Greg Norman's Ex-wife Makes Millions Out Of Divorce

Insync

-Staff

By Staff

Thursday, November 13, 2008, 14:28

Some have a bitter divorce and end up in a major mess, but some manage to make profits even after a disastrous showdown on the expense of their relationship.

Golfing legend Greg Norman's wife, Laura Andrassy, is buying a luxury estate in New York's exclusive Hamptons. Andrassy received over 150-million- Australian dollar divorce settlement from Norman.

She waged a bitter two-year public divorce battle with the Great White Shark, is in contract to pay 11.3 million dollar for a 0.92-acre property on a leafy lane in Southhampton, the Daily Telegraph reported.

The former flight attendant will be pumping millions more into the property as she plans to tear down the 325sqm house to build her dream home on the block, which is close to the ocean.

Andrassy must have bargained hard for the prime land, with the 58-year-old scoring a price cut of almost two million dollars from the property's price of 13.1 dollar million when it was listed a month ago.

The buy is an upgrade for Andrassy, who bought a house in Southampton - which was further from the ocean than her new purchase - last year for 5 million dollar. The Hamptons are a well-known playground for the rich who own summer homes there.

Andrassy's high-profile neighbours include fashion designer Calvin Klein, supermodels Christie Brinkley and Cindy Crawford, musicians Paul Simon and Mariah Carey, comedian Jerry Seinfeld and actors Tom Hanks, Alan Alda and Alec Baldwin.

Andrassy also owns a mansion in the jet-set Florida enclave of West Palm Beach, which she bought in January last year for 4.7 million dollar.

Their divorce was one of the most acrimonious celebrity splits in recent time. The battle ended in July this year when Andrassy won 154 million dollar in cash and assets, Florida court records showed.

Andrassy married Norman in July 1981 after meeting him on a flight. Norman called off the marriage during a phone call to his wife in early 2006 while she was in Italy on holiday with their daughter.