Pirates of the Caribbean star Depp will divide up his assets equally, including an eye-popping property porfolio littered with mansions, apartments and even an island - Little Hall's Pond Cay in the Bahamas.
It's a generous move from the star, who is not married to Paradis but has two children with the Joe le Taxi singer. As Hollywood lawyer Robert Nachshin told The Sun: 'If the couple had been married, Mr Depp’s wife would be able to simply claim 50%, child support payments and alimony. However, because they are not married this does not apply. The partner would have to file a civil suit and go to court.'
Johnny Depp is one of Hollywood's highest earners, commanding fees upwards of $35m for his role as Captain Jack Sparrow in the Pirates of the Caribean films - $50m for Dead Man's Chest. It is believed the settlement will be finalised out of court.