The details of Hulk Hogan’s confidential divorce settlement with his ex-wife Linda were made public by new court documents filed by Hogan (whose real name is Terry Bollea) this week.
The couple married in 1983 and divorced in 2009. Per their settlement, Linda received 70% of the couple’s liquid assets ($7.44 million for her share), a 40% ownership interest in the wrestler’s companies, and a $3 million “property settlement.”
Linda also got to keep a Mercedes, a Cadillac Escalade, a Chevrolet Corvette, and a Rolls-Royce. Hogan was allowed to hold on to the rest of his car collection.
In exchange for the hefty pay-out, Hogan does not have to pay Linda any spousal support (or alimony).
Source: USA Today, “Details of Hulk Hogan’s costly divorce become public,” Tom Weir, November 23, 2011