End of an era!
In court docs obtained by TMZ, the duo's divorce was mediated by a private judge earlier this month, but was finally entered into the system by a sitting judge on Tuesday, December 28. The specifics of their divorce agreement have been sealed, but a source spilled the ex's pretty much divided their estimated $400 million fortune down the middle.
Shriver slapped Schwarzenegger with divorce papers in 2011 after she found out he fathered a love child, Joseph Baena, with the duo’s former housekeeper, Mildred. Following the split, the former flames were locked in a legal dispute over their estate — reportedly worth millions — and their massive real estate portfolio.
In May of 2011, the couple announced their split as they contemplated the state of their then-25-year marriage. "At this time, we are living apart, while we work on the future of our relationship," they said in a statement at the time. "We are continuing to parent our four children together. They are the light and the center of both of our lives."
When the two began divorce proceedings, Shriver demanded monthly spousal support and requested half of the marital estate. Schwarzenegger was awarded their Brentwood residence and the Ten Things I Wish I'd Known Before I Went Out into the Real World author got several of their other properties.