Celebrity News Update: Mariah Carey, Nick Cannon Divorce Settlement Details Disclosed; Rapper Gets the Ferrari?

Parent Herald November 18, 08:40 am

2016 is definitely not Mariah's Carey's year. After reportedly being dumped by billionaire boyfriend James Packer, the 46-year-old singer's divorce settlement with ex-husband, rapper Nick Cannon, has been finalized.

According to TMZ, the Mariah Carey and Nick Cannon divorce settlement included forking over the 2012 Ferrari to her ex, who hosts America's Got Talent. The two were married in 2008 but divorced in 2014. Although the divorce was granted two years ago, the Mariah Carey and Nick Cannon divorce settlement has just been finalized owing to both parties going through the details with a fine-toothed comb.

It was also surprising to see that according to the Mariah Carey and Nick Cannon divorce settlement, the diva only made $6.3 million in 2014. Her ex-husband, on the other hand, declared an income of $2.7 million. One of the explicit details in the Mariah Carey and Nick cannon divorce settlement  stated that he had to deposit $5,000 a month to a trust fund for their twins, Morrocan and Monroe.

Since the kids are staying with their Mom, the Mariah Carey and Nick Cannon divorce settlement does not require her to add money to that trust fund. She also foots the bill whenever Cannon comes in to visit them, The Sun revealed.

 Holiday times

A photo posted by Mariah Carey (@mariahcarey) on Oct 24, 2016 at 11:32pm PDT

However, the most interesting clause in the Mariah Carey and Nick Cannon divorce settlement states that neither the multi-awarded singer nor the talent show host can let their kids call their new partners or spouses as "Mom, Dad, Mommy, Daddy, Father, Mother, or any facsimile thereof." The former couple supposedly has joint custody of their kids, but they are staying with Mariah, who seems to be on the hunt again for a new romance.

The Mariah Carey and Nick Cannon divorce settlement did not elaborate on other properties and investments owned by the former couple. Luckily, Mariah's $10 million dollar engagement ring from Australian billionaire James Packer is hers alone to keep. Mariah is rumored to be dating backup dancer Bryan Tanaka after her engagement with Packer fell through.

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