Saturday, 17 January 2015

#MariahCarey And #NickCannon’s Prenup: She’ll Pay Him $500K If She Violates Agreement!

B18

Mariah Carey and Nick Cannon’s prenup includes a clause that states that he must pay her $250k if he talks to the media, while she’d be mandated to pay him $500k for the same violation. The documents also indicates that she’s worth approximately $150 million, while Nick married her when he had less than $500k. Read more details below.

From TMZ:

Mariah Carey and Nick Cannon have a prenup with a confidentiality clause ... and if she blabs out of school she gets socked for twice what he'd have to pay if he violates it. Sources familiar with the situation tell TMZ ... if Nick violates the confidentiality clause he has to pay her a $250,000 penalty, but if she spills the beans she has to pay him $500K.

And the prenup makes it clear ... Mariah came into the marriage with a boatload of money ... Nick, not so much. The prenup says Mariah is worth $150 million ... she has so much, $30 million is listed as "miscellaneous." Nick came into the marriage in 2008 with a little less than $500K.

He's done well since then, making millions on his various projects, but when they married he ended up buying her engagement ring for $500,000 but took a loan out for $470K. The ring was reportedly worth $2.5 mil, but that's not what he paid. As we reported ... they've already worked out a full property settlement agreement.

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