Tina Knowles and Richard Lawson Finalize Divorce, Actor Gets $300,000 Payment

Beyoncé’s mother, Tina Knowles, has officially finalized her discreet divorce from Richard Lawson. As part of the settlement, Tina agreed to a one-time payment of $300,000 to Richard. Court documents released details of the agreement, resolving all outstanding issues between the former couple.

The divorce settlement cites irreconcilable differences as the cause for the irreparable breakdown of the marriage. According to the agreement:

• Tina Knowles will retain:
  • A 2018 Tesla
  • A 2020 Bentley
  • Her book deal with Penguin Random House
  • A one-percent stake in Kirby Beauty Management LLC
  • Furniture, artwork, and properties in Los Angeles and Texas
  • All creative works and ideas developed during the marriage
• Richard Lawson will receive:
  • A 2021 Cadillac Escalade
  • Multiple bank and retirement accounts
  • All funds owed to Richard Lawson Studios
  • Any royalties earned
  • All creative works developed during the marriage
  • His Screen Actors Guild benefits and royalties

Furthermore, Richard will leave the marriage without any debt, as Tina has agreed to settle any outstanding credit card balances.

Tina, 70, and Richard, 77, were married on April 12, 2015, but separated on July 25, 2023. Tina filed for divorce the very next day. Since then, both have been seen relishing their newfound freedom.

In January, Tina celebrated her birthday surrounded by friends, including Holly Robinson-Peete, Lela Rochon Fuqua, and Vivica A. Fox.

Source: People