EXCLUSIVE: Oksana Signed Away Right To Mel Gibson's Billion Dollar Fortune
July 12 2010, Published 10:15 a.m. ET
Mel Gibson's baby mama Oksana Grigorieva signed a cohabitation agreement that locked her out of securing a slice of the Oscar winning director/actor's billion-dollar fortune, Breaking Celebrity News has exclusively learned.
The contract, which Oksana signed while she was pregnant last year, prevents her from laying any future claim to Gibson's extensive business empire or vast assets, we're told.
However, it includes provisions for the Russian musician to financially care for their eight-month-old daughter, Lucia.
Despite the agreement, the 55-year-old Braveheart star has not met his financial obligations or paid a cent in child support, a source close to the situation told Breaking Celebrity News.
"He is not paying me a penny," Grigorieva even admitted not soon after their bitter court battle became public.
She told a British newspaper, "I am having to live on credit cards and borrowed money... It is not a good situation."
A cohabitation agreement, much like a prenuptial agreement, is a legal agreement reached between a couple who have chosen to live together.
It is struck in order to protect individuals from unnecessary cost and litigation should their cohabitation break down.
Gibson split with his now ex-wife Robyn in April last year, just days after he was photographed kissing Grigorieva on a Costa Rican beach. Mel and Robyn had been married for 28 years and have seven children