UPDATE 07/11/2023: Sources close to Kevin Costner have admitted that he is “embarrassed” that his net worth, yearly income, and spending habits have been revealed in court documents over the course of his divorce.
While one claimed that Baumgartner was “dragging him through the mud in trying to make him look like a deadbeat dad to their three kids,” another clarified that “he’s told his lawyers to batten down the hatches to keep their prenup private at all costs. But even if they do that and rein in Christine’s cash, he knows she could still bloody his reputation forever!”
As a soon-to-be two-time divorcee, Costner is well aware of the damages that occur as a result of public scrutiny. He, however, has been adamant that his first priority is his children’s welfare.
More information on their child-support arrangement should be available later this week.
ORGINAL ARTICLE: Christine Baumgartner reports that Kevin Costner told their three children that the couple would be divorcing over a ten-minute Zoom call, as she argues that she should receive nearly $300K monthly to support their childrens’ “accustomed lifestyle”. As she claims that “the children currently spend 100% of their time with me, and shared with Kevin when he is not traveling,” and thinks this sum is actually well below the amount of money it would take to keep the children from facing some sort of financial repercussion from their divorce.
RadarOnline has acquired a 4-page spreadsheet that Baumgartner claims represents Costner’s yearly expenses. Making more than $16 million dollars a year—more than a million a month!—it follows that the Costner’s perform some heavy spending. The exact numbers, however, may be a bit shocking.
RadarOnline shows that this report includes discretionary spending, such as, $12k for hunting dues, $830k in gifts, $25k to maintain his boat, $12k for a personal trainer, $10k for the dogs and pets, and $34k in golf club dues.”
The report did not go into finer detail about how the money is allocated or the typical amount spent on the children’s costs.
Sources:
Kevin Costner’s lavish spending revealed amid divorce: report (nypost.com)
