After a year of separation, Tina Knowles, 70, and Richard Lawson, 77, have finalized their divorce.
As part of the settlement, Tina is required to make a one-time payment of $300,000 to her former husband. Neither Tina nor Richard will be receiving spousal support.
The couple married on April 12, 2015, and their separation began on July 25, 2023. Tina filed for divorce the following day, on July 26, 2023.
According to court documents obtained by In Touch, Tina, 70, submitted the agreement that covers all outstanding issues.
Tina and Richard, 77, wed on April 12, 2015, and separated on July 25, 2023. Tina filed for divorce on July 26, 2023.
The 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.”
Regarding their community property, Tina 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.
Richard was granted ownership of a 2021 Cadillac Escalade, multiple bank and retirement accounts, any outstanding payments due to Richard Lawson Studios, as well as all royalties and creative works he developed during the marriage.
The settlement stipulates that Tina retained her separate assets, including her Los Angeles home, a property in Texas, all furniture in her residences, her jewelry, retirement accounts, and all income earned since their separation. Richard also received full rights to his studio, his artwork, jewelry, clothing, royalties, and his SAG pension plan.
Tina agreed to pay off any credit cards in her name and all outstanding balances on any and all household expenses.
Richard will cover his credit card debt and all debt related to the Cadillac. Further, Tina agreed to pay a one-time payment of $300,000 to Richard. The exes agreed that neither party will receive spousal support.
The deal also had a non-disparagement clause that prohibits either from speaking negatively about the other or the other’s children and their spouses. Another provision stated, “With respect to the mutual desire to protect the privacy rights of any and all present or future grandchildren of either party, the parties agree that they will not, when asked by any media or person, discuss said grandchildren or future grandchildren whether verbally or in writing.”
Tina and Richard’s 2015 wedding took place in Newport Beach, California. The guests included Beyoncé, 42, and her sister Solange Knowles, along with Jay-Z, Kelly Rowland, Michelle Williams, Samuel L. Jackson and Richard’s children, Bianca and Richard Lawson.
