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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."

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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