Giada De Laurentiis is a famous cook with her own television shows on the
Food Network cable channel. In 2003, she married fashion designer Todd
Thompson. In 2008, the couple had their only child, daughter Jade Marie
De Laurentiis-Thompson. In July of 2014, the couple separated and six
months later, filed for divorce in California. On September 3, 2015, the
divorce was finalized and their marital settlement agreement became public
Per their marital settlement agreement, they will share custody of their
daughter, and De Laurentiis will pay Thompson $9,000 a month for child support.
They will also divide their community assets as follows:
Thompson will receive 50 percent of De Laurentiis’s upcoming, yet-to-be-paid
advances for her projects such as, $2.5 million for
Giada at Home and Weeknights with Giada and $2.3 million for
Giada Feel Good Food. He will receive half of over $2.3 million in their bank accounts
and art and home furnishings; maintain membership to the Bel-Air Bay Club;
and keep their $3.2 million Pacific Palisades home. He will also receive
full ownership of his Porsche.
De Laurentiis will retain her production company, Linguine Pictures and
have exclusive rights to GDL Foods, Inc. Thompson will have no claim to
the cookbook she is currently writing. She also will receive full ownership
of her Porsche.
According to celebrity website TMZ, both parties are rich in their own
right, and neither will receive spousal support from the other party.
De Laurentiis is said to be worth about $20 million, and Thompson is said
to be worth approximately $15 million.
The California Family Code states that, “…except as otherwise
provided by statute, community property is all property acquired by a
married person during marriage…”, and each spouse has a 50
percent ownership interest in that community property. Upon divorce (known
dissolution of marriage in California), community property is to be divided equitably between
This case is a good example of equitably separating property via dissolution
of marriage. It also disapproves the myth that if a marriage lasts over
ten years in California, one party must pay the other party spousal support.
Spousal support is only awarded if one spouse needs it to maintain his/her
marital life style and the other party has the ability to pay it. Here,
both parties have the means to continue their current life styles, and
neither needs spousal support from the other party.