Jessica Simpson's parents Joe and Tina 'fighting over $300m fortune in bitter divorce'

April 2024 ยท 2 minute read

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Jessica Simpson's parents are said to be fighting over financial rewards from their divorce.

The singer-and-actress's mother Tina and father Joe separated last September after 35 years of marriage.

The showbiz patriarch is apparently keen to move their case from Texas to Los Angeles as he believes the no-fault state will look upon his indiscretions - such as being found guilty of driving under the influence (DUI) - more favourably and give him a better financial outcome.

It's official: The former couple's divorce was finalised earlier this week and they are the beneficiaries of Jessica's life insurance, according to reports

Money fight: Jessica Simpson's parents Joe and Tina, pictured here in October 2009, are apparently fighting over financial rewards in their divorce

Although Tina has already offered Joe $100 million of her $300 million fortune, her estranged husband  - who manages both Jessica and his other daughter Ashlee Simpson - still wants more, including a bigger share of the profits gained from Jessica's clothing line The Jessica Simpson Collection.

A source told RadarOnline.com: 'Joe's desperate to get his hands on the pot of gold and is pushing his lawyers to move the case to Los Angeles.

'Texas is both a fault and a no-fault divorce state, so he's concerned that Tina may be favoured by a judge there, after all she was the one that filed and is seemingly the wronged party.

On yer bike: Joe reportedly wanted more money in his divorce from Tina, but it seems they reached an agreement

Oh yer bike: Joe seen here earlier this month riding around Hawaii during a break

'So, by moving the divorce to California, which is a no-fault divorce state only, Joe thinks he will likely get more sympathetic treatment and hopefully a larger chunk of Tina's wealth.

'Joe wants a more even distribution of the wealth. Tina has already offered him a settlement of around $100 million, but Joe is holding out for even more.'

Following their break-up Joe has denied a number of gay sex allegations, but Tina stated their marriage ended when it became 'insupportable because of discord or conflict of personalities'.

Flashback: Joe and Tina with daughters Ashlee and Jessica and her then-partner Nick Lachey

Flashback: Joe and Tina with daughters Ashlee and Jessica and her then-partner Nick Lachey


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