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Entertainment

Nick Cannon And Mariah Carey Divorce Details

Farouk Mohammed
By Farouk Mohammed
Published: January 17, 2015
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Nick Cannon and Mariah Carey’s divorce details have just been released by TMZ. Read below..

Mariah Carey and Nick Cannon have a prenup with a confidentiality clause … and if she blabs out of school she gets socked for twice what he’d have to pay if he violates it.

Sources familiar with the situation tell TMZ…if Nick violates the confidentiality clause he has to pay her a $250,000 penalty, but if she spills the beans she has to pay him $500K.

And the prenup makes it clear … Mariah came into the marriage with a boatload of money … Nick, not so much.

The prenup says Mariah is worth $150 million … she has so much, $30 million is listed as “miscellaneous.” Nick came into the marriage in 2008 with a little less than $500K.

He’s done well since then, making millions on his various projects, but when they married he ended up buying her engagement ring for $500,000 but took a loan out for $470K. The ring was reportedly worth $2.5 mil, but that’s not what he paid.

As we reported … they’ve already worked out a full property settlement agreement.

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ByFarouk Mohammed
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Farouk Mohammed is a Head Editor at Okay Nigeria (Okay.ng). He has been publishing for 10 years and focused more on Local/World News on Okay.ng
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