J. Lo Retains $5M Merchandise After Finalizing Break up With Ben Affleck

Final 12 months, Jennifer Lopez and Ben Affleck made headlines when the “On the Flooring” singer ended her extremely publicized marriage to the “Air” actor in August.

The 2 Hollywood stars first captured public consideration in 2002 once they grew to become engaged, solely to name it off beneath the strain of intense media scrutiny. They reconnected in 2021, three years after Affleck finalized his divorce from Jennifer Garner and finally tied the knot. Nevertheless, their rekindled romance got here to an finish after two years of marriage.

Now, 5 months later, Jennifer Lopez and Ben Affleck have reached a positive settlement regardless of not having a prenuptial settlement.

Regardless of the dearth of a prenup, Lopez and Affleck reached an amicable settlement. Each stars will retain all the things they individually earned throughout their marriage and have mutually waived any rights to spousal help. Moreover, since they share no kids collectively, baby custody and help have been non-issues.

One standout element from the settlement is Lopez’s retention of her iconic engagement ring.

In line with courtroom paperwork reviewed by Web page Six, the “Unstoppable” actress will maintain the beautiful 8.5-carat pure inexperienced diamond engagement ring gifted by Affleck throughout their 2022 proposal. The uncommon inexperienced diamond, flanked by trapezoid-shaped white diamonds, is estimated to be price over $5 million, with some specialists suggesting its worth might exceed $10 million.

Mike Fried, CEO of The Diamond Professional, beforehand described the ring as “extremely uncommon,” noting {that a} inexperienced diamond of its measurement is just about unparalleled within the jewellery world.

Affleck’s selection of the inexperienced diamond was deeply private, as inexperienced is Lopez’s favourite shade. He even engraved the ring with a sentimental phrase: “not.going.wherever.,” a nod to how he signed off their emails once they rekindled their romance.

After their break up, insiders revealed to OK Journal that Lopez had no intention of returning the ring. “It was a present,” a supply defined. “Simply because the connection didn’t work out doesn’t imply she has to provide it again.”

The supply added, “Jennifer has zero guilt about protecting it, and clearly Ben doesn’t thoughts — he’s performed this twice already! It’s not like he didn’t know what he was moving into!”

The monetary settlement mediated by famend legal professional Laura Wasser has confirmed to be the proper prenuptial settlement for the Hollywood energy couple, safeguarding their substantial belongings amid their break up. With Affleck’s stake in his extremely profitable manufacturing firm, Artists Fairness, hundreds of thousands of {dollars} have been on the road.

Affleck co-founded Artists Fairness in November 2022 with longtime buddy and collaborator Matt Damon, simply 4 months after marrying Lopez. The manufacturing firm shortly made waves within the movie trade, releasing hits comparable to “Air,” “Unstoppable,” and the extremely anticipated “The Accountant 2.” Due to the phrases of their settlement, Affleck will retain full possession of his share within the firm, making certain that Lopez will not have any monetary claims to his stake.

Equally, Lopez, who skilled her personal skilled highs throughout their marriage, will maintain the earnings from her profitable tasks, together with her album “This Is Me… Now,” and movies like “The Mom,” “Shotgun Wedding ceremony,” and “Marry Me.” Each stars depart the wedding with their monetary independence intact.

Regardless of their separation, Affleck and Lopez stay dedicated to sustaining an amicable relationship, particularly for the well-being of their kids. Over the Christmas vacation, the previous couple was noticed having lunch and exchanging items on the unique Soho Home in West Hollywood.

A supply near the pair revealed to Web page Six, “They’ve each intention of continuous to be in one another’s lives regardless of not being romantically concerned.” The insider added, “Ben and Jennifer are nonetheless linked they usually do talk when it entails their youngsters.”

Plus, sources near Lopez revealed final month that she’s keen to depart the previous behind as the brand new 12 months approaches, staying “targeted on her personal life.” An insider stated that the mom of two “has had a tough 12 months however is doing effectively.” They added, “She’s prepared for Christmas and to start out the brand new 12 months recent.”