Elin Woods’ settlement from Tiger was $110 million and she’s not wasting it

fp_4506373_barm_nordgren_el
Radar Online has the supposed details on Elin Nordegren’s hush-hush divorce settlement from golfing great Tiger Woods. Elin is said to have received $110 million dollars when their six year marriage was dissolved. It’s Powerball lottery money, but still not the rumored 3/4 billion that we heard was in the works this summer. This number is close to what TMZ reported at that time, and as they pointed out it’s much more than she would have received under the prenup. Given the extenuating circumstances, it’s understandable that she got a larger chunk of Tiger’s financial pie. Still, Elin isn’t living large and Radar reports she even flew commercial recently instead of chartering a jet.

Tiger Woods divorce payout to Elin Nordegren was $110 million, RadarOnline.com has learned exclusively.

The amount has not been revealed previously.

And although Elin walked out of the marriage with a fortune, she’s not flaunting it, and has certainly not been extravagant, one source close to the situation told RadarOnline.com exclusively.

She flew to California and back to Orlando this past week on Virgin America, instead of chartering a private jet.

In the past she has had access to a private jet from Tiger’s camp.

“She could afford the jet but didn’t even consider it,” the source said.

“She’s not cheap, but she’s just not throwing money around and wasting it the way some people would.”

Elin still employs nannies and other household help as she shares custody with Tiger of their two children.

“But she has cut back some of the hours some people work,” a friend told us.

“She’s not acting like she hit the lottery.”

Far from it. In fact, Elin is still recovering emotionally from the trauma of discovering her husband had a secret life of serial cheating.

Her payout is approximately 12 times more than Tiger’s most recent mistress, Rachel Uchitel, received from the golfing legend.

But it’s not nearly as much as she could have received, some people believe.

Tiger’s exact net worth is unknown publicly but one source says it is approximately $500 million, meaning Elin could have received at least another $100 million.

[From Radar]

Good for Elin I guess. She’s probably still concerned about her children’s future and wants to make sure she doesn’t squander the money in case they need it some day. She’s not going to fritter away her settlement in a few years like Heather Mills.

Meanwhile there’s a story that a potential Tiger Woods sex tape is coming. According to Radar, it’s a fake filmed with a lookalike. The seller, Devon James, is one of the many stripper/prostitutes to claim a relationship with Tiger. Radar has a pretty amusing interview with the guy in the tape, who claims that he was told that he was going to fulfill a fantasy for a woman who wanted to screw Tiger Woods. He knew he was being filmed but thought it was just for personal use. “I was in it to make a couple bucks and have sex with a pretty lady. I just thought I was fulfilling this woman’s fantasy of having sex with Tiger Woods.” James claims to have received $350,000 for the tape, but I imagine she’ll have to use some of that money to defend herself against lawsuits from Tiger’s camp.

Elin is shown out on 2/9 and 1/7/10. Credit: Fame Pictures

fp_4329932_barm_nordegren_e

NEWPORT, WALES - OCTOBER 04: Tiger Woods of Team USA attends a press conference following Europe's 14.5 to 13.5 victory over the USA at the 2010 Ryder Cup at the Celtic Manor Resort on October 4, 2010 in Newport, Wales. (Photo by Sam Greenwood/Getty Images)

NEWPORT, WALES - OCTOBER 04: Tiger Woods of Team USA attends a press conference following Europe's 14.5 to 13.5 victory over the USA at the 2010 Ryder Cup at the Celtic Manor Resort on October 4, 2010 in Newport, Wales. (Photo by Sam Greenwood/Getty Images)

You can follow any responses to this entry through the RSS 2.0 feed.

38 Responses to “Elin Woods’ settlement from Tiger was $110 million and she’s not wasting it”

Comments are Closed

We close comments on older posts to fight comment spam.

  1. NayNay says:

    I wish her all the best. She was humiliated by Tiger, and I think she is handling everything pretty well, considering…

  2. samanthalous says:

    Happy to see she is back in school and doing something for herself and the kids.

  3. Original Gracie says:

    Those children are just precious. I love Elin and I wish her all the best.
    She is pure class.

  4. brin says:

    Go Elin….a million for every mistress….lol!!!!

  5. aenflex - says:

    always was team elin

  6. mel says:

    “And although Elin walked out of the marriage with a fortune, she’s not flaunting it, and has certainly not been extravagant, one source close to the situation told RadarOnline.com exclusively.”

    Elin doesnt seem to be the type to flaunt her life around anyways. She seems very private, so I dont see her changing just because she’s $110 mil richer.

  7. kelBear says:

    Good for her!

  8. BW says:

    She’s not 110 million richer. She’s the Billions that Tiger is worth minus 110 mil poorer. Good for her for budgeting herself.

  9. a says:

    those 2 children have the most adorable button noses!

  10. guesty says:

    glad she seems to know the value of her well deserved fortune. good for her.

    @brin…lol!!!!

  11. Green Is Good says:

    Elin conducted herself with class and dignity throughout this mess.

  12. GimmeABreak says:

    Tiger without the hat…ick! He’s never going to find another one as pretty, classy, and smart as Elin. Sucks for him.

    Elin, you’re all class, girl!

