Jennifer Lopez and Alex Rodriguez have decided that they are better off as friends. As tragic as the exes’ announcement may be, the A-listers stressed that their decision is for the best.
“We have realized we are better as friends and look forward to remaining so,” they told CNN.
Lopez and Rodriguez, who have multiple businesses together, also confirmed that they will remain partners in all their previous ventures.
“We will continue to work together and support each other on our shared businesses and projects. We wish the best for each other and one another's children. Out of respect for them, the only other comment we have to say is thank you to everyone who has sent kind words and support,” they said.
Last month, People predicted that the couple would split. Back then, Lopez and Rodriguez just called off their engagement. But a source told the publication that it won’t be a cut-and-dry breakup for them because they are tied to their businesses.
Lopez and Rodriguez are investors in the self-care company Hims & Hers. They also collaborated with the Fitplan, an app that offers fitness coaching.
The exes also own two mansions together. Last year, they purchased a $33 million property on Star Island in Miami. Lopez and Rodriguez also own a house in New York. Most recently, they partnered with Goli, a nutrition company that focuses on promoting wellness and healthy lifestyles through their range of gummies.
A source told Page Six that even though Lopez and Rodriguez are not yet married, they still need to divide their assets at one point. The only difference is that the process will be less complicated for them.
Last year, the exes also tried to buy the New York Mets. However, they didn’t secure a deal with the team, which turned out to be a blessing in disguise.
“Even though the deal would have seen Alex and Jennifer putting in their own separate investments, it would have been a huge mess to get out of it,” the source said.
Lopez and Rodriguez are also secured with their finances separately. The former’s net worth is estimated at $400 million. The singer and actress’s income comes from her movies, TV shows, albums, live performances, and businesses.
Rodriguez’s net worth, on the other hand, is estimated at $350 million. Much of his income came from his career as a baseball player. He has also had a slew of television gigs on shows like Shark Tank, Good Morning America, Back in the Game, and more.
Since they are both financially secured, it seems Lopez and Rodriguez won’t get down and dirty while splitting their businesses and properties.