Russell Brand Elects Not to Take Katy Perry's Money in Divorce

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Russell Brand is entitled to approximately $20 million of his wife Katy Perry's fortune, but has elected not to make the legal case for it, according to reports.

Russell and Katy did NOT have a prenuptial agreement, and as a result, everything they earned during their 14-month marriage is community property.

In other words, they're each entitled to 50 percent of the aggregate, and the pop superstar made an estimated $44 million in the last year alone.

Perry, Brand

Russell could score a fortune if he exercised his community property rights ... but that's not his intention. Instead, he feels she should have what's hers.

As one source put it, "This divorce is as amicable as it gets, and Russell was a mensch (Yiddish for a good person). He doesn't want Katy's money."

"He wishes her nothing but the best and he's more than happy to walk away with the money he earned, which is far less than what Katy made."

His lawyer filed final divorce papers Tuesday, although the judge can't make the divorce official until June 30, as there's a six-month waiting period.

[Photo: WENN.com]

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I think thts how ALL divorces should be.... Well as Good as Gets!! I hate DIVORCE NO MATTER HOW YOU LOOK AT IT!!! But if it's not going to work then why FIGHT????