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David Geffen Divorce, Signs of Fight Over Money | TMZ TV
TMZ
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5 months ago
David Geffen may be in for a battle, because his estranged husband has just filed legal docs strongly suggesting his estranged hubby wants a chunk of David's fortune.
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00:01
And now, TMZ presents David vs. Goliath, whose name is also David.
00:06
There is a legal war between David Geffen and his estranged husband,
00:10
all over how much the estranged husband might be seeking from Geffen as part of their divorce.
00:16
Yes, the 82-year-old billionaire entertainment mogul and his estranged husband,
00:20
32-year-old former go-go dancer David Andrew Armstrong,
00:23
are divorcing after two years of marriage.
00:25
And since there was no prenup, let the fun begin!
00:28
Legally, he's entitled to spousal support for one year.
00:32
David Geffen said in his papers he's willing to pay that.
00:34
The issue is community property.
00:35
David Geffen is worth $8.7 billion, according to Forbes.
00:39
What we're told is he hasn't really made any income because he's been retired for 15 years.
00:44
What you bring into the marriage is yours, and what you profit from that is still yours.
00:49
But that doesn't mean you can't try to get a piece.
00:51
In papers he filed today, David Andrew Armstrong says that he wants the court
00:55
to determine the rights to community and quasi-community assets and debts.
00:59
Them's there fighting words.
01:01
Geffen earns a ton of money in, like, residuals off the movies he owns, all the music rights.
01:06
He's taking those interests, mixing them with David Armstrong's assets.
01:11
What assets?
01:12
Clearly you've never seen Armstrong go-go dance.
01:15
Point is, Armstrong, who danced under the name Donovan Michaels,
01:18
wants the court to decide if he's entitled to anything more than the spousal support.
01:22
I hope this guy gets what he can.
01:25
Why should he get money from David Geffen?
01:27
David Geffen earned that $8 billion.
01:29
Yeah, but so did Donovan.
01:30
Donovan put in some words.
01:33
So good luck, David 1.
01:34
And David 2, maybe you should have just stuck with Cher.
01:38
Happy divorcing!
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