Adam Carolla has finalized his divorce from ex-wife Lynette Paradise, who will receive $4 million as part of the settlement.
The 59-year-old comedian and Lynette, 54, will also split most of their real estate, according to a Wednesday article by The explosion.
Carolla will pay Paradise a $4 million “equalization” payment, which includes the sale of their family home in La Canada Flintridge, California.
The home is currently on the market for $8.35 million and Carolla’s fees to Paradise can be determined by the net proceeds from the sale.
The Celebrity Apprentice contestant gets to keep his $13 million car collection, which includes his 1967 Lamborgini 400GT, 2005 Astin Martin DB9 and 2020 Nissan Anniversary 370Z, along with 28 other luxury vehicles purchased through his podcasting company Lotzi, Inc.
Adam Carolla, seen in 2019 in Los Angeles, has finalized his divorce from ex-wife Lynette Paradise, who will receive $4 million as part of the settlement, according to The Blast
He was also given ownership of his Paul Newman memorabilia worth $150,000, and also retains ownership of the intellectual property of his podcasts, shows, books and live performances.
Paradise receives $32,000 monthly in spousal support, along with $17,000 per month in child support for their two children.
Carolla and Paradise married in 2002 and have 17-year-old twins Natalia and Santino ‘Sonny’ Richard Carolla.
The former Loveline co-host announced in May 2021 that he and Paradise were divorcing after 19 years of marriage.
As part of the divorce agreement, Paradise also gets to keep a 2022 Tesla Model X and a 2021 Mercedes Benz, which are subject to lease agreements.
Carolla and Paradise also have joint custody of Natalia and Santino.
The Crank Yankers star announced the news of the end of his marriage on a May 2021 episode of his podcast “The Adam Carolla Show.”
“Lynette and I are getting divorced. It’s not something I wanted to get or do. I am a product of divorce, Lynette is a product of divorce… No one ever files for divorce. We’ve been apart for a few months, it’s hard, the kids come first, and that’s true,” Carolla told his audience.
Carolla will pay Paradise, a joint show in November 2013 in Hollywood, a $4 million “equalization” payment, including the sale of their family home in La Canada Flintridge, California
Paradise and Carolla have 17-year-old twins Natalia and Santino ‘Sonny’ Richard Carolla, shown in April 2015 in Los Angeles
Paradise, which debuted in Hollywood with Carolla in June 2005, will receive $32,000 monthly in spousal support, along with $17,000 per month in child support for their two children.
The Celebrity Apprentice contestant, who will be shown in Hollywood in August 2022, will get to keep his $13 million car collection, including his 1967 Lamborgini 400GT, 2005 Astin Martin DB9 and 2020 Nissan Anniversary 370Z, along with 28 other luxury vehicles purchased through his podcasting company. Lotzi, Inc.
He continued: “It’s been a tough time, we’ve been together for 25 years, we’re very different people, we have different philosophies, that’s for sure.” The Guinness World Record holder clarified that infidelity was not the cause of their nearly two-decade marriage, saying:
“It’s not an event, it’s not someone cheating, it’s not chronic gambling or COVID, it’s really just two people who were just so different and had completely different processes and approaches to life and just met somewhere in the middle couldn’t meet. It’s hard, it’s a strange thing. Everyone gets divorced – or a lot of people get divorced… but it was just never in my cards. I guess I didn’t have it as an option. My thing was: whatever doesn’t work, we make it work. But ultimately, if you can’t make it work, it’s probably for the better, so I’m in a pretty good place.
Carolla made headlines in February 2022 when he suggested during an appearance on Fox News that people follow Alexandria Ocasio-Cortez because she is “young” and “beautiful.”
Him too recently admitted she accidentally called Dancing With The Stars judge Carrie Ann Inaba, 56, “ab****” when she joined the ABC show in 2008.