Jack Osbourne And His Estranged Wife Divide Their Houses 50/50 In Divorce Settlement
Jack Osbourne and his ex-wife, Lisa Stelly, both received a house in their divorce settlement, according to The Blast. In a report from the publication, the reality star, 32, and his former partner, deliberated a deal where Stelly would receive their home in the Sherman Oaks neighborhood of Los Angeles.
They paid $1,875,000 for the 2,972-square-foot home in the affluent neighborhood where many stars reside. The 31-year-old, Stelly, then gave up her home in the Studio City area to Jack.
In 2014, Jack and Stelly paid $3,200,000 for the home that has seven bathrooms and five bedrooms. In May, Stelly filed the divorce papers to separate from her husband of six years.
In a joint statement released on his Instagram account, Jack and Stelly said they