  13. texasmom says:

    Have to say Tiger isn’t aging very well…

  14. Stronzilla says:

    She should have received at least $10 mil per skank that came out with a confession in the news, otherwise known as skankamony.

  15. Tia C says:

    I’m not surprised that she’s being financially responsible post-divorce settlement. She is not the nouveau riche-y type. I just hope that she’s enjoying herself, whatever she does. She deserves all the happiness.

    How adorable are those kids? That little girl could not be any cuter.

  16. Johnny Depp's Girl says:

    I wish her well. She’s a smart woman, she will do good with the kids and her future. He screwed that up royally!

  17. OhCamille! says:

    The whole story is still so shocking.

    He’s just a gross man now. I feel sorry for his children, because one day, they will find out what kind of a man their father is.

  18. Kelley says:

    Right on, No. 14 !! This is a rake and a shovel conversation … we don’t need a hoe, lol !!

  19. original kate says:

    wait – he paid his mistress money, too? for what? elin deserves every penny from that man-whore, but not the mistress. i am out of the loop on this story.

  20. Malice says:

    I wish her and her children well. I’m hoping her health is good because after all with all his screwing around no amount of money can erase the damage done if she’s contracted an STD

  21. Rosanna says:

    Her kids don’t need money – they have a wealthy dad who can provide if they need something. She is saving that money for HERSELF. She’s no hero.

  22. Jennifer says:

    I love this woman!! So much class and dignity…even if she beat him with a golf club, she must have done it with class.

  23. Angeleyes says:

    Elin continues to be the smart, classy lady she always was. She’s a great Mom to two beautiful children and handles herself with dignity and grace.
    These are qualities in a person that no amount of money can buy and are priceless and irreplaceable.

  24. Jaxx says:

    Everyone acts like Elin got a great deal. I’m sure that she would much rather have an intact family and a faithful husband than all those millions.

  25. Meanchick says:

    I just don’t understand why she married him in the first place! He didn’t suddenly become a punane hound!

  26. ziggy says:

    classy? hmm. tiger obviously did not go for the classy ones.

  27. chinlee3 says:

    Tiger looks like hell!

  28. Alicia says:

    I think she should have gotten waaaaay more! Stupid Tiger, I feel so sorry for her, besides having her husband cheat, brake her heart and family, she had to go through it in front of the whole world

  29. Truth Sayer says:

    Even though she got all that money, she is still committed an act of domestic violence. Funny how no one talks about that fact; she is an unconvicted criminal.

  30. Truth Sayer says:

    @ChinLee3

    Had you’ve lost that much money to someone who originally had nothing. You would look sick too.

  31. Sally says:

    @Stronzilla: Skankamony! Love it 😀

  32. HeadOverArse says:

    @TruthSayer
    Originally, she had something he wanted to marry, then she had a prenup and now she has something that he wanted kept secret.

  33. JA says:

    Good for her. She is lucky she didn’t get an STD. Tiger is dumb as well as fugly. It is one thing to stick your peen in everything wearing a skirt but to not wear a condom is beyond stupid. Hopefully, he gets something one day he can’t get rid of. I wouldn’t even been crying over him. I would just thank god/Allah/Buddha or who ever the hell is up there that I got out with my health and children. Fuck everything else. She is HOT and won’t have any problem replacing that idiot. And, that whole domestic violence thing was denied by both. I don’t know why people think it is A-OKAY to go around vilifying people based on rumors and not one shred of evidence. It is beyond comprehension. It is ridiculous what people will believe w/o one source to back it up. If some blog writes it, it is the truth. And, if one person want it to be the truth, they will spread it like the true gospel. Oh, well. That is just how some people are. Hopefully, it happens to them one day.

  34. Taradash says:

    Seen her around town, very low key. totally BEAUTIFUL woman and lovely children.

    such a shame. what a let down. didnt see Tiger’s misbehavior coming

    goes to show you never know.

  35. REALIST says:

    You go, girl! Obviously Tiger is paying for her silence, and perhaps trying to wipe clean his guilty conscience-good luck with that!
    I hope she finds a hunky Scandinavian man (‘though I guess she is mostly stuck in Florida).

  36. mia says:

    Tiger didn’t humiliate Elin. Tiger humiliated Tiger!!
    What Tiger did is what guys do who could never get a date in high school. Also Tiger seems to have a complete lack of understanding the importance of being a person of good character.

  37. Henriette says:

    Hope she gives a big chunk of it to charities that help do STD research, support women who have to leave their abusive husbands in the middle of the night, and give scholarships to kids whose dads are asses but don’t have hundreds of millions of dollars. Elin has behaved well and it would just raise her higher in my opinion if she gave some of Tiger’s “hush money” to worthwhile causes.

  38. Whatever says:

    Hmmm, came here as an ex-model and nanny, became a wife then a divorce’, came here as “working class”, became a multi-millionairess – Way to go, MISSION ACCOMPLISHED Elin. How is she sooooo innocent? I don’t know how you all see it as poor Elin but there is no way this girl did not know her man was cheating nor that she cared. She didn’t get suspicious when he didn’t have her travel with him, gimme a break? Or is all this sympathy for her because she’s Swedish and he’s Black and Asian and the Greatest Golfer in the world?……SMH