last year, Jennifer Lopez and Ben Affleck made headlines when the “On the Floor” singer ended her highly publicized marriage to the “Air” actor in August.
The two Hollywood stars first caught the public's attention in 2002 when they got engaged, but called it off after intense media scrutiny. They rekindled their relationship in 2021, three years after Affleck finalized his divorce from Jennifer Garner and eventually dated. However, their rekindled romance ended after two years of marriage.
Now, five months later, Jennifer Lopez and Ben Affleck have reached an amicable settlement despite not having a prenuptial agreement.
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Jennifer Lopez and Ben Affleck are finalizing their divorce
Despite not being married, Lopez and Affleck reached an amicable settlement. The two stars will keep everything they individually earned during their marriage and have mutually waived any right to spousal support. Also, since they have no children together, child custody and support were not an issue.
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J. Lo Gets to Keep the Stunning Engagement Ring
One of the notable details of the settlement is the preservation of Lopez's iconic engagement ring.
According to court documents reviewed Sixth pageThe “Unstoppable” actress will keep the stunning 8.5-carat natural green diamond engagement ring that Affleck gave her during their 2022 proposal. The rare green diamond flanked by trapezoidal white diamonds is estimated to be worth more than $5 million, with some experts suggesting it could be worth more than $10 million.
Mike Fried, CEO of The Diamond Pro, previously described the ring as “incredibly rare,” noting that a green diamond of this size is virtually unmatched in the jewelry world.
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Affleck's choice of green diamond was very personal, as green is Lopez's favorite color. He even engraved the ring with the sentimental phrase: “not.going.anywhere.”, a nod to how he signed their emails when they rekindled their romance.
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Jennifer Lopez Has “Zero Guilt” Keeping The Rock
After their split, insiders revealed Ok magazine that Lopez had no intention of returning the ring. “It was a gift,” the source explained. “Just because the relationship didn't work out doesn't mean she has to give it up.”
The source added: “Jennifer has no qualms about keeping it and Ben doesn't mind — he's done it twice already! It's not like he doesn't know what he's getting himself into!”
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What did the financial settlement reveal?
A financial settlement brokered by celebrity attorney Laura Wasser has proven to be the perfect prenuptial agreement for the Hollywood power couple, protecting their considerable assets during their divorce. With Affleck's stake in his highly successful production company, Artists Equity, millions of dollars were on the line.
Affleck co-founded Artists Equity with longtime friend and collaborator Matt Damon in November 2022, just four months after marrying Lopez. The production company quickly made waves in the film industry with hits like 'Air', 'Unstoppable' and the highly anticipated 'The Accountant 2'. Under the terms of the settlement, Affleck will retain full ownership of his stake in the company, ensuring that Lopez will have no financial claim to his share of the company.
Also, Lopez, who enjoyed her professional success during the marriage, will keep earnings from her successful projects, including the album “This Is Me… Now” and films such as “The Mother,” “Shotgun Wedding” and “Marry Me.” Both stars leave the marriage with their own financial independence.
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Ben Affleck and J. Lo will remain in civilian life
Despite the split, Affleck and Lopez remain committed to maintaining a friendly relationship, especially for the sake of the children's well-being. Over the Christmas holidays, the former couple were spotted dining and exchanging gifts at the exclusive Soho House in West Hollywood.
A source close to the couple revealed Sixth page“They have every intention of continuing to be in each other's lives despite not being romantically involved.” The insider added, “Ben and Jennifer are still in touch and communicate when it comes to their kids.”
Additionally, sources close to Lopez revealed last month that she is eager to put the past behind her as the new year approaches, staying “focused on her life.” An insider said the mother-of-two “has had a tough year but is doing well.” They added: “She's ready for Christmas and a fresh start in the new year.”
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