Share and Follow

2

RHOSLC’s Bronwyn Newport’s Husband Todd’s Divorce Settlement With Ex Revealed! Find Out How Much She Received and His Income, Plus Live Viewing Thread

Credit: Instagram

Todd Bradley’s reported settlement agreement with his ex-wife surfaced, revealing how much money she walked away with. Todd, 66, is now married to Real Housewives of Salt Lake City star Bronwyn Newport, 39.

In 2009, Todd’s wife of 27 years filed for divorce. They were 22 years old when they tied the knot, and they share two kids together. During their marriage, he allegedly gifted Margaret expensive jewelry, and they owned several residences, including a San Diego mansion and a manor in Palo Alto that’s now listed for $14.9 million.

Per court docs via Daily Mail, a judge in San Diego granted the divorce after the exes’ negotiations were “carried out at arm’s length” in front of the judge. They were assisted by their respective lawyers, financial planners, and forensic accountants, according to documents.

As part of their marital settlement agreement, Margaret waived the right to receive spousal support. Child support wasn’t on the table because their children were adults.

Todd reportedly agreed to pay Margaret $4 million.

“In consideration of the mutual waivers of support, Todd shall pay Margaret the sum of four million dollars ($4,000,000) as set forth in the MSA (Marital Settlement Agreement). Said sum shall not be taxable to Margaret nor deductible to Todd,” the court documents explained.

The exes decided that no equalization payment would be made because “the parties have divided all community property assets and liabilities and accounts equally.”

They agreed to cover their own lawyer fees and expenses, even though Margaret had requested that Todd pay it when she first filed.

At the time, Todd estimated that his wife’s gross monthly income was $30,000. He said the number was based on “approximately $10,000,000 in cash” she received because of a “partial division of marital assets to date.”

Including the $4 million, Margaret got a total of $14 million from the settlement.

At the time, Todd noted that he was earning $60,219 per month – with $797,518 in bonuses – as Hewlett-Packard’s executive vice president. In 2009, his gross income was more than $10 million. According to a report, his estimated net worth is now $24.6 million.

In her Declaration of Disclosure, Margaret listed community and separate property, as well as “jewelry gifted to [her] during marriage.”

RHOSLC Live Viewing Thread – This is also the live viewing thread for tonight’s new episode of Real Housewives of Salt Lake City season five, so please feel free to chat in the comments section below as the new episode airs on Bravo at 9/8c.

Share and Follow
You May Also Like

Last Chance Alert: Score an Extra 50% Off Anthropologie’s Sale Today Only!

Page Six may be compensated and/or receive an affiliate commission if you…

Andy Cohen Speaks Out on RHOP’s Wendy Osefo Arrest: Exclusive Insights Revealed

Andy Cohen recently addressed the arrests of Wendy and Eddie Osefo during…

Why Vanessa And Nick Lachey Aren’t Permitted At Love Is Blind Reveals

Celebrity couple Nick and Vanessa Lachey have been the hosts of dating…

Brittany Cartwright Offers Health Update After ‘Mommy Makeover’ Surgery

Brittany Cartwright offered fans a health update following her recent plastic surgery.…

Reese Witherspoon tears up while honoring late ‘mentor’ Diane Keaton

Reese Witherspoon fought back tears as she publicly honored the late Diane…

Lawsuit Against Ariana Madix and Katie Maloney is Dismissed

1 Credit: Instagram The lawsuit against Ariana Madix and Katie Maloney over…

911 Audio Reveals 'Person Down' at Diane Keaton's Home Before Her Death

Audio from a 911 call has revealed new details regarding the events…