Tim White
Apr 05, 2024 - 11:30

Battle over Brad Pitt and Angelina Jolie's $500M winery: What will happen next?

Brad Pitt and Angelina Jolie's legal battle over $500 million French winery hinges on a measly $1, sparking controversy.

The ongoing legal battle between Brad Pitt and Angelina Jolie over their $500 million French winery has taken a surprising turn, with a measly $1 at the center of the dispute.

The former Hollywood power couple has been embroiled in a bitter feud over the vineyard they purchased in 2008, following Jolie's filing for divorce in 2016. The legal battle has spanned across courts in California and Luxembourg, with complexities rivaling that of a fine Bordeaux from 1961.

At the heart of the conflict lies a seemingly insignificant sum of 1 euro, which symbolizes the transfer of shares between Pitt and Jolie. Despite initially holding 60% and 40% ownership respectively, Pitt gifted Jolie an additional 10% just before their 2014 wedding, making them equal partners in the venture.

However, Pitt's lawyers have raised concerns about the validity of the 1 euro transaction, claiming it was never paid and did not reflect the true market value of the property. Jolie later sold her half of the vineyard to Stoli Group, but Pitt's legal team is seeking to invalidate the deal based on the unresolved payment.

While properties are often sold for $1 as a symbolic gesture, the legal implications of this transaction have sparked a heated debate between the exes. Jolie has accused Pitt of demanding an all-encompassing nondisclosure agreement that hindered the sale of her shares, while Pitt alleges that Jolie reneged on their buyout negotiations.

Amidst these legal battles, the question of the 1 euro transaction looms large, with both parties awaiting a ruling from the Luxembourg court. Jolie's recent filings also referenced abuse allegations against Pitt, further complicating the already contentious proceedings.

As the legal saga continues, the fate of the French winery remains uncertain, with Pitt and Jolie locked in a high-stakes battle over ownership and control. The 1 euro dispute serves as a symbol of the larger conflict between the two exes, highlighting the complexities of their legal entanglements and the emotional toll it has taken on both parties.