Jack Osbourne Paid 7-Figure Sum To His Ex-Wife Lisa Stelly In Divorce, He Kept Two Banksy Artworks
Jack Osbourne and his ex-wife, Lisa Stelly, were married for nearly six years. In their divorce settlement, Jack had to pay her a massive 7-figure sum.
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Add BollywoodShaadis on GoogleJack Osbourne has been in the limelight ever since he opened up about his sister, Kelly Osbourne’s split with Sid Wilson. According to him, she is in a “happier place” ever since she went her separate ways with the former Slipknot star. He claimed that she has a good routine going and is fully focused on herself and her son.
Amid Jack’s revelations, the focus has also shifted to his own personal life. For those unaware, he was previously married to Lisa Stelly and had to pay her a massive sum during their divorce.
How much did Jack Osbourne pay his ex-wife, Lisa Stelly in a divorce settlement?
Jack Osbourne and his ex-wife, Lisa Stelly, were married for nearly six years. It was Lisa who filed for divorce, citing irreconcilable differences. Their married life was full of ups and downs, and as per court documents, the former pair separated on May 4, 2018.
Even after their divorce, Jack did not have to pay spousal support. However, reports reveal that he did have to pay a massive one-time payment to Lisa of USD 1 million dollars. At the time of their settlement, Jack had already paid Lisa USD 300k, which he had initially loaned to her to buy a house. It is worth mentioning that Lisa got the USD 1 million settlement completely tax-free.
Additionally, in the divorce, Lisa also got to keep her and Jack’s 2017 Audi Q7 and full ownership of her companies, Raddestmom, LLC and Fancy Sprinkles, Inc. On the other hand, Jack Osbourne got to keep 17 artworks which he received as gifts from his parents, Sharon and Ozzy Osbourne. This highlights how much he treasured those artworks.
For those wondering, the artworks include 2 Banksys, which are valued at more than USD 165k, and 2 Andy Warhols, including the Campbell Soup Apron, which is worth approximately USD 49k.
Reports from that time stated that the total value of the artworks was a whopping USD 346k. Beyond that, Jack kept the ownership of his production companies.
Speaking about their three kids, Andy, Minnie, and Pearl, Jack and his ex-wife, Lisa, were given shared legal and physical custody. Although Jack was ordered to pay USD 7,000 per month in child support. In an effort to have an amicable split, neither Jack nor Lisa is allowed to post anything on social media regarding their relationship. Furthermore, the former couple cannot write books, movies, or TV productions about each other.
More about Jack Osbourne and Lisa Stelly’s divorce
Jack and Lisa had announced their split via a joint statement on social media. They shared that they were both committed to an amicable parting, although things did not necessarily turn out as they wished. A part of the statement read:
"So the news about us separating has probably come as a bit of a shock to everyone. But we just want to clear the air and share with you what's going on. So, first and foremost, we absolutely still love each other. Our family is the most important thing in our lives, and we tried everything we could for many years to make this work. What's best for our family now is that we separate lovingly and remain best friends who are committed to raising our children together.”
Despite their efforts at an amicable split, Jack Osbourne allegedly got violent with his ex-wife's new boyfriend just three months after she filed for divorce. According to reports, Jack showed up at the home he previously shared with Lisa to talk to her. But things took a turn when her boyfriend, who was later identified as actor-model Michael G. Gabel, “tried to intervene” between the two.
As things escalated, Jack allegedly “punched him in the head.” It was later reported that Jack apologized to him as he was “immediately regretful.”
What are your thoughts on Jack Osbourne paying USD 1 million to his ex-wife, Lisa Stelly, in their divorce?
Photo Credit: Jack Osbourne/IG, Lisa Stelly/IG
Also read: Jack Osbourne Opened Up On Ozzy And Sharon's Troubled Marriage After His Dad Admitted To Infidelity
