late 2011, court papers revealed the previously secret terms of Hulk Hogan's divorce settlement from his wife of 25 years. His ex, Linda, got more than 70 percent of their liquid assets, plus a 40 percent ownership stake in his companies.
This is how she spent a chunk of that fortune.
She's about to list the mansion that she bought in 2010 after their settlement.
The 6,300-square-foot Tuscan-style villa is on a hilltop in Simi Valley, a Los Angeles suburb. The 24-acre property also has its own private lake; a small guesthouse; a vineyard of Sauvignon blanc and Merlot grapes; and a working orchard of 2,500 avocado trees, producing 60,000 pounds of fruit a year with the help of dedicated colonies of honeybees. The swimming pool has a grotto behind a waterfall, enclosing a Jacuzzi and big-screen TV.
Linda Hogan co-starred on VH1's reality show "Hogan Knows Best" with pro wrestler Hulk Hogan and their two children from 2005 to 2007. She filed for divorce in November 2007, but it took almost two years of nasty court proceedings to hammer out a deal. In 2008, their net worth was estimated at $26 million to $32 million.
After the settlement, she moved to California, where she bought the Simi Valley property for $3.5 million.
She's asking $5.5 million for the estate, which is co-listed by Christophe Choo, Erin Pohl and Bob Pearson.
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