Love do cost a thing! As Jennifer Lopez and Ben Affleck head for a $550M blockbuster divorce a look at how their enormous asset list from homes, brand deals, movies and more could be split without pre-nup protection By Natasha Anderson Published: 17:51, 21 August 2024 | Updated: 18:22, 21 August 2024 e-mail 1 View comments Jennifer Lopez and Ben Affleck are bracing for one of the most expensive showbiz divorces at all time as the $550million couple end the marriage they hastily entered into without a prenuptial agreement. Lopez, 55, filed for divorce from Affleck in Los Angeles County Superior Court on Tuesday following months of speculation swirling around their relationship. The actor-director, 52, and singer-actress eloped at the Little White Chapel in Las Vegas on July 16, 2022.
The couple again exchanged vows at Affleck's estate outside of Savannah, Georgia on August 20 that year. J-Lo filed the divorce documents on the two-year anniversary of their Georgia nuptials, but listed their separation date as April 26, 2024. The couple's cumulative wealth is worth an estimated $550million, with Lopez's assets accounting for $400million of their wealth treasure chest.
Affleck is reportedly worth an estimated $150million. The pair - who according to TMZ insiders have 'no prenuptial agreement' - could now be forced to equally split their earnings from the last two years due to California 's community property law, which states any income or assets acquired during a marriage belongs to both spouses equally. Last month, it was reported Lopez had been 'gearing up for a messy divorce' and that she was aiming at acquiring half of the $150million Affleck owns .
Insiders claimed she paid many expenses during their marriage and that Affleck often 'grumbled about spending money.' She also allegedly felt he 'mooched' off of her wealth In the court docs filed this week, Lopez also indicated she was waiving spousal support and requested the court not give Affleck any either. DailyMail.
com takes a look at the millions the couple have made - and will have to share - throughout their short-lived marriage, from film projects, house sales, luxury car purchases, brand deals and everything in between. Jennifer Lopez and Ben Affleck are bracing for one of the most expensive showbiz divorces at all time as the $550million couple end the marriage they hastily entered into without a prenuptial agreement Lopez, 55, filed for divorce from Affleck, 52, in Los Angeles County Superior Court on Tuesday following months of speculation swirling around their relationship. The pair are pictured together at the premiere of the film This Is Me.
.. Now: A Love Story in February 2024 How will they split their millions? Affleck and Lopez have both made millions over the course of their decades-long careers from entertainment projects, investments, branding deals and more.
The actor has invested in the Ultimate Fighting Championship, launched his own production firm and worked on more than 100 films and TV shows, amassing a net worth of $150million. While Lopez's film and music credits, together with her beauty business, investments and brand ambassador deals have earned her even more, totaling $400million. The couple continued to rake in loads of cash over the last years, but they could be legally obliged to split the millions they acquired during their marriage 50/50 - which includes their properties, cars and overall earnings - due to California's community property law.
Lopez allegedly earns about $40million annually, Cosmopolitan reports, but this total may vary based on the number of projects she takes on each year. Affleck's annual salary, like his estranged wife's, likely differs from year-to-year, but in 2020 the actor amassed $55million, earning him a spot on Forbes' Celebrity 100 Earnings List . This means that the pair could receive $95million each, an equal split of the $190million in wages jointly earned over the course of their union.
The soon-to-be exes may be forced to split $104.5million of the properties they've bought and profits they've made from sales since 2022. Lopez and Affleck purchased a five-acre mega-mansion (pictured) in Beverly Hills' exclusive gated community Wallingford Estates in May 2023 for $61million.
They put the home up for sale in May this year Affleck also purchased a $20.5millon Rustic Pacific Palisades mansion (pictured) last month Funds from the sale of his Affleck's Pacific Palisades bachelor pad (pictured) - which he picked up in 2018 for $19million - could also potentially be up for grabs since he sold the home for $28.5million in October 2022, just months after he and Lopez wed The singer also sold her Bel Air Mansion for $34million in October 2023 J-Lo unloaded her Manhattan, New York City penthouse in April this year.
She was asking $25million for the four-bedroom, seven-and-a-half bathroom home At the center of their shared property portfolio is their $61million marital home in Beverly Hills, which they listed for $65million in May 2024. Affleck also purchased a $20.5millon Rustic Pacific Palisades mansion last month.
What is community property? Community property laws require a divorcing couple to split assets that were acquired during their marriage 50/50. Community property encompasses all assets acquired during a marriage, Investopedia reports. This includes all earned income, personal property, and retirement and savings funds.
