Only 17 days after the divorce was finalized in June 1999, the powerhouse behind the News Corp. media empire, then 68, married 30-year-old Wendi Deng, the newly appointed president of STAR TV and recent Yale School of Management graduate. The Chinese-born Deng accompanied Murdoch everywhere, and reportedly rejuvenated his youth and vitality. In October 1999, Anna Murdoch married investor William Mann, a two-time widower five years older than Rupert. His worth, in comparison to Anna's, was modest.
Three years after the end of her marriage to Murdoch, Anna broke her silence and told "Australian Women's Weekly" the Rupert she knew and loved "died a long time ago." She also said he ruined the marriage by having an affair with his then-translator Deng.
Murdoch, who is now reportedly worth $4 billion and is the 132nd richest person in the world according to the 2009 "Forbes 400," denied the claims and continued to expand to media empire with Deng by his side. They have two young daughters.
Saudi billionaire Adnan Khashoggi's 1982 divorce settlement with his UK-born wife, Soraya, is among the priciest battles in history, with reports claiming amounts as high as $874 million.
When the international arms dealer married Soraya, then only 15, in 1961, he was still a man of modest means. During their 13-year marriage, Soraya served as Khashoggi's business partner and gave birth to five of his children. The marriage ended in 1974 and Khashoggi promised to continue to support his wife and children's lifestyle.
In 1979, Soraya sued her ex for $2.54 billion, at the time the largest sum asked for in a divorce settlement. She walked away with a reported $874 million in an out-of-court settlement.
Khashoggi, estimated to have been worth $4 billion at one point, has since lost his billionaire status. In 2007, the UK's Daily Mail reported the former Mrs. Khashoggi was earning a living as a florist.
Divorce is nothing glamorous for the mega-rich, just ask Craig McCaw. The telecommunications pioneer made more than $11 billion in 1994 by selling his cellular communications company to AT&T. But a year later when McCaw divorced his wife, Wendy, who he met during his sophomore year at Stanford University, the billionaire had to fork over some of the prize.
Wendy McCaw eventually ended up with an estimated $460 million, mostly in Nextel stock, Forbes reported. With the settlement money, she gained a spot on Forbes' 400 Richest Americans in 1998 but fell off just two years later.
McCaw later wed Susan Rasinski, a former ambassador to Austria.
Black Entertainment Television co-founder Robert Johnson made history in 2000 when he became the first African-American billionaire, after cashing in from a $3 billion deal with Viacom. Johnson made history three years later when wife and fellow BET co-founder, Sheila Crump, walked out of a divorce settlement with $400 million.
Despite the expensive divorce, Johnson retained a lucrative portfolio that includes a recording studio, hotels and the Charlotte Bobcats NBA team. But the economic recession took a hit at Johnson's media and hotel investments. Forbes reported Johnson's current worth at $550 million.