Robert De Niro’s finances hit by coronavirus, lawyer says as ex-wife fights for allowance | Inquirer Entertainment
Close  

Robert De Niro’s finances hit by coronavirus, lawyer says as ex-wife fights for allowance

/ 07:32 PM July 20, 2020
Robert De Niro

Robert De Niro arrives for the 92nd Oscars at the Dolby Theatre in Hollywood, California on February 9, 2020. Image: Robyn Beck/AFP

Robert De Niro is among many around the world whose finances were impacted by the coronavirus pandemic, according to his lawyer.

The actor’s lawyer Caroline Krauss defended his decision to cut the credit card limit of his ex-wife Grace Hightower from $100,000 to $50,000, Page Six reported on July 9.

ADVERTISEMENT

Krauss told the court that the restaurant chain Nobu and Greenwich Hotel, where De Niro has stakes, have suffered losses because they were closed due to the coronavirus pandemic.

The former couple’s prenuptial agreement states that De Niro has to pay Hightower $1 million a year if he’s earning $15 million or more in income. Payment to his ex-wife will be adjusted if he earns less than the said amount.

FEATURED STORIES

Robert De Niro and Grace Hightower

Actor Robert De Niro (L) and Grace Hightower attend the 45th Chaplin Award Gala at the Alice Tully Hall on April 30, 2018 in New York City. Image: Jamie McCarthy/Getty Images/AFP

Krauss said he would be lucky to make $7.5 million this year, citing his accounts and business manager.

Hightower’s lawyer Kevin McDonough refused to believe the argument, stating that besides slashing her monthly allowance, Hightower has been banned from staying in the compound where De Niro has been living during the pandemic.

“Mr. De Niro has used the COVID pandemic, my words would be, to stick it to his wife financially,” he said.

“I’m not a believer that a man who has an admitted worth of $500 million and makes $30 million a year, all of a sudden in March he needs to cut down [spousal support] by 50% and ban her from the house.”

Manhattan Supreme Court Justice Matthew Cooper ruled that De Niro should maintain the $50,000 credit card limit and pay her $75,000 to find a home to stay with her kids when they are not with De Niro and his other kids.

De Niro filed for divorce from Hightower after over 20 years of marriage. They have two kids together. Niña V. Guno/JB

RELATED STORIES:

ADVERTISEMENT

Hayden Panettiere speaks up on abuse after ex-BF’s arrest

Bruce Willis’s wife and kids join him and Demi Moore in quarantine

The hottest entertainment news straight to your inbox

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

For more news about the novel coronavirus click here.
What you need to know about Coronavirus.
For more information on COVID-19, call the DOH Hotline: (02) 86517800 local 1149/1150.

The Inquirer Foundation supports our healthcare frontliners and is still accepting cash donations to be deposited at Banco de Oro (BDO) current account #007960018860 or donate through PayMaya using this link .

Read Next
Don't miss out on the latest news and information.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: coronavirus, Divorce, Grace Hightower, Prenuptial Agreement, Robert De Niro
For feedback, complaints, or inquiries, contact us.

Subscribe to our entertainment news

By providing an email address. I agree to the Terms of Use and
acknowledge that I have read the Privacy Policy.



© Copyright 1997-2021 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.