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Donald Trump Ivana Trump (Zelnickova)

Divorce settlement

21 Mar, 1991

The Trumps settle their divorce. Ivana gets a settlement of $14 million dollars, a 45-room mansion, an apartment in the Trump Plaza, and $650,000 annually. The deal is similar to their prenuptial agreement. Trump will retain the 50-room triplex they shared at the top of Trump Tower, New York. Due to Donald’s precarious financial situation, Ivana’s lawyers say she wants to take the money now rather than hold out for a better deal.  If Trump is forced to file for personal bankruptcy protection, the lawyers feared that Ivana would be just one of her ex-husband’s many creditors. Donald had asked his bankers this week for $10 million to pay for the settlement, but the banks confirmed yesterday that they had refused. He said he would come up with the money, but it remains unclear where the $14 million will come from because he gets a living allowance of only $375,000 a month from the banks. Donald:

I’m very happy that this is behind me and I think it’s a real positive step for everyone.