Assets owned before the marriage or those acquired after a legal separation are not included. Gifts or inheritances received by one spouse during the union are also excluded from community property assets. Similarly, debts accrued before the marriage are not shared and not considered community property.
Nine states have community property laws. They are: Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington and Wisconsin. Advertisement The couple have sold a total of three properties since they wed.
The actor sold his $28.5million bachelor pad. J-Lo offloaded her New York City penthouse and her Bel Air Mansion during their union for an estimated $25million and $34million, respectively.
Lopez and Affleck also purchased a total of $998,330 worth of luxury cars throughout their union, most of which are owned by the actress. She acquired a Ashton Martin DB7, BMW X6, Ferrari 488 GTB and a Lamborghini Urus in the last two years, while Affleck only obtained a Tesla Model S Plaid and a Mercedes-Benz S-Class, Lambocars.com reported.
This means they could each be entitled to just shy of $500million for vehicles alone. Both entertainers have worked steadily in the two years they have been wed, earning income for various streams. Lopez, according to Marca , is paid roughly $10million per film she works on and was involved in five projects in the last two years.
Affleck earns approximately $15million per movie he works on, Cosmopolitan reported, and was credited on six projects since 2022. This means the pair could be looking at evenly splitting at least $140million in film-related income. This is not including two on-going joint ventures that are clearly complicated by Tuesday's divorce filing - a musical adaptation of Kiss of the Spider Woman and Unstoppable, both of which Affleck and Lopez are working on.
The former couple also are also involved in various business and investment ventures that likely yielded some income throughout their union. Lopez's diverse business portfolio which includes her $2billion perfume and make-up company JLO Beauty. It is unclear what her profit share is in the firm.
Lopez acquired a Ashton Martin DB7, (left) BMW X6, Ferrari 488 GTB (right) and a Lamborghini Urus in the last two years Affleck only obtained a Tesla Model S Plaid (left) and a Mercedes-Benz S-Class (right) whilst he was married to Lopez Affleck secured a lucrative brand deal with Dunkin Donuts, which included a $10million commercial that aired during the 2023 SuperBowl In April this year, Lopez revealed she was getting into the booze business and founded a brand of alcoholic beverages called Delola Spritz She last year committed to brand deals - for undisclosed amounts - with Italian lingerie company Intimissimi, clothing firm Revolve and launched an affordable shoe line at DSW. In April, Lopez also revealed she was getting into the booze business and founded a brand of alcoholic beverages called Delola Spritz. Affleck secured a lucrative brand deal with Dunkin Donuts, which included a $10million commercial that aired during the 2023 SuperBowl.
He and fellow actor Matt Damon are co-founders of production company Artists Equity, which they launched in November 2022 with an at least $100million investment from RedBird Capital. It is unclear what each of their individual investments return annually, but under community law, the pair would be required to equally split these earnings. Lopez is paid roughly $10million per film she works on and was involved in five projects in the last two years.
Pictured, left, is Lopez in Shotgun Wedding (2022) and on right in This Is Me...
Now: A Love Story (2024) Affleck earns approximately $15million per movie he works on and was credited on six projects since 2022. He is pictured, left, in Deep Water (2022) and in Hypnotic (2023) on right J-Lo's individual assets Lopez built a significant empire for herself long before she married Affleck. The singer, whose career began as a dancer in the early 1990s, has released nine studio albums, three compilation albums, a soundtrack, an extended play and one remix album to date.
She also released 66 singles, 14 of which she was a featured artist, five charity singles and 13 promotional singles. The star left her mark on the film and television industries as well, having been credited as an actress in 136 total projects and as a producer on 27 others. She is also working on several upcoming projects.
Only nine of her film and TV projects and eight of her music releases occurred during her marriage to Affleck. Lopez's diverse business portfolio which includes her $2billion perfume and make-up company JLO Beauty. Lopez purchased a $32.
5million 10-bedroom mansion on Miami's Star Island (pictured) with Alex Rodriguez in 2020 She was a host on American Idol for three seasons, from 2014 to 2016, with a salary of $17.5million per season. Her Vegas residency, which span 121 shows from 2016 to 2018, was the sixth highest-grossing residency of all time, earning her $101.
9million. She is reportedly an investor in the fitness app Strava and in FinTech startup Acorns, which she invested in while married to Aaron Rodriguez in 2019. She also put $15million into NRG Esports' Series B funding in 2017.
J-Lo also owned seven luxury vehicles ahead of the marriage and at least two properties, including a three-acre $10million home in the Hamptons which was purchased in 2013. She purchased a $32.5million 10-bedroom mansion on Miami's Star Island with Alex Rodriguez in 2020.
