Pitt and Jolie married at the residence in 2014 in a secret ceremony attended by only six of their children
Angelina Jolie has been given the green light to offload her share of a valuable French property she shares with estranged husband Brad Pitt.
According to court documents previously obtained by Granthshala News, the two actors are battling for the future of the property, as it is owned by separate limited liability corporations that both parties control. Initially, Pitt owned 60% of the assets, but first transferred 10% to his then-wife, splitting their assets 50/50.
According to the documents, Jolie and Pitt were to give each other the opportunity to buy their share of the property in case they ever split or decided to foreclose their share. Sources told Granthshala News that Jolie was trying to avoid such proceedings by selling her own share.
However, according to new court documents obtained by people magazine, the “Maleficent” star has been allowed to sell off his share of the property, which is worth a total of $164 million.
Brad Pitt and Angelina Jolie fight over $164 million French estate
Earlier this week, Pitt filed a complaint in court claiming that Jolie did not give him the option to buy his share in a 1,000-acre property called Chateau Miraval in Correns, France.
Miraval is owned by Quimicalum, a company in which Pitt originally held his stake through his company, Mondo Bongo. Meanwhile, Jolie took over her share through her company, Novell.
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“It is worth mentioning that, for the last four years, Nouveli [Jolie’s company] did not act in the best interest of Quimcom by systematically delaying the approval and renewal of the annual accounts to the Manager,” the complaint stated.
“We understand that behind this systematic interruption, Nouvel and its shareholders have a real purpose [Jolie] to sell its stake in Chateau Miraval S.A. in a manner that would bypass Mondo Bongo’s right of first refusal (as provided for in Quimicum’s articles of approval), resulting in a capital addition to Mondo Bongo’s investment. Benefit was availed and for which Novell did not contribute.”
Pitt and Jolie married in 2014 in a super secret ceremony, which was attended by only six of their children.