Gwen Stefani and Gavin Rossdale have reached a settlement in their divorce proceedings.
Gavin and Gwen did not sign a pre-nuptial agreement when they got married. However, California law dictates that each party gets one half of the collective property when a couple divorces. However, TMZ reports that Gavin Rossdale has agreed to take less than 50 percent of their property in order to facilitate a speedy resolution of divorce proceedings. Gwen Stefani has amassed a sizable fortune during her many years in the music business and via her clothing line, L.A.M.B. Stefani is reportedly worth 80 million dollars while Gavin Rossdale is worth 35 million dollars.
In August of this year, Gwen Stefani filed for divorce after 13 years of marriage to Rossdale.
“While the two of us have come to the mutual decision that we will no longer be partners in marriage, we remain partners in parenthood and are committed to jointly raising our three sons in a happy and healthy environment,” Stefani and Rossdale said via a joint statement.
Gwen Stefani and Gavin Rossdale were considered a dream couple in the 1990s and their split came as a surprise to many of their fans.
Us Weekly reports that a source close to the couple has said that the divorce was many months in the making.
“It only looks sudden, but everything was worked out months ago so paperwork could be filed and the marriage could be ended quickly and easily,” the source said. “Things were rocky before [the birth of Apollo], but they tried to make the marriage work. But it just couldn’t. A lot of the feeling was gone.”
Gwen Stefani and Gavin Rossdale cited “irreconcilable differences” as the reason for their divorce. The Bush frontman and No Doubt frontwoman were recently seen on a family outing at the Balboa Fun Zone in Newport Beach, California.
Gwen has been releasing music fairly frequently within the last year since she started working as a judge on The Voice. Some of the singles she’s released recently include, “Baby Don’t Lie,” “Spark the Fire,” as well as a collaboration with Pharrell Williams called, “Shine,” and the ballad, “Start a War.”
“I’m shocked people still care,” Stefani told Rolling Stone in December 2014. “Doing another solo record and recording No Doubt music and being on The Voice and having three boys all at one time, that just wasn’t something I could dream up in my mind.”
Stefani recently admitted that she scrapped all of the songs that she’d been working on for her next album.
“It didn’t feel right,” Stefani told Entertainment Weekly. “I didn’t feel fulfilled.”
She went on to say that she felt that she had to put out music because she had just joined The Voice.
“There wasn’t enough time. So I tried to make a record where I was just kind of involved — which is how a lot of people do it, but it didn’t work for me.”
[Photo by Jason Merritt/Getty Images]