Angelina Jolie Sells Stake In $164M French Estate Amid Brad Pitt Divorce
Actress Angelina Jolie has sold off her share of the $164 million French estate she co-owns with ex-husband Brad Pitt.
The sale was concluded after she and Pitt came to an agreement on the division of their assets. The exes agreed to lift a “standard temporary restraining order” on their assets, opening the door for Jolie to sell her half of the 1,000-acre (1.5-square-mile) French estate.
It also came after a lawsuit was filed against the 46-year-old “Maleficent” star alleging that she was trying to cut Pitt out of the opportunity to buy her stake in the French estate.
In the court papers which were obtained by American news outlets, it was reported that Miraval is owned by Quimicum, a company in which Pitt originally held a 60 percent share through his company Mondo Bongo, while Jolie held 40 percent through her company Nouvel.
Three years before they broke up in 2016, it was alleged that Pitt transferred 10 percent of the estate from Mondo Bongo to Jolie’s Nouvel, making them equal shareholders. Sources told Page Six that Pitt and Jolie also agreed to ask each other for permission if they ever wanted to sell their shares.The suit had claimed that Jolie tried to slyly sell her shares without giving Pitt the right of first refusal. With Jolie’s sale of her shares, it’s clear they were able to work through her alleged “devious” actions.
Wall Street Journal reported on Tuesday October 5, that she has offloaded her stake in their Chateau Miraval winery in Correns, France. Her shares were sold to wine group Tenute del Mondo, a faction of the Stoli Group, which also owns Masseto and Ornellaia. The price was not disclosed.
However, Pitt was awarded joint custody in June 2021, though Jolie continues to fight the ruling.
The sale was concluded after she and Pitt came to an agreement on the division of their assets. The exes agreed to lift a “standard temporary restraining order” on their assets, opening the door for Jolie to sell her half of the 1,000-acre (1.5-square-mile) French estate.
It also came after a lawsuit was filed against the 46-year-old “Maleficent” star alleging that she was trying to cut Pitt out of the opportunity to buy her stake in the French estate.
In the court papers which were obtained by American news outlets, it was reported that Miraval is owned by Quimicum, a company in which Pitt originally held a 60 percent share through his company Mondo Bongo, while Jolie held 40 percent through her company Nouvel.
Three years before they broke up in 2016, it was alleged that Pitt transferred 10 percent of the estate from Mondo Bongo to Jolie’s Nouvel, making them equal shareholders. Sources told Page Six that Pitt and Jolie also agreed to ask each other for permission if they ever wanted to sell their shares.The suit had claimed that Jolie tried to slyly sell her shares without giving Pitt the right of first refusal. With Jolie’s sale of her shares, it’s clear they were able to work through her alleged “devious” actions.
Wall Street Journal reported on Tuesday October 5, that she has offloaded her stake in their Chateau Miraval winery in Correns, France. Her shares were sold to wine group Tenute del Mondo, a faction of the Stoli Group, which also owns Masseto and Ornellaia. The price was not disclosed.
However, Pitt was awarded joint custody in June 2021, though Jolie continues to fight the ruling.
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