It appears she still owns this home. Affleck's personal assets In addition to his luxurious car collection and 87-acre property on Hampton Island Preserve in Georgia, Affleck has amassed quite a diversified investment portfolio. He is also the co-founder of a nonprofit organization called the Eastern Congo Initiative, which provided $10.
5million in grants during the first 10 years of its existence. Affleck owns a 87-acre property on Hampton Island Preserve in Georgia, where he and Lopez exchanged vows in August 2022. He bought the property (pictured) in 2003 for $7.
11million Affleck and fellow actor Matt Damon are co-founders of production company Artists Equity, (left) which they launched in November 2022 with an at least $100million investment from RedBird Capital. He is also the co-founder of a nonprofit organization called the Eastern Congo (right) Initiative, which provided $10.5million in grants during the first 10 years of its existence In 2016, Affleck invested $41.
25million in the Ultimate Fighting Championship. He also invested $1.5million in a Mexican wine company alongside actor Cillian Murphy, though specifics surrounding the brand or his involvement are scarce.
The majority of Affleck's earnings appear to stem from his award-winning film and television career. He is credited as an actor in 84 projects, producer on 27 and a writer on six. He is also currently working on at least a dozen projects in various capacities, according to IMBD.
Ben Affleck's total assets Net Worth: $150millon Annual Salary: Estimated $55million Houses: $61million Wallingford Estates, purchased with Jennifer Lopez in May 2023 Rustic Pacific Palisades home, purchased July 2024 for $20.5million Hampton Island Preserve in Georgia, purchased in 2003 for $7.11million Cars: Bentley Mulsanne - $316,000 Lexus RX - $48,950 1969 Cadillac DeVille Coupe - $5,720 original price tag, now worth roughly $34,000 in 2022 Dodge Challenger SRT Hellcat - $65,000 1966 Chevrolet Chevelle - $50,000 Audi S8 - $117,000 Mercedes-Benz EQS 580 AMG - $126,895 Lexus LS 600h - $106,035 Tesla Model S Plaid - $131,440 Mercedes-Benz S-Class - $117,000 Bentley Bentayga - $285,114 Lamborghini Urus - $230,000 Brand Deals: Dunkin Donuts deal worth 'several million dollars' $10million Dunkin SuperBowl commercial in 2023 Companies: Artists Equity, co-founded with Matt Damon with an at least $100million investment from RedBird Capital Co-founder of nonprofit Eastern Congo Initiative Investments: Affleck invested $41.
25million in the Ultimate Fighting Championship in 2016 He invested $1.5million in a Mexican wine company alongside actor Cillian Murphy Films & TV Shows: Affleck earns approximately $15million per movie he works on He is credited as a producer on 27 projects, an actor on 84 and writer on 6 He is also currently working on at least a dozen projects in various capacities Advertisement Jennifer Lopez's total assets Net Worth: $450million Annual Salary: Estimated $40million Houses: $61million Wallingford Estates, purchased with Jennifer Lopez in May 2023 $10million home in the Hamptons, purchased in 2013 $32.5million 10-bedroom mansion on Miami's Star Island, purchased with Alex Rodriguez in 2020.
It appears the pair still own this home Cars: Rolls-Royce Phantom - $460,000 Rolls-Royce Dawn - $416,000 Rolls-Royce Ghost - $340,00 Bentley Continental GTC - $202,000 Porsche 911 GTS - $120,000 Cadillac Escalade - $78,000 Fiat 500 Abarth - $17,000 Ashton Martin DB7 - $112,090 BMW X6 - $118,900 Ferrari 488 GTB - $298,900 Lamborghini Urus - $220,000 Brands & Companies: JLO Beauty - company worth $2billion Delola Spritz alcohol brand - value not disclosed Intimissimi Global Brand Ambassador - deal value undisclosed Revolve - brand deal information not disclosed Investments: Put $15million in NRG Esports' Series B funding in 2017 Invested in fitness app Sarva for undisclosed amount Invested in FinTech startup Acorns with Aaron Rodriguez in 2019 - investment amount not disclosed Discography: 9 studio albums 3 compilation albums 1 soundtrack 1 extended play 1 remix album 66 singles 5 charity singles 13 promotional singles. Film & TV Shows: Lopez is paid an estimated $10million per film she works on She is credited as an actress in 136 total projects and as a producer on 27 others She is also working on several upcoming projects Share or comment on this article: Love do cost a thing! As Jennifer Lopez and Ben Affleck head for a $550M blockbuster divorce a look at how their enormous asset list from homes, brand deals, movies and more could be split without pre-nup protection e-mail Add comment.
