Earlier this week it was reported that Tina Knowles was one big step closer to settling her divorce from her second husband, Richard Lawson [click here if you missed that].
Details of the settlement include a one time $300,000 cash payment to Richard...
From In Touch
Tina and Richard, 77, wed on April 12, 2015, and separated on July 25, 2023. Tina filed for divorce on July 26, 2023.
The parties agree that “irreconcilable differences have arisen between the parties which have led to the irremediable breakdown of the marriage, making it impossible for the parties to live together as husband and wife.”
Regarding their community property, Tina was awarded a 2018 Tesla, a 2020 Bentley, the Matriarch Book “deal” with Penguin Random House, a 1 percent interest in Kirby Beauty Management LLC, furniture and artwork in her possession, and all creative works, ideas, drafts and other materials generated by Tina during the marriage.
Richard was awarded a 2021 Cadillac Escalade, several bank and retirement accounts, all money owed to Richard Lawson Studios, any royalties earned, and all creative works he came up with during the union.
The deal said Tina was awarded her separate property, which included her L.A. home, a property in Texas, all furniture in her properties, all jewelry in her possession, her retirement accounts, and all earnings she accumulated since the date of separation. Richard was awarded all rights to his studio, artwork, jewelry, clothing, his royalties, and all rights to his SAG pension plan.
Tina agreed to pay off any credit cards in her name and all outstanding balances on any and all household expenses.
Richard will cover his credit card debt and all debt related to the Cadillac. Further, Tina agreed to pay a one-time payment of $300,000 to Richard. The exes agreed that neither party will receive spousal support.
The deal also had a non-disparagement clause that prohibits either from speaking negatively about the other or the other’s children and their spouses. Another provision stated, “With respect to the mutual desire to protect the privacy rights of any and all present or future grandchildren of either party, the parties agree that they will not, when asked by any media or person, discuss said grandchildren or future grandchildren whether verbally or in writing.”
14 comments:
Why did she (as in Beyonce, cause we all know where THAT money came from) have to pay him $300K? This man been in the industry for decades and still walks away with a fat check. Must be severance for keeping quiet and dealing with that witch. It's a new day with these Black men for real.
$300k is light work for Tina Knowles. That old witch will be fine. The clause to never publicly discuss each other, children, spouses, or grandchildren.... says a lot! He's got dirt on Beyonce, Sean those kids and Solonge's predatory child.
He hit the jackpot.
Meanwhile, Mathew is chillin'.
Cha Ching!!! Pay up Tina.
Mathew is a senior citizen and has 2 underage kids to look after. He is not "chillin'".
He deserves way more than that dealing with that NUT
That's probably for her charges made in his name. It's not a bonus. Everything ended up with what they brought to the table.
My silence would've definitely been worth more than a measly $300K. Starting fee should've been in the low millions, to start!
Though I'm sure he knows what sorcery they're capable of- but still.
Richard is the one who’s chilling. Minding his business and working.
Richard is a dapper looking man
He’s Beyoncé’s real Daddy.
Duhhh this was a contract that j did to keep Tina in control /happy the job is over now he is getting his pay out like really who in their right mind is going to mess with Tina🤔🧐🤧🤺🏂🏇⛷️🚵🦫
Head witch of the coven pays him to keep him quite
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