Hulk Hogan Divorce Details Released

by Terrance Ross on November 25, 2011

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NEW YORK, Nov 25, 2011 (NYDN) –Hulk Hogan, former wrestling legend and reality star has been divorce from his ex-squeeze Linda Bollea for a while now, however the details of their divorce have recently been released.

As reported by The Celebrity Cafe

According to E! News, Linda received a $30 million settlement from Hogan, whose real name is Terry Bollea, when they split ways in 2009. The two had been married for 26 years and have two kids: Brooke and Nick.

However, specific details of the settlement became public when the former wrestler’s attorneys attached it to a separate court motion regarding how much money Hogan owes to different branches of his company.

And it seems Hogan may not have as much to give. USA Today reported Linda received more than 70 percent of the couple’s liquid assets plus 40 percent ownership of his companies.

But that’s not all. The 51-year-old, whose 22-year-old boyfriend popped the question last summer, also received $3 million in properties, $7.44 million of the duo’s $10.41 million in bank and investment accounts, a Mercedes-Benz, a Cadillac Escalade, a Corvette, a Rolls-Royce and other off-road vehicles.

The good news is that Hogan doesn’t have to pay any alimony.

No wonder Charlie Hill, who was a classmate of his fiancée’s daughter, loves Linda.
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