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. Mariah Carey And Nick Cannon’s Prenup Contains Steep Confidentiality Violation Fines
Don’t tell ‘em, don’t tell ‘em…According to TMZ reports:
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.- See more at: http://bossip.com/1091706/loose-lips-cost-chips-nick-cannon-to-be-paid-500000-if-mariah-carey-violates-prenup-confidentiality-43081/#sthash.qgRv90Er.dpuf
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.
Mariah Carey And Nick Cannon’s Prenup Contains Steep Confidentiality Violation Fines
Don’t tell ‘em, don’t tell ‘em…According to TMZ reports:
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.- See more at: http://bossip.com/1091706/loose-lips-cost-chips-nick-cannon-to-be-paid-500000-if-mariah-carey-violates-prenup-confidentiality-43081/#sthash.qgRv90Er.dpuf
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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