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

by at . Comments

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]

Tags: ,
Like Us On Facebook

More From The Hollywood Gossip

Katherine-heigl-smoking

23 Celebrity Smokers Who Might Really Surprise You (and Lindsay Lohan, Too)

This list of celebrity smokers contains some stars you would never think would partake in such an activity.
Julianne-hough-naked

Stars in Stars (and Stripes): America the Very Beautiful!

See stars in stars via this photo gallery. And also stars in stripes.
Katy-perry-firework-official-video

11 Explosive Songs About Fireworks: Your Fourth of July Playlist!

Need some inspiration for your Fourth of July playlist? Here are 11 songs titled "Fireworks."
Katy-perry-and-russell

Katy Perry Seeks Annulment of Russell Brand Marriage

Katy Perry is reportedly seeking to have her marriage to Russell Brand annulled. The two were married for less than 15 months.

Avatar

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????