How Does an Income of $988,425 Per Month Sound?
February 22, 2010 at 9:57 AM Leave a comment
A friend sent me this blurb from TMZ about the divorce proceeding between former L. A. Dodgers CEO Jamie McCourt and her husband Frank McCourt that’s wending its way through court in Los Angeles.
Jamie McCourt is asking for temporary support in the amount of $988,425 a month from her estranged husband.
Check out some of the financial details about their lifestyle that have emerged from court documents:
- For the last 5 years of their marriage, Jamie and Frank took $2.31 million per month in salaries and perks — almost entirely on a tax-free basis.
- Frank’s financial advisor testified, “During the marriage the parties used the business to fund to fund whatever they needed, or wanted, as it was their personal ATM or credit card.
- Jamie claims … Frank’s 2008 personal financial statements put his net worth at $834,900,000 and valued McCourt Enterprises in excess of $2 billion.
- Frank spent $52,000 on clothes since November and dropped more than $81,000 on a December vacation … according to Jamie.- As for Jamie’s request for just under a million a month, she claims it’s necessary “to maintain her accustomed marital lifestyle.”
I’d like to see them live for one month on what my family lives on.
(H/t TH.)
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