J. Law keeps $5 million worth of merchandise after finalizing her split from Ben Affleck

last year, Jennifer Lopez and Ben Affleck made headlines when the “On the Floor” singer called off her highly-publicized marriage to the “Air” actor in August.

The two Hollywood stars first came to public attention in 2002 when they got engaged, but broke off their engagement under the pressure of media scrutiny. They rekindled their relationship in 2021, three years after Affleck finalized his divorce from Jennifer Garner and eventually tied the knot. However, after two years of marriage, their renewed romance stopped.

Now, five months later, Jennifer Lopez and Ben Affleck have reached a lucrative settlement despite not having a prenuptial agreement.

Despite the lack of a prenuptial agreement, Lopez and Affleck entered into a settlement agreement. Both stars will keep whatever they individually earned during their marriage and have mutually waived any spousal support rights. Also, since they have no children together, child custody and support have not been an issue.

One notable detail of the settlement is that Lopez kept her iconic engagement ring.

According to reviewed court documents Page six“The Unstoppable” actress will keep the stunning 8.5-carat natural green diamond engagement ring that Affleck gave during his 2022 proposal. The rare green diamond, surrounded by white trapezoidal diamonds, is valued at more than $5 million, and some experts believe it could be worth more than $10 million.

Mike Fried, CEO of The Diamond Pro, previously described the ring as “incredibly rare,” noting that a green diamond of this size is virtually unmatched in the jewelry world.

Affleck’s choice of a green diamond was very personal, as green is Lopez’s favorite color. He even engraved the ring with the sentimental phrase, “not.going.anywhere.”, as a sign of how he signed their emails as they rekindled their romance.

After their split, insiders revealed OK magazine that Lopez had no intention of returning the ring. “It was a gift,” the source explained. “Just because the relationship didn’t work out doesn’t mean she has to get it back.”

The source added: “Jennifer has no guilt about keeping it up and it’s clear Ben doesn’t mind – he’s done it twice already! You can’t say he didn’t know what he was getting into!”

A financial settlement brokered by celebrity attorney Laura Wasser turned out to be the perfect prenuptial agreement for Hollywood’s power couple, preserving their considerable assets amid their split. Millions of dollars were at stake with Affleck’s stake in his highly successful production company, Artists Equity.

Affleck founded Artists Equity in November 2022 with longtime friend and collaborator Matt Damon, just four months after marrying Lopez. The production company quickly made waves in the film industry with hits like Air, The Unstoppable and the much-anticipated The Accountant 2. Under the terms of their settlement, Affleck will retain full ownership of his stake in the company, ensuring that Lopez will have no financial claim to his share.

Likewise, Lopez, who achieved professional success during their marriage, will retain earnings from her successful projects, including her album This Is Me… Now and films such as Mother, Shotgun Wedding and Marry me.” Both stars leave their marriages with their financial independence intact.

Despite their separation, Affleck and Lopez remain committed to maintaining their friendship, especially for the well-being of their children. Over the Christmas holidays, the former couple were spotted dining and exchanging gifts at the exclusive Soho House in West Hollywood.

This was reported by a source close to the couple Page six“They have every intention of continuing to be in each other’s lives despite not being in a romantic relationship.” The insider added: “Ben and Jennifer are still in touch and they communicate when it comes to their children.”

Additionally, sources close to Lopez revealed last month that she wants to put the past behind her as the new year approaches, staying “focused on her life.” An insider said the mother-of-two “had a tough year, but she’s doing well.” They added: “She’s ready for Christmas and a fresh start to the new year.”