Is Harvey Weinstein broke? The disgraced mogul claims he doesn't have enough money to pay his ex-wife child support.
Weinstein has three children with his first wife, Eve Chilton - ages 22, 19, and 15. They split up in 2004, and as part of their settlement, Weinstein reportedly agreed to pay Chilton $60 million in child support.
Last month, Chilton claimed that Weinstein still owed $5 million of this child support payment. And she asked a judge to force him to pay that remaining balance before he lost all his money fighting numerous sexual harassment allegations.
But according to a now-released January court ruling, Chilton's request was denied. The judge determined that Weinstein had not missed any previous payments, so there was no reason to force him to pay the full balance now.
"Harvey has always paid his child support and will continue to honor his obligations," a Weinstein rep told People. "And the court agreed — hence the denial of her request."
More interestingly, Weinstein apparently said during the proceedings that he would be unable to pay any child support for "at least one year." Is he telling the truth?
Well, in October, reports said he was worth between $240 million and $300 million.
Still, he has spent a lot of this money over the past few months. As the sexual harassment allegations have piled up, so have his legal bills. He is already facing a class action lawsuit from six of his alleged victims, and there may be more civil suits coming.
Weinstein also has lost out on any income from namesake Weinstein Company. He was fired from the production company amid the sexual harassment scandal. Now the company is reportedly close to being sold, with six bidders having submitted offers.
However, reports say the offers are all for less than $500 million. That money would go entirely towards the company’s debt, operating expenses and legal bills, so shareholders, including Weinstein himself, would not receive any profit from the sale.
Then, of course, there is Weinstein’s costly divorce from his most recent wife, Georgina Chapman. Previous reports said Chapman was set to receive nearly $12 million in the split thanks to the couple’s prenup. But Chapman made out even better than the original reports indicated.
The former couple reportedly agreed to a settlement late last year, though it has not been finalized in court yet. And sources told E! News that Chapman is set to receive between $15 and $20 million from her ex. So between his legal fees and his divorce payout, it is possible that Weinstein doesn'tg have enough money to pay Chilton’s remaining child support.
Do you believe Harvey Weinstein is unable to pay his child support? Let us know your take in the comments section below!