Hulk Hogan gives ex-wife 70% of his fortune

Actor and wrestler Terry Bollea, better known as Hulk Hogan, has reached a divorce settlement with his ex-wife, Linda, through which he gives her 70% of all his liquidities, plus a 40% share in some of his businesses. And that is not it. The wife gets more, according to Associated Press.

On Wednesday, an Associated Press report said that Hulk Hogan and his wife, Linda Hogan, have finally reached an agreement regarding the goods-sharing after the marriage ended. The St. Petersburg Times said that Linda would get a bit over 70 percent of the couple’s liquidities.

The paper reports that the two had 10.41 million dollars in the bank, of which 7.44 million dollars were transferred into Linda’s personal account, leaving Hulk with not even 3 million dollars. In addition to that, the former Hollywood wife was named owner of 40 percent of his companies.

You would think that the skinning-alive ended here. There is one more tiny amount of money that he paid her for a place to stay: 3 million dollars.

But he got something out of this, too: the freedom of not paying her alimony.
Linda Hogan, 51, filed for a divorce in 2009, claiming that Bollea was very abusive and violent. In her memoir, “Wrestling With the Hulk: My Life Against The Ropes”, which was released earlier this year, she talks about the many times that she literally feared for her life. “[Hulk] tore my shirt. He threw lamps. He held me down on the bed with his hands around my throat during arguments, slamming doors, pounding walls”, she wrote.
When promoting her book on the Today Show, she told Matt Lauer that she had been asked many times why she’s waited so long to protest. “I was afraid to say anything” for many reasons. She feared him, she feared how this would impact his career and she feared for her children. At present, all that is just a bad dream for Linda, who is now a multimillionaire. 

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Ronald Silva is one of our newest publishers.He currently lives in Toronto (Canada) with his family.Ronald covers the music and sports sections of DailyGossip.org. Over the past few years, Ronald has participated in various journalistic projects including some of which he started when he worked for a local newspaper in Toronto. Contact him at Ronald.Silva@dailygossip.org.

1 Comment

  1. sometimes it’s better to give someone a percentage of money for them to leave you alone besides some men can smell gold diggers it’s nothing like peace of mind a lesson to be taught!!!!

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