Kobe Bryant is probably somewhere crying right now. News about the settlement is out, and the clear winner out of this whole thing would be Vanessa. Speculation had been building over how the division of assets would occur. We had assumed that it was a real possibility that Vanessa could walk away with half, and lo and behold TMZ reports that Vanessa was awarded $75 million of their $150 million assets. Can you say jackpot?
Here’s the details:
TMZ previously reported several transfers of property earlier this year between Kobe and Vanessa. It turns out, based on the property settlement, Vanessa scored a clean sweep, snagging ALL THREE of the former couple’s mansions in the Newport Beach area.
Vanessa gets the estate the couple was living in, the estate her mom is living in, and she gets the new estate that had been under construction for 2 years and was just completed. We were told Kobe was moving into the new estate, but that’s not true. It’s Vanessa’s crib, lock stock and barrel.
Vanessa just scored 3 … where it counts.
While Vanessa did indeed gain a massive amount of assets and Kobe lost a great amount, quite frankly, we’re still a bit concerned over these two. So, we’ll impart a bit of advice for them:
Congrats on the boatload of money! However, if you’re a woman of high tastes, $75 million could be gone well before your time. You now have three properties under your care. With maintenance and property taxes, these properties alone will be eating into your assets, so it’s important to keep this in mind. We have no idea what your relationship with money is like, but we’ll encourage you to leave as much of the money untouched as possible. The biggest mistake hardly wealthy celebs make is leveraging their solid assets, money, in exchange for depreciating items. Do not start throwing caution to the wind and spending like it’s going out of style. You’ve been in the NBA scene for over a decade. You should know better than anyone else that $100 million can be spent in less than a decade, as industry peers like Antoine Walker and Allen Iverson have demonstrated.
Get recommendations from wealthy friends and associates on a good financial advisor. However, NEVER give anyone the full responsibility of managing your money! Learn from Nicole Murphy. People will come out of thin air, promising to double your money or “invest” it in a business goldmine. They’ll prey on the fact that you’re a vulnerable woman with loads of money. Men will definitely be coming to you for a come-up. Be smart. Keep a closed circle around you and only use the services of those that are vetted.
You may be inclined to continue or even up your lifestyle, but please at least understand the basics of cashflow. If you have more going out than going in, you will inevitably have a problem. Best of luck.
Take the L and learn the lesson. It probably really sucks that half of your hard-earned money went out of the window to someone who hardly contributed to its manifestation. However, at the same time, you married her and chose to live in California without a pre-nup. Couple that with possibly cheating, and you had to have known that Vanessa would have major upside in filing.
Love is a tricky emotion. It becomes even trickier if you’re a multi-million dollar athlete. You can’t seriously expect a woman who isn’t on your level income and/or education wise to not be partially drawn to you because of what you could offer her. We can’t tell you not to date these kinds of women because it seems to be all the rage with wealthy men to date the model types with little to bring to the table. Perhaps it’s something to keep in mind should you find yourself ready to commit to another woman again. At least protect your assets.
Now that you’re left with half your assets, it’s important to manage your money wisely. While $75 million is a Hell of a lot of money especially for the 99%, it can easily be spent with a decade or two with a reckless spending behavior as many of your fellow peers have proven again and again and again. However, we’ll at least give you the benefit of the doubt because we have rarely heard of you living lavishly to the point of nausea. With your intelligence, you could be capable of generating the money lost or at the very least preserving what you have. Best of luck.
* Image courtesy of TMZ
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