.

Chicago Housewife Maya Polsky Gets Millions in Divorce Settlement

A Chicago judge has awarded housewife Maya Polsky, wife of Energy mogul Michael Polsky $184 million, which is reportedly half of Polsky's assets and possibly the largest U.S. divorce settlement ever. The couple married in 1976 and moved to the United States with only $500 in cash. Polsky later founded an energy company that he sold seven years ago for a reported $450 million. The couple divorced in 2003, citing irreconcilable differences, however, the financial settlement was not resolved until now. More than $170 million dollars of the awarded money will be untaxable.

James and Dina McGreevey's Divorce Gets Uglier Than Ever

Although they once reigned as Governor and First Lady of New Jersey with a seemingly happy family life, James McGreevey and his estranged wife Dina have now reportedly thrown propriety to the wind and are continuing their he-said / she-said battle in divorce court. Dina Matos McGreevey, who stood by her husband when he announced to the world that he was a "gay American" and had had an affair with a staff member, has now alleged in court that the former Governor's public accusations that she is "homophobic" has hurt her book sales. Her book is a memoir about living in a marriage with a gay man. McGreevey, however, has responded by saying that his wife's wardrobe was the cause of the drop in book sales, naming an appearance on the Oprah Winfrey Show in which Matos McGreevey appeared in "an inappropriate and ill-fitting ballgown with a plunging neckline." He also charged that her book was "dull, unbelievable, and poorly written." The couple has one daughter together.

June 7, 2007

Russian Multi-Billionaire Roman Abramovich Leaves Wife for Model

Roman Abramovich, a Russian oil tycoon reportedly worth several billion dollars, has announced that he will be divorcing his wife of 15 years for a 25-year old model, Daria Zhukova. Abramovich released a statement detailing his divorce plans from his wife, Irina, who will get as much as $10 billion out of his estimated $23 billion fortune. The couple has five children together.

Billionaires David and Suzanne Saperstein Reach Hush-Hush Divorce

Billionaire couple David and Suzanne Saperstein have reached a final, confidential divorce agreement signed by judges in Los Angeles and Houston. Records were sealed on February 15. The power couple was known for their lavish lifestyles and high-end charitable donations. Prior to the agreement, the couple had disagreed vehemently about spousal support and had taken proceedings to the Texas Supreme Court. The sealed records reportedly resolved the alimony issue.

Dead Herbalife Founder's Divorce Was Corrupted by Wiretaps, Say Estate Executors

Divorce Can Be Ugly, Even After Death
Executors of the estate of Mark Hughes, the late founder of Herbalife International are suing a Hollywood private eye for allegedly wiretapping the executive's home on behalf of his former wife, Suzan Hughes. Suzan and Mark Hughes divorced in 1998, in a reportedly bitter divorce. The lawsuit claims that Anthony Pellicano used wiretaps to help Suzan obtain a "highly advantageous" divorce settlement in 1998 from Mark Hughes. Hughes built the health and nutritional supplement company into a billion-dollar business. He died in 2000 of drug and alcohol overdose. Pellicano is currently in jail, awaiting trial on another case.

Tyco Ex-CEO Dennis Kozlowski Gets Divorce Papers in Jail

The imprisoned former Chief Executive Officer of Tyco International, Dennis Kozlowski, 60, has received divorce papers from his estranged wife, Karen. The papers have asked Kozlowski to disclose his assets and financial condition, which could potentially be of interest to Tyco shareholders, who are suing Kozlowski for a significant drop in share price in 2002. Kozlowski is serving a minimum of eight years in the Mid-State Correctional Facility in Marcy, NY after being convicted of grand larceny and securities fraud for allegedly stealing $137 million from Tyco and selling artificially inflated stock. The divorce papers give Kozlowski 20 days to respond.

Billionaires Plan "Do It Yourself" Divorce

Tim and Edra Blixseth, both California real estate tycoons with an estimated net worth of $2 billion, are divorcing without attorneys or accountants, according to the Wall Street Journal. The couple, who spent 25 years building their fortune, which includes the Yellowstone Club private golf and ski resort, will reportedly share their three jets but divided most of their assets in a single afternoon, over a bottle of wine. Each made a list of what was most important, and they worked from the list to divide the assets. Though not all details have been reached the couple has vowed to divorce 'with dignity.'