The huge gap in the wealth and earnings of feuding exes Ioan Gruffudd and Alice Evans is laid bare in court documents obtained exclusively by DailyMail.com.
The 50-year-old Welsh actor is worth at least $2.8 million, while his ex-wife Evans, 55, admits to having ‘only’ $14,000 in savings.
DailyMail.com has examined legal and ownership documents, which show that Evans will be completely bankrupt by the start of the summer if her expenses and income remain at the same levels as now.
We previously revealed he paid her $278,000 between 2021 and 2023
That’s because Evans barely makes any money as an actress — and Gruffudd’s current spousal support of $10,000 a month isn’t nearly enough to cover all her expenses.
Ioan Gruffudd, 50, who recently got engaged to Bianca Wallace, is worth at least $2.8 million, while ex-wife Evans, 55, admits to having ‘only’ $14,000 in savings
The couple were married for fourteen years before splitting, with Grufffudd accusing Evans of domestic abuse
In documents, Evans admits: ‘My income fluctuates, I am an actress, earn money from TV or films, plus royalties and appearances, but due to my age and lack of recent work it is now difficult to find a job’
Evans recently filed an income and expense declaration with the Los Angeles Superior Court because the couple is legally separated but has not yet reached an agreement on a permanent agreement regarding child support and the division of their assets.
Last month, Evans said she made zero and averaged $1,619 a month. Her last film role was six years ago and aside from royalties, her only income seems to come from the famous video messaging platform Cameo for $65 a pop.
Still, her total expenses are $15,310, including $6,000 in rent, $3,000 in utilities and $2,500 in groceries.
Adding up Evans’s $10,000 spousal support income, she’s still about $4,000 short per month to pay all the bills.
That means her $14,000 savings would run out in three to four months, leaving her bankrupt in May.
She stated in her statement that she had another $10,000 in property tied up, but that would only keep her going until the end of the summer, even if she could cash out the equity.
Evans may claim that her earning power has been greatly reduced because she is the main caregiver for their children Ella, 14, and Elsie, 10.
She says the girls spend “99 percent” of the time with her and only “1 percent” with their father, and admits: “My income fluctuates, I’m an actress, make money from TV or films, plus royalties and appearances , but due to age and lack of recent work it is now difficult to find a job.’
In contrast, she states that Gruffudd earns between $26 and 40,000 per month.
Evans may claim that her earning power has been greatly reduced because she is the main caregiver for their children Ella, 14, and Elsie, 10
Documents show Evans’ total expenses are $15,310, including $6.5k in rent, $3k in utilities and $2.5k in groceries. She claims to have $14,000 in savings
The couple, who married in August 2007 and separated 14 years later, have both pleaded poverty in the lawsuit, with Gruffudd pleading with the judge to keep the family’s $2 million home in LA’s trendy La Jolla neighborhood, where Evans and the children were staying over, to be allowed to sell. until they switched to renting.
In September 2022, Gruffudd moved into a $3,400-a-month apartment with his Australian actress girlfriend Bianca Wallace, to whom he was recently engaged, saying she paid all the rent and the “majority of our living expenses.”
Gruffudd’s fiancée Bianca Wallace is an Australian actress who was an extra in the TV drama Harrow
In court documents, the Fantastic Four actor said: ‘I have explained these financial circumstances to Alice and have asked her numerous times since we parted ways, through counsel, to assist financially and agree to the sale of the La Jolla residence… but Alice didn’t agree. to my requests or settlement proposals.
“I believe Alice will be able to contribute to La Jolla’s housing costs in the short term. However, based on the information I have, I understand and believe that Alice cannot afford to pay the long-term costs of the home.”
It’s no wonder Gruffudd wanted to sell to ease its cash flow problems, but a sale would hardly make a difference to Evans.
That’s because the couple have signed a prenuptial agreement, we can reveal.
It stated that the $750,000 Gruffudd spent to purchase their property would be repaid with interest in the event of divorce.
They also saddled the house with a huge mortgage and barely made a dent in it.
They bought the three-bedroom house in February 2006 for $1.55 million, but took out a $900,000 loan from Union Bank six years later.
They sold the property in April 2023 for $2 million, but were still left with $845,500 in mortgage, which was paid off with the proceeds from the sale.
After Gruffudd’s $750,000 deposit plus interest was returned to him, they split approximately $400,000 between them, minus all legal fees, brokerage fees and real estate taxes.
It is likely that Evans came out of the home sale with a maximum of $100,000.
The former couple also agreed in the premarital agreement that any individual income would not be shared during their marriage, which heavily favors Gruffudd.
Another recently filed court document exposes Gruffudd’s wealth compared to Evans’.
The ‘Joint Statement of Contested/Undisputed Financial Matters’ estimates Gruffudd’s net worth at more than $2.8 million, while Evans says he has $35,000 in cash.
Gruffudd was paying $6,570 a month in mortgage payments, insurance and property taxes and said he no longer had the money to afford the La Jolla home he shared with Evans.
They bought the three-bedroom house in February 2006 for $1.55 million, but six years later took out a $900,000 loan from Union Bank, records show.
Gruffudd has two companies: Derwen Deg Productions, founded before the marriage and his only, and Fair Oaks Productions, founded during their marriage for both acting jobs, but is largely Gruffudd’s credit as Evans has not worked recently.
This shows that he earned an average of $588,134 per year before the split.
Since their breakup, that figure has dropped dramatically. In 2021, he earned $486,565. In 2022 it fell to just $51,103, but last year it rose to $219,168.
The prenuptial agreement set spousal support at 10% of income, but Gruffudd’s legal team claims he paid too much.
In 2021 and 2022, they claim he was overpaid by $352,344.
Conversely, he gave Evans a total of $19,891 in the first nine months of 2023 – that’s just $2,210 per month and nowhere near covering Evans’ expenses.
At least the two have now agreed to a temporary plan for Gruffudd to provide $1,500 monthly for each child and $7,000 spousal support, for a total of $10,000 per month.
It’s a small victory, but at least Evans was able to keep the family car, a 2015 Toyota Prius.
As usual in bitter divorce cases, the big winners are the lawyers from Gruffudd’s legal team who admit ‘far too much money was spent’ on fees.
The court documentation states: “Attorneys’ fees and costs must be reasonably necessary and the parties must purposefully direct their attorneys to use their scarce resources to achieve an efficient resolution of all issues in the case.”
“To date, far too much money has been spent on attorneys’ fees and costs in this case. The petitioner (Gruffudd) remains hopeful about the parties’ ability to resolve the financial issues in this case.”
The next hearing is on February 7.