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Tory Burch Has A Million Billion Reasons To Smile!

| Filed under: Fashion SmashionLegal MattersBusiness BlitzTory Burch

tory-burch-legal-settlement-makes-her-a-billionaire.jpg

It’s all in the details, people!

We previously mentioned that Tory Burch had settled her legal issues with ex-husband Chris Burch regarding her company, and now the specifics have been released!

Mr. Burch decided to sell half of the 28.3% of the company he owned in order to save him some tax money, thanks to the laws Congress passed this week.

This means Tory still owns 28.3%, which is worth $935 million, but brings her net worth to $1 billion!

The entire business is worth over triple that at $3.3 billion.

Talk about a good investment!

We’re glad that it’s all settled and that everyone is happy with the financial arrangements. It seems like a win-win!

[Image via Andres Otero/WENN.]

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