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Heather Mills Walks With $56 Million of Beatle's Money

Posted by Fara Kearnes on March 12, 2007 4:25 PM |

Paul and HeatherHeather Mills has agreed to end her bitter divorce battle with Paul McCartney and accept a $56 million settlement, it was reported yesterday.

In the deal, Mills will drop her demand for sole custody of the couple's daughter, Beatrice, and get one of the ex-Beatle's homes, probably a Georgian mansion worth $8 million, London's The News of the World reported.

The deal saves billionaire Sir Paul at least $6 million. Back in January, Sir Paul proposed a $62 million settlement that would have given Mills two of his homes.Under the new settlement, Mills will drop her demand for $6.6 million a year, $20,000 a day, just "to get by," The News of the World reported.

Instead, she will get $48 million in cash and one of McCartney's homes, probably his Georgian mansion in London's tony St. John's Wood neighborhood.

She has also agreed to drop her demand for sole custody of 3-year-old Beatrice.

"Heather's completely changed her stance. Only recently, Paul's team were worried she might have upped the stakes by threatening to leave England, taking Beatrice with her," a source close to Paul said.

"It didn't happen, but it would have driven Paul to the brink. He doesn't care where Heather ends up, but he is devoted to caring for Beatrice and couldn't bear the thought of not being able to see her," the source said.

"All he ever wanted was for this to be settled so he can get on with his life."



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