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Heather Mills Awarded $48.6 Mil in Divorce Settlement

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Mar. 17 2008, Published 5:54 a.m. ET

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Heather Mills has been awarded $48.6 million in her divorce settlement from Paul McCartney, London's High Court announced Monday.

After a lengthy and often contentious battle, a High Court judge ruled that the 40-year-old charity worker will receive $33 million in cash with $15.6 million in assets on top of that from her ex-husband.

"I am very, very, very happy," Heather said outside the steps of the courthouse. "I was always going to get between $40 and $60 million, but Sir Paul was offering much less than that."

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According to papers, Heather asked for $250 million, but the former Beatle only wanted to offer up $31.6 million.

"The judge said Paul was only worth GBP400 million ($800 million), but everyone has known he has been worth GBP800 ($1.6 billion) for the last 15 years," she continued. "I wasn't allowed any access into any of our accounts, I was locked out of every home. I hope now that me and my daughter can have a life and not be followed every single day. Apart from one TV thing, I have kept silent for 21 months. I wanted to keep it private but he wanted it made public. He always wants to look like he's generous Sir Paul."

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The couple married in 2002 and split four years later. The union produced daughter Beatrice, for whom Paul will make periodic payments of $70,000, in addition to nanny and school fees.

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