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Elin Nordegren -- The $100 Million Woman
TMZ.com ^ | 07/02/2010 | Staff

Posted on 07/02/2010 2:04:48 PM PDT by OldDeckHand

TMZ has learned ... Elin Nordegren will walk away from her marriage with Tiger Woods with approximately $100 million.

As one source with direct knowledge of the terms of the divorce tells TMZ, "She'll be getting close to $100,000,000."

There have been reports Elin would score $750 million, but we have confirmed that figure is wrong. Indeed, as we first reported, Tiger is not even worth $750 million. We're told his net worth is somewhere between $500 and $600 million.

(Excerpt) Read more at tmz.com ...


TOPICS: Chit/Chat; Sports; TV/Movies
KEYWORDS: golf; pga; tiger; tigerwoods
I knew the $750 million figure was bunk. I was thinking she'd negotiate something between $60-80 million, but this number is believable.

Is it worth it? I have to say, yep, it's probably worth it (presuming of course she didn't "catch" something)

1 posted on 07/02/2010 2:04:54 PM PDT by OldDeckHand
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To: OldDeckHand

Whew.. Poor gal.. only a hundred million..

If she needs money , we could use nanny help with the poodles .


2 posted on 07/02/2010 2:13:41 PM PDT by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard)
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To: OldDeckHand
The whole thing is like the silly game of tell your neighbor and see what the story is when it gets back to you. If he has any sense the money will be placed in a trust and she can support herself and the kids off of the interest, and it will really be the kids money someday.
3 posted on 07/02/2010 2:14:47 PM PDT by org.whodat
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To: NormsRevenge

She only nets $100M minus lawyer fees and 50% tax by Sweden on net proceeds. Her final take is most likely $40M. She should have taken 50% plus 50% of his proceeds for the next 10 years.


4 posted on 07/02/2010 2:24:42 PM PDT by DownInFlames
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To: DownInFlames

They live in Florida for tax reasons.

Going back to Sweden is not an option it would seem.


5 posted on 07/02/2010 2:27:42 PM PDT by Carley (For those who fought for it, freedom has a flavor the protected will never know.)
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To: OldDeckHand

Only $100 mill? Sorry babe, our wedding is off! Sincerely, Rc!


6 posted on 07/02/2010 2:29:44 PM PDT by Revolting cat! (Let us prey!)
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To: DownInFlames

She had a prenup and was not entitled to 50% I think he gave her 2-4 times that much to keep quiet.


7 posted on 07/02/2010 2:30:22 PM PDT by omega4179 (www.jdforsenate.com)
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To: OldDeckHand

Tiger is a weenie but only in America can two groups of people win a lottery consistently, lawyers and wives. Switch genders on this story and the uproar would be deafening.


8 posted on 07/02/2010 2:32:30 PM PDT by Cyman
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To: DownInFlames
"She only nets $100M minus lawyer fees and 50% tax by Sweden on net proceeds"

While I'm not entirely at all familiar with Swedish tax law, it would be surprising if they made expatriates pay taxes on foreign earned income, as most countries don't (other than the US). Even still, this isn't income, this is a division of marital assets and they aren't taxable in any jurisdiction I'm familiar.

What would be taxable are any capital gains realized from the liquidation of jointly held property, like real estate. All things considered, I think a nine-figure lump sum settlement is smart move, any way you cut it. And remember, there was an existing prenup, so she didn't have unlimited negotiating power in the divorce.

9 posted on 07/02/2010 2:34:12 PM PDT by OldDeckHand
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To: OldDeckHand

Does she get to spill the dirt on her ex-dirtbag?


10 posted on 07/02/2010 2:58:03 PM PDT by Dacula (Every good father has a plan for his family.)
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To: OldDeckHand

Why is Elin Woods always referred to as Elin Nordegren?

Did she not take his name when they were married?

I wish her all the best. As for making derogatory comments about her having worked as a nanny - that is honest labor.


11 posted on 07/02/2010 3:01:01 PM PDT by sodpoodle (Despair - Man's surrender. Laughter - God's redemption)
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To: OldDeckHand

Is this just for her? Is child support/nanny salaries separate from this?


12 posted on 07/02/2010 3:24:34 PM PDT by proudofthesouth (A Dictatorship doesn't want the competition of God in the lives of the Peasants.)
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To: Cyman

FYI - Lawyers cannot take contingency fees in divorce cases (or criminal cases). They were paid by the hour — at high rates, to be sure, but nowhere near a real piece of the action.


13 posted on 07/02/2010 3:28:56 PM PDT by PackerBoy (Just my opinion ....)
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To: proudofthesouth
'Is this just for her? Is child support/nanny salaries separate from this?"

This speaks to the division of marital assets, which is wholly separate from child support. That number has not yet been leaked, but it's also not difficult to estimate - someplace between 20-25% of Tiger's gross monthly income, per Florida law.

14 posted on 07/02/2010 3:30:52 PM PDT by OldDeckHand
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To: OldDeckHand

Tiger failed. His wife, and the mother of his children, didn’t. I see no reason why she shouldn’t receive 90% of their current and future worth. I especially approve of her insistence that only a Mrs. Tiger Woods, and not his girl friends, may have contact with their children. Given Tiger’s pathology, it is thoroughly appropriate and in the best interest of the children. I am sick of seeing men damage their families just because they can.


15 posted on 07/02/2010 3:36:08 PM PDT by Havisham
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To: sodpoodle
"Why is Elin Woods always referred to as Elin Nordegren?"

I don't know why. She is Elin Woods. That is her legal name as the police reports indicated from her "incident". It's also the name she uses (or used) to introduce herself. My wife and daughter met her at the Memorial Tournament several years ago, and she said she was "Elin Woods".

16 posted on 07/02/2010 3:36:39 PM PDT by OldDeckHand
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To: OldDeckHand

Probably had her name changed back to her maiden name at the divorce. It is an option for all divorcing women.


17 posted on 07/02/2010 3:46:48 PM PDT by Chickensoup (The Acting President....is an incompetent puppet of Soros.)
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To: Chickensoup; sodpoodle
"Probably had her name changed back to her maiden name at the divorce."

Yes, but the media has generally referred to her as "Elin Nordegren" from the moment this all started, from the night of the crash and well before all this divorce business was being discussed. I think that is what sodpoodle was referring to.

18 posted on 07/02/2010 3:56:52 PM PDT by OldDeckHand
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To: Cyman
As his wife, she should get half of everything.

He is the one who broke the marriage vows.

19 posted on 07/02/2010 9:31:24 PM PDT by fortheDeclaration (When the wicked beareth rule, the people mourn (Pr.29:2))
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To: OldDeckHand

Not in Sweden.


20 posted on 07/03/2010 7:05:14 AM PDT by DownInFlames
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