OMG! Elin Nordegren's Divorce Settlement Is Revealed — Tiger Woods Paid Her $110 Million!

Mon, October 18, 2010 8:29am EDT by 6 Comments

Elin walked away with a figure close to what we’ve been speculating for months, but do you think the loyal Swedish beauty deserved more?

A new report claims Tiger Woods paid his ex-wife of six years, Elin Nordegren $110 million in their divorce settlement. The two were married in 2004, but once Tiger’s laundry list of mistresses was revealed, there was no looking back for Elin. Despite having a more than comfortable bank account, the mother of their two children, Sam, 2, and Charlie, 1, is keeping her purse strings pulled tight.

RadarOnline.com is reporting that when Elin, 30, flew from California to Orlando last week, she opted to fly commercial instead of chartering a private jet.

“She could afford the jet but didn’t even consider it,” says a source. “She’s not cheap, but she’s just not throwing money around and wasting it the way some people would.”

But even though Elin isn’t throwing money around, she’s still trying to maintain the lifestyle she once shared with her ex-husband. Sources say Elin still has a few nannies but she’s cutting their hours.

“She has cut back some of the hours some people work, she’s not acting like she hit the lottery.”

But here’s the thing, Tiger is estimated to be worth about $500 million, so why did Elin only walk away with one fifth of that? Tiger also paid his top mistress, Rachel Uchitel $10 million in order to get her to stop talking to the press, but in perspective, Elin only received 12 times more than that amount.

“Elin wanted enough money to not change her luxurious lifestyle but she didn’t try to take him for every penny that she could,” says a source.

It turns out the bigger issue was custody, and Tiger was reportedly very worried that Elin was going to take their two children to her native Sweden.

“That was a bigger hang up than money. Making sure he had access to Sam and Charlie was crucial for Tiger,” says a source close to the family.

We still think that the humble ex-wife deserved a lot more, and should have taken Tiger to the cleaners! Do YOU think Elin should have gotten more than $110 million in their divorce settlement?

— Chloe Melas