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After denying rumors months ago that Madonna and hubby Guy Ritchie are having marital problems, their spokeswoman finally announced that the couple are getting a divorce. According to other sources, the couple want everything settled and over with by Christmas. It seems that the 50-year old pop icon wanted to wrap up her world tour before announcing the split.

Madonna and Guy have 2 children, Rocco, 8, and David Banda, 3 (adopted from Malawi in 2006). Madonna also has a 12-year old daughter, Lourdes, from her former trainer Carlos Leon. The couple are estimated to be worth $525 million, bulk of which belongs to Madonna. Hope this one will not become as messy as the others. When money is a big issue in a dispute, all hell breaks loose.

Rumors and speculation about the Madonna-Guy Ritchie divorce keeps getting stronger and stronger. Tongues are wagging at Madonna’s Central Park West apartment because of the singer’s supposedly late night rendezvous with New York Yankee Alex Rodriguez. Doormen say that Rodriguez sneaks out even as late as midnight.

Is it over between Madonna and Ritchie? Reports say that Madonna has consulted with a high-profile lawyer that handled the divorce of Paul McCartney and Prince Charles. Meanwhile, Ritchie sought legal advice from Forsters Law Firm in London.

With the 7-year marriage about to end, the real question is what happens to the $600 million estate (whew!). This may turn out to be the legal battle of the century considering the assets involved between the the two.