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Madonna and Guy Ritchie Reach Settlement

Posted Thursday November 20, 2008 8:06 PM GMT

It had the potential to become a messy public affair, but to their collective credit, Madonna and Guy Ritchie have reached a settlement in their divorce case.

According to the BBC, the soon-to-be-ex-husband-and-wife have been granted a preliminary divorce decree at the High Court in London. After six weeks and one day, the divorce will be final.

Though he could have been entitled to a decent-sized chunk of Madonna’s $500 million fortune, Guy reportedly elected to let her keep the bulk of it. And Madge returned the favor.

An inside source revealed, "[Madonna] walked away without any of his money, much to her credit. He has done the same.” Another friend said, “He could have hugely boosted his bank balance and set himself up for life, but he already feels he has enough money. He also didn't want the whole thing dragging on in the public gaze for months and months and, in any case, his priority was the children's future."

Still another source revealed that it’s not as civil as that. "He's going to get a huge windfall, contrary to what's being reported. He's getting a lot of money from the settlement. He's not the gentleman he’s portraying himself as."

Gossip Girls

Below are pictures of Madonna out at a Gucci/UNICEF dinner party last night (November 19).