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$400 Million Net Worth Greg Norman Was Forced To Shell Out A Whopping $103 Million Owing To An Unfortunate Personal Incident In 2008

Published 01/07/2023, 10:15 AM EST

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via Reuters

More often than not, fame and love don’t intertwine. Many celebrities and athletes often burn through their relationships really quickly. Splits and divorces are quite common in the celebrity world. The golf great, Greg Norman, has seen his fair share, too. Norman is currently in his third marriage, having been through two ugly and expensive divorces. In fact, his divorce from his first wife, Laura Andrassy, cost him over $100 million.

The shark’s marriage to Andrassy ended with tons of bitterness and resentment. Not only did their relationship end in heartbreak, but it also saw Norman suffer a huge financial blow.

How big a hole did the divorce burn in Norman’s pocket?

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As per TCPalm in 2008, Laura Andrassy stood to receive $103 million from Norman as part of their divorce settlement. Furthermore, Norman’s children will receive at least $100 million from all his golf trophies, to be split among them after he passes.

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The Sharks’ net worth then was approximately $500 million. And that certainly took a colossal hit. As per Celebrity Net Worth, Norman’s valuation is $400 million as of 2022. It seems like he hasn’t fully recovered from the 15-year-old blow.

USA Today via Reuters

Andrassy was to receive a payment of $50 million and an additional $30.2 million spread across the next 15 years. She was due $17.5 million from the sale of the couple’s Jupiter Island estate, “Tranquility.” Other assets were also to be sold, like their home in Palm Beach, for which she was owed $4 million. Andrassy was also to receive $466,000 from their retirement account and $500,000 in jewelry.

What went down between Greg Norman and his first wife?

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In their divorce settlement, Andrassy walked away with more than many would hope to earn in a lifetime. But why did the couple split up? The two-time major winner married Laura in 1981. The couple was together for 25 years before they split. In 2006, after a scandalous and messy incident, the couple called it quits.

That same year, while Norman was still married, he met Chris Evert. The two were both in marriages and left their spouses to get together. Soon after ending things with his ex-wife, Evert and Norman began seeing each other. But Norman had an extremely heavy price to pay for that, one that he is still paying.

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Watch This Story – Greg Norman’s First Wife Once Had Some Harsh Words for Tennis Legend Chris Evert

Evert and Norman also went on to split after just 15 months of being married. Do you think the shark thought of his 100 million the day they split? Let us know in the comments below.

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Written by:

Sheldon Pereira

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One take at a time

Sheldon is a golf writer at EssentiallySports. He is a Business graduate from Christ University, with a degree in Finance and Accounting. He also has an experience as a Senior Audit Associate at an MNC, but his love for writing made him follow his dream and switch careers.
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Edited by:

Akash Pandhare

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