File photo of former Italian Prime Minister Silvio Berlusconi and his wife Veronica Lario in Rome on June 4, 2004 (© Vincenzo Pinto/AFP/Getty Images)

Silvio Berlusconi's Christmas present to ex-wife: $48 million a year

12/28/2012

Silvio Berlusconi may have to tone down his lavish parties after being stung for millions by his ex-wife. The "bunga bunga" party-host and former Italian prime minister has reportedly agreed to pay his ex-wife Veronica Lario almost $48 million a year to bring an end to their long and acrimonious divorce battle. That might also mean his forthcoming wedding to his 27-year-old girlfriend, Francesca Pascale, will be more modest than previously expected. But Berlusconi, who is seeking office again in 2013, as well as appealing a four-year sentence for tax evasion, is worth an estimated $6 billion. We don't think he will have too much trouble making the payments. [Source]

Click to see more on msnNOW.com, updated 24 hours a day.

most recent

What would you do with $48 million a year?