Giada De Laurentiis married her husband Todd Thompson in 2003, which was shortly before her meteoric rise. The couple married without a prenup and that comes at a high price to De Laurentiis. Whilst the TV star is estimated at around $20 Million, her fashion designer ex-husband has been valued at $15 Million.
They are not actually that far apart, yet Giada agreed to the settlement and the question is why.
She first announced her separation from her husband back in December 2014. She explained that she and Todd had been separated since July that year and whilst there was much sadness involved, the two remained friendly and committed to raising their then six-year old daughter Jade.
So far, so good.
But prior to her announcement Giada had apparently been seen out with fellow foodie Bobby Flay in what has been widely interpreted a romantic dinner. Flay was still married to actress Stephanie March at the time and would only file for his own divorce in March 2015.
Rumour has it Giada made the announcement of her separation on her Facebook page in order to be free to move on with Bobby and quench any allegations before they appeared in the gossip columns.
A day after the separation was made public, Todd Thompson filed officially for divorce. It’s only known that he requested that Giada should not receive spousal support.
Giada later filed her own papers requesting joint custody.
Unfortunately that wasn’t the end of it. Rumours that Giada had cheated on Todd with Matt Lauer emerged and an old story of her having an affair with John Mayer also made the rounds once more.
Todd never issued a single statement about any of it, but Giada went on record saying that she never cheated on her husband and that all those rumours were crazy. She also said that she can’t prevent people from writing whatever it is they wish to write about, but she could choose to ignore it and move on with her life instead.
Matt Lauer also said that he never had an affair with Giada, but he did confirm that the two had a longstanding friendship. Obviously there’s nothing wrong with the latter.
The divorce has been finalized only two weeks ago and it has emerged that Giada has to make significant payments to her ex-husband. Given that their wealth is pretty similar and that there was no prenup, one would expect there to be an equal division of assets, but that’s not the case here.
Whilst, for the most part, assets are being divided more or less equally, it is Todd who keeps the $3.2 Million home in the Pacific Palisades and he is the one, who will receive not only 50% from every book she has ever published, but also half of the unpaid advances for books she is currently working on. That in itself comes easily to $5 Million.
In addition Giada will pay $9,000 in monthly child support to Todd. They have joint custody, however. Neither of them will receive spousal support.
Why would Giada agree to such a deal? A guilty conscience? To keep Todd from talking about those alleged affairs? Apart from citing irreconcilable differences in his divorce filing, Todd has never given a reason for the separation and neither has Giada. She did meet him when she was 19 years old, however, and perhaps it was time to simply move on from the man who has dominated her life for such a long time.