Adam Carolla has finalized his divorce from ex-wife Lynette Paradise who will receive $4 million as part of the settlement.
The 59-year-comedian and Lynette, 54, also will split most of their real estate property, according to an article on Wednesday by The Blast.
Carolla will pay Paradise an 'equalization' payment of $4 million that includes the sale of their family home in La Canada Flintridge, California.
The home currently is listed on the market at $8.35 million and Carolla's fees to Paradise could be determined by the net proceeds of the sale.
The Celebrity Apprentice contestant gets to keep his $13 million car collection that includes his 1967 Lamborgini 400GT, 2005 Astin Martin DB9, and 2020 Nissan Anniversary 370Z, along with 28 other luxury vehicles purchased through his podcasting company, Lotzi, Inc.
Adam Carolla, shown in 2019 in Los Angeles, has finalized his divorce from ex-wife Lynette Paradise who will receive $4 million as part of the settlement, according to The Blast
He also was awarded ownership of his Paul Newman memorabilia valued at $150,000 and also retains ownership of the intellectual property of his podcasts, shows, books and live performances.
Paradise will be paid $32,000 monthly for spousal support along with $17,000 a month in child support payments for their two children.
Carolla and Paradise got married in 2002 and have 17-year-old twins Natalia and Santino 'Sonny' Richard Carolla.
The former Loveline co-host announced in May 2021 that he and Paradise were divorcing after 19 years of marriage.
Paradise as part of the divorce agreement also gets to keep a 2022 Tesla Model X and a 2021 Mercedes Benz that are subject to lease agreements.
Carolla and Paradise also have joint legal custody of Natalia and Santino.
The Crank Yankers star broke the news of the end of his marriage on a May 2021 episode of his podcast “‘The Adam Carolla Show.”
“Lynette and I are getting divorced. It’s not something that I wanted to get or to do, I’m a product of divorce, Lynette’s a product of divorce… No one ever signs up to get divorced. We’ve been separated for a few months, it’s hard, the kids come first, and they have,' Carolla told his audience.
Carolla will pay Paradise, show together in November 2013 in Hollywood, an 'equalization' payment of $4 million that includes the sale of their family home in La Canada Flintridge, California
Paradise and Carolla have 17-year-old twins Natalia and Santino 'Sonny' Richard Carolla, shown in April 2015 in Los Angeles
Paradise, shown with Carolla in June 2005 in Hollywood, will be paid $32,000 monthly for spousal support along with $17,000 a month in child support payments for their two children
The Celebrity Apprentice contestant, shown in August 2022 in Hollywood, gets to keep his $13 million car collection that includes his 1967 Lamborgini 400GT, 2005 Astin Martin DB9, and 2020 Nissan Anniversary 370Z, along with 28 other luxury vehicles purchased through his podcasting company, Lotzi, Inc.
He continued, “It’s been a difficult time, we’ve been together for 25 years, we’re very different human beings, we have different sets of philosophies, that’s for sure.” The Guinness World Record holder clarified that infidelity wasn’t the cause of their almost two-decade marriage saying:
“It’s not an event, it’s not somebody was cheating, it’s not chronic gambling or COVID, it’s really just two people that were just that different and just had completely different processes and approaches to life and just couldn’t meet in the middle somewhere. It’s hard, it’s a weird thing. Everyone gets divorced — or a lot of people get divorced … but it just never was in my cards. I guess I didn’t have it as an option. My thing was like, whatever isn’t working, we’ll make it work. But ultimately, if you can’t make it work then it’s probably for the good, so I’m in a pretty good place.”
Carolla made headlines in February 2022 when he suggested during an appearance on Fox News that people follow Alexandria Ocasio-Cortez because she is 'young' and 'beautiful.'
He also recently admitted to calling Dancing With The Stars judge Carrie Ann Inaba, 56, 'a b****' by accident while competing in 2008 on the ABC show.
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