On April 29, 2010 I posted a blog predicting a child custody move away maneuver by the Wife of Tiger Woods, Elin Nordegren. I referenced that Elin is Swedish. She bought a multimillion dollar home in Sweden during the marriage (why? could she see this coming?). During the separation from Tiger, after the facts first surfaced as to Tiger's extramarital activities and the alleged golf club attack on Tiger, Elin took the children to Sweden. She claimed it was for a short trip. Tiger didn't want her to go. The couple reportedly was seen arguing over this trip. My blog concluded that Elin was moving the children back to Sweden and this was prior to any such news report.
Timeslive.com just reported as to the status of divorce negotiations between Tiger and Elin: First, she reportedly wants $750 million as a settlement payment. Second, Tiger wants a confidentiality clause. Third, Elin wants full custody of the children.
Let me tell you what this report means, if true: Tiger's wealth is not fully known however the amount that Elin is reportedly requesting is not surprising. She is entitled to a share of the marital property as well as spousal support and child support. Tiger Woods is a business that makes money from multiple sources. For example, professional golf and endorsements. Tiger is going to cave into Elin's settlement demands as he wants no more publicity about the divorce as this publicity always returns to reports of Tiger's extramarital activities. Such reports kill off endorsements and this is costing Tiger millions.