Mel Gibson, the renowned actor, is now officially single following the conclusion of his divorce proceedings in a Los Angeles court.

However, this newfound bachelor status has come with a significant financial cost.

His former spouse, Robyn, with whom he shared a marriage of almost three decades and seven children, is set to receive half of his substantial wealth, which was previously estimated at around $850 million, as reported by the Los Angeles Business Journal back in 2006.

This division of assets marks one of the most substantial divorce settlements ever seen in the realm of Hollywood.

Due to the absence of a prenuptial agreement between the couple, Robyn, aged 55, is legally entitled to claim fifty percent of all earnings accumulated by Gibson during their time together.

Gibson’s vast fortune includes earnings exceeding $600 million generated solely from the success of his film “The Passion of the Christ,” as well as investments in real estate valued at over $100 million worldwide, including the purchase of an island in Fiji for $15 million in 2005.

Furthermore, he has accrued $75 million from various film and television projects on which he served as an executive producer.

Reports suggest that a portion of his assets has already been conferred to Robyn, notably in the form of two Malibu residences valued at a total of $22.5 million.

Additionally, any future proceeds derived from film royalties will be equally divided between the former partners for the remainder of Gibson’s life.

In recorded conversations from February 2010 between Gibson and his then-girlfriend Oksana Grigorieva, the actor cited a lack of shared spiritual beliefs as a key reason for parting ways with his wife.

Amidst a contentious custody dispute with Grigorieva, during which allegations of domestic abuse were raised against Gibson, Robyn provided a sworn testimony in July 2010 affirm