Madonna and Guy Ritchie Reach Divorce Settlement

The BBC reports that Madonna and Guy Ritchie will be granted a preliminary divorce decree at the High Council in London on Friday. Six weeks and a day later, the divorce will be final.

Madonna and Ritchie has finally reached a settlement over money and their children. The Evening Standard in London reports that Madonna will keep most of her money which is estimated at $500 million. Rocco and David, the two children of Madonna and Ritchie, will split time between the parents. This means having to travel between the U.S. and London. Lourdes, whose father is Carlos Leon, will live with her mother, Madonna.

A friend of Ritchie tells U.K.'s Times, that both parties left without taking the other's money. "He could have hugely boosted his bank balance and set himself up for life, but he already feels he has enough money," another friend told the paper. "He also didn't want the whole thing dragging on in the public gaze for months and months and, in any case, his priority was the children's future."

On the other hand, a source close to the couple tells PEOPLE that Guy Ritchie will be getting a large amount of money from the settlement. "He's getting a lot of money from the settlement. He's not the gentleman he’s portraying himself as," says the source.

I sure hope this just ends well and the two just move on.

Source: People.com