J. Lo Keeps $5M Item After Finalizing Split With Ben Affleck

Final yr, 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 after they turned engaged, solely to name it off underneath the strain of intense media scrutiny. They reconnected in 2021, three years after Affleck finalized his divorce from Jennifer Garner and ultimately 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 shortage of a prenup, Lopez and Affleck reached an amicable settlement. Each stars will retain every little thing they individually earned throughout their marriage and have mutually waived any rights to spousal help. Moreover, since they share no youngsters collectively, baby custody and help had been non-issues.

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

In accordance with courtroom paperwork reviewed by Page Six, the “Unstoppable” actress will preserve 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 value 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 dimension is nearly unparalleled within the jewellery world.

Affleck’s alternative 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.anyplace.,” a nod to how he signed off their emails after they rekindled their romance.

After their cut up, insiders revealed to OK Magazine 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 conserving it, and clearly Ben doesn’t thoughts — he’s achieved this twice already! It’s not like he didn’t know what he was moving into!”

The monetary settlement mediated by famend lawyer Laura Wasser has confirmed to be the right prenuptial settlement for the Hollywood energy couple, safeguarding their substantial belongings amid their cut up. With Affleck’s stake in his extremely profitable manufacturing firm, Artists Fairness, tens of millions of {dollars} had been on the road.

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

Equally, Lopez, who skilled her personal skilled highs throughout their marriage, will preserve the earnings from her profitable initiatives, 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 youngsters. 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 constant 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 includes their youngsters.”

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