Hulk Hogan’s Wife Sucks Him Dry in Divorce Settlements

Filed in Gather Celeb News Channel by on November 25, 2011 0 Comments

Divorce can get ugly and Hulk Hogan is now experiencing just how ugly it can get. After Hulk and his wife decided to divorce back in 2009 after 26 years of marriage, a bitter battle started in court over the former wrestler’s assets. And now he is getting the short end of the stick, despite working very hard during their years of joyous marriage.

Hulk’s ex-wife Linda Hogan is getting a reported 70 percent of the couple’s liquid assets, according to RadarOnline. Out of the couple’s $10.41 million in bank and investment accounts, Linda got $7.44 million, leaving Hulk with a mere $2.97 million. That is less than 30% of all the assets. In addition to that, he will also be losing a share of his own companies, as Linda gets 40% ownership in all Hulk Hogan’s companies. Yikes! Splitting it all even doesn’t even seem feasible. She is out to get him.

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In addition to robbing him from everything he has worked years to establish, she is sucking him dry by adding a $3 million to the money he owes her for “property settlements.” So out of the $2.97 million he gets, he is expected to pay her $3 million? Doesn’t that leave Hulk Hogan less than broke? Linda probably doesn’t care too much, as she also got a Mercedes-Benz, a Cadillac Escalade, a Corvette, a Rolls-Royce and a handful of off-road vehicles.

Hulk Hogan may have some money coming in, as the couple agreed to sell all three homes, including the $13.9 million home, where the family’s reality show was once filmed. Unfortunately, the report does not leak the juicy details of why Linda gets more than half of the assets and why Hulk is not fighting it. Could there be more to the story?

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