American singer, Beyonce's mom, Tina Knowles, has reportedly finalized her divorce from actor Richard Lawson after 8 years of marriage,
According to court documents obtained by In Touch, the 70-year-old businesswoman submitted the agreement, which covers all outstanding issues between the former couple. Knowles agreed to pay her ex a huge, one-time lump sum after filing for divorce on July 26, 2023.
In their split, both parties agree that "irreconcilable differences have arisen between the parties which have led to the irremediable breakdown of the marriage, making it impossible for the parties to live together as husband and wife," according to In Touch.
When it comes to their property, Knowles was awarded a 2018 Tesla, a 2020 Bentley, the Matriarch Book "deal" with Penguin Random House, a 1 percent interest in Kirby Beauty Management LLC, furniture and artwork in her possession, and all creative works, ideas, drafts and other materials generated by Tina during the marriage.
As for Lawson, he was awarded a 2021 Cadillac Escalade, several bank and retirement accounts, all money owed to Richard Lawson Studios, any royalties earned, and all creative works he came up with during the union.
Tina also agreed to pay a one-time payment of $300,000, agreeing that neither party will receive spousal support in the future.
The divorce settlement also included a non-disparagement clause that prohibits either from speaking negatively about the other or the other's children and their spouses.
Tina was previously married to Beyonce and Solange's father, Mathew Knowles. The couple was married for three decades before splitting in 2009. Their divorce was settled in 2011.
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