so this is why she was standing by her man.
Spitzer's Ex Wife Scores Millions in Divorce
When Eliot Spitzer’s $100,000 call girl habit was exposed in March 2008, many questioned why his wife Silda
decided to stand by her philandering man. But now, three months after
their divorce, RadarOnline.com has exclusively learned that she is
certainly being compensated for her loyalty.
According to the terms of a post-nuptial agreement drafted by the
Spitzers in 2013 and admitted as part of their divorce settlement, Silda
is walking away with $7.5M in cash — and much, much more!
As part of the post-nup, filed in the divorce settlement in February
2014, Spitzer promises that in the event of a divorce, he would pay
Silda’s “living expenses at a level sufficient to maintain her current …
marital standard of living.”
EXCLUSIVE: What Silda Got In The Split — Read The Documents
In particular, that means she’ll continue to reside at their tony
Fifth Avenue apartment “or any replacement primary residences of similar
size, location and quality,” per the documents.
What’s more, among the many other expenses Eliot agreed to pay for, she’s also due a new car “no more than every five years,” “entertainment and activities expenses,” a housekeeper, a part-time assistant, and up to $100,000 per year to donate to the charity of her choice!
However, all that pales in comparison to the hefty $7.5 million “lump
sum payment” to which Eliot agreed. According to the terms of the
agreement, she was due $1 million within 180 days of their separation (that came on Christmas Eve),
$1 million upon the service of their divorce judgment, and $500,000 per
year for up to six years late. In addition, Eliot will pay her $240,000
per year until she remarries or dies.
Spitzer can certainly afford it. According to the documents, his
adjusted gross income in 2012 was $4,268,000, while Silda’s was a
Further documents filed
regarding the couple’s assets — as of August 2013 — show various bank
accounts with a total balance of close to $40,000, more than $45,000 in
investments, a $92,000 401K and a $260,000 IRA account. Spitzer also
included a list of personal assets, including interest in various real
estate holdings and business ventures, that totals more than $46
He won’t have to pay child support to the couple’s daughters.
Sarabeth, 20, and Jenna, 18, will have their expenses covered by their
dad and will receive an allowance up until the age of 21. Daughter
Elyssa, 23, is already ineligible for financial support, per the
The kids also came up during a section of the document dealing with
the family farm in upstate New York. Interestingly, both Eliot and Silda
agreed not to take guests there who would “cause any of their children
emotional distress, unhappiness, embarrassment, hurt or harm in any
way,” so it looks like Spitzer’s favorite call girl, Ashley Dupré will never get an invite!
(She’s since married and had a baby.) In addition, the couple agreed to
split their time at the property fifty-fifty, with provisions in place
should either want to buy the other out of their stake.
The agreement was first drafted in September 2013, and came into
effect just a few months later, when they announced their separation in
November. The divorce was finalized in February. Altogether, the
documents represent a never-before-seen look inside their marriage and
its breakdown, since both have been tight-lipped on the subject. And
with good reason.
The post-nup reveals that Eliot and Silda agreed that if they
separated or divorced, they would only make one joint public statement,
which would read, “We regret that our marital relationship has come to
an end and have agreed not to make any other public statement on this
They also put in place a confidentiality agreement and gag order that
stipulates that neither of them — nor their representatives — may
publish “any diary, memoir, letter, story, photograph, interview,
article, essay, blog YouTube or like internet video, account or
description, whether fictionalized or not, concerning intimate details
of their marriage to each other, or any other intimate details of the
other’s life, or the other’s business, professional or financial
affairs”without the written consent of the other party.
Should they violate that order, they can be fined between $125,000
and $375,000, with the size of the fine decreasing each year after their
Edited by PurplePhase - Apr 28 2014 at 4:42pm