Madonna calls in accountants as divorce prep continues
Celebrity accounting firm MGR to go through the Madonna and Guy Ritchie's books as part of groundwork for a future settlement
Celebrity accounting firm MGR to go through the Madonna and Guy Ritchie's books as part of groundwork for a future settlement
Pop superstar Madonna and her movie director husband Guy Ritchie have
reportedly called in accounting firm MGR as part of preparations for a divorce.
The firm has been instructed to go through the couple’s books to decipher
which assets are owned separately and which are shared to help lawyers work out
the level of settlement to be awarded, according to the
Daily Mirror.
The couple share a £7m house in London plus another in the country and
Madonna is thought to want the matter resolved as quickly as possible.
It is understood that no prenuptial agreement was signed by the pair prior to
their marriage, making MGR’s role crucial in deciding how much of Madonna’s
estimated £380million fortune Ritchie will receive. Figures of up to £50m have
been mentioned in the press.
MGR and its associated businesses handle the accounting affairs of many
celebrities, including John Cleese, Stephen Fry, Steve Coogan, Emma Thompson,
Michael Winner and the Sugarbabes.
The numbers you crunch tell a story. Your expertis...
18yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleFrom L-Day's stablecoin and BIK reforms to Cooper Parry Wealth's Scottish footprint and BKL’s personal tax hires, we analyze the structural and regula...
View articleFrom senior lateral hires at Bishop Fleming to a major push to rewrite cash flow statements, we break down the key commercial updates shifting the UK ...
View articleFrom new FRC penalty rules taking effect to the latest Accounting Excellence shortlists and regional mergers, we look at the biggest news stories affe...
View articleFollowing National Accounts Payable Day, UK accounting firms face a critical choice: continue absorbing the margin drain of manual data entry, or leve...
View articleAs the Financial Reporting Council launches an aggressive expansion of its regulatory sandbox programmes, the burden of rigid audit compliance is begi...
View articleWhen AI completes a task faster, are you "cheating the system" or delivering higher value? Chris Downing and Jack Choppin from Sage break down the thr...
View articleAs the HMRC registration deadline creates a new regulatory "white-list," the UK mid-market is undergoing a rapid industrialisation. From Azets and Xei...
View articleFrom the "land grab" for North London practices to the launch of "agentic AI" in the mid-market, this week has signaled a major structural shift in th...
View article