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Kris Jenner’s $125 Million Divorce
In what could end up being an incredibly expensive divorce, Bruce and Kris Jenner, of “Keeping up with the Kardashians” fame have announced that their separation will be permanent. Reports suggest that the couple had no prenuptial agreement and that 125 million dollars is on the line. In California, anyone who decides to get divorced without a prenup will split assets right down the middle.
Bruce Jenner found fame in the 1970s when he attended the Montreal Olympics and won a gold medal in the decathlon event. After that momentous achievement, Bruce was able to set up licensing and endorsement deals that netted him millions of dollars. In the decades after the marriage, Bruce’s star began to fade as he started eschewing his motivational speaking career in favor of staying at home, to raise the two children that came from the marriage.By the time Kris married Bruce in 1991, she’d just divorced famous defense lawyer Robert Kardashian after a marriage that lasted about 13 years. She already had 4 children by the time she married Bruce that year. It wasn’t until 2007 when daughter Kim’s infamous “sex tape” hit the airwaves that the family started skyrocketing to fame, and the fortune started to grow.
Rumors suggest that Bruce wasn’t enthusiastic about his permanent role as sidekick to his wife and that he wasn’t allowed to help with any major decisions impacting the family.
Although a joint media statement from the former couple suggests that the split was “amicable,” it’s difficult to believe that two decades of marriage and a 125 million dollar fortune would just end with a friendly split. What seems clear from rumors and reports about the couple; however, is that there was no specific event which pushed the couple apart.
In their statement, the soon-to-be divorced couple said:
“But we will always have much love and respect for each other. Even though we are separated, we will always remain best friends and, as always, our family will remain our number one priority.”
In addition, sources also suggest that the reality television empire won’t come screeching to a halt. Interestingly, soon after the news broke that Bruce and Kris would be separating, Bruce and some of the couple’s children were seen at a golf course. When the family noticed a paparazzi taking a picture from across the green, the Jenner family each flipped the bird to the photographer while each had a huge smile on his or her face.
Interestingly, it seems that Kris was the first to take her wedding ring off after the divorce announcement while Bruce was photographed still wearing his ring.
There haven’t been any reports of infidelity or abuse between the couple and many of the anonymous sources who have come out to offer insight on the divorce have said that the split was a long time in coming. Bruce was already staying at a rental property for several months at the time of the divorce announcement and hadn’t been living inside the Kardashian compound in Calabasas for some time.
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The Story of Sammy: Complete
This is the complete collection of the Story of Sammy. Sammy is a guy I met after my mother-in-law died in the spring of 2012. My wife and I decided to help him launch a….
Read the stories. It’s better that way.
Part 1, in which we meet Sammy, learn of his dreams and offer to help.
Part 2, in which Sammy jumps into business with both feet, teaching teenagers the value of work.
Part 3, in which Sammy shows us what crackheads and the homeless can accomplish if given the chance.
Part 3.5, in which…holy drama, Sammy!
Part 4, in which I am disappointed.
Property Managers
As of last Monday, we don’t have any tenants in our rental house.
That makes me sad.
It makes me sadder that we were too nice and gave them an extra week free to get their stuff moved out.
Now we get the fun job of painting, replacing the linoleum, and probably cleaning the place up to get it ready for new renters that we haven’t found yet.
New renters.
Ick.
Now, we could put an ad on Craigslist and try to find renters ourselves.
Background checks.
Credit checks.
Interviews and walk-throughs.
Then, when we find someone, we’ll be collecting rent and dealing with any whiny issues that come up.
Yuck.
Or….
We can hire a property manager. The big name property management company in our area charges a $99 set-up fee plus $80 per month.
That covers:
- Rent collection
- Coordinating maintenance
- Accounting
- All of the other mundane details
If we add on the tenant-finding service, we’ll be paying them one-month’s rent, but they’ll handle the showings, advertising, background checks, and the lease. And their average tenant placement is 19 days. Another house in the neighborhood that used them had the house rented in about a week.
That moves our landlording firmly into the passive side-hustle category and all it costs us is (essentially) one and a half month’s rent with the added bonus that we’ll be asking the right amount for rent according to the market, instead of guessing. Our last tenants were probably paying $300 too little.
I think the property managers are the way to go, but I have absolutely no experience here.
Have any of you used a property manager? Was it good? Bad? Hell-on-Earth?
Link Roundup
Doctor appointments, speeding tickets and too much work. That’s what this week has been made of.
Finance links:
Why do the non-politician folks who want taxes raised think a fund for voluntarily paying extra is stupid? If they were sincere, they’d be contributing to that from the start. As it is, it’s just a demonstration of either hypocrisy or a looting spirit.
Paying off your Visa by charging it on…your other Visa doesn’t accomplish anything for you or for Visa. Even if you are GM and Visa is the federal government.
My wife and I are thinking of starting a potluck/boardgame night. Boardgames are a cheap way to spend a fun evening.
Misc links:
The iFixit Blog. Dedicated to teaching you how to fix your own gadgets.
I am not only a geek, I am a Halloween geek. The Stationery of Horror is full of want.
The Pareto Principle works. Even at work. I get 80% of my value from the time I spend writing blog posts. Err. Nevermind.
Twitter Weekly Updates for 2010-07-10
- Happy Independence Day! Be thankful for what you've been given by those who have gone before! #
- Waiting for fireworks with the brats. Excitement is high. #
- @PhilVillarreal Amazing. I'm really Cringer. That makes me feel creepy. in reply to PhilVillarreal #
- Built a public life-maintenance calendar in GCal. https://liverealnow.net/y7ph #
- @ericabiz makes webinars fun! Even if her house didn't collapse in the middle of it. #
- BOFH + idiot = bad combination #
