Angelina Jolie Sells Her 50% Share In Château Miraval Winery Amid Brad Pitt Divorce Drama
By Alisan Duran on October 6, 2021 at 2:10 PM EDT
Updated on December 8, 2021 at 1:54 PM EST
Angelina Jolie sold her share of Château Miraval Winery amid her lengthy divorce battle with ex-husband Brad Pitt.
The Maleficent star, 46, co-owned the $164-million French estate in Correns, France, with the Fight Club actor, 57, and since their split, the former couple couldn't decide the future of the assets. Hence, she sold her stake to a third party, as per the Wall Street Journal.
Where Their Wedding Took Place
Jolie and Pitt purchased the luxurious residence located in southern France in 2008, and they used the place as their wedding venue in 2014. In a report by Observer, they bought the Provence estate in 2011 for a reported $67 million. Despite their separation, they both retained equal ownership of the estate and the Miraval wine brand.
Apparently, Jolie has been trying to offload the property for quite a while. However, she claimed that Pitt tried to stop her from selling the palatial estate.
Things Didn't Work Out
Back in July, Jolie filed a petition asking a judge to lift an order that stops the transfer of assets so that she can finally sell her share of Château Miraval. The actress' lawyer revealed back then that the Oscar winner already found a buyer for Nouvel, LLC, but she can't finalize anything because the actor has not agreed to lift the order.
Jolie first filed documents to remove the order in late June, but to her dismay, her application wasn't approved by the judge. Her legal team then requested another hearing last month, where they attempted to appeal again to lift the order so that she could finalize the sale.
A Victory For Jolie
According to Page Six, the wine group Tenute del Mondo, a faction of the Stoli Group, which also owns Masseto and Ornellaia, has reportedly acquired the shares from the actress. The price of the sale was not revealed to the public.
The sale was finalized after Jolie and Pitt agreed on the division of their assets. In detail, they agreed to lift a "standard temporary restraining order" on their properties, opening the door for the Tomb Raider star to sell her half of the 1,000-acre estate.
Pitt Gave His 10% Share To Jolie
Miraval was owned by Quimicum, a company in which Pitt originally held a 60% share through his company Mondo Bongo. Meanwhile, Jolie had only 40% through her company Nouvel, as per the court papers.
In 2016, just three years before their split, Pitt gave 10% of his share from Mondo Bongo to Nouvel, making them equal shareholders. According to the outlet, sources revealed that Jolie and Pitt had to ask each other's permission if they ever wanted to sell their stakes, which they both agreed to.
Not too long ago, a lawsuit was filed against Jolie for allegedly trying to cut Pitt out of the chance to buy her half. The suit also claimed that she tried to sell her shares without giving the actor the right of first refusal. However, the recent sale indicated that the two were able to work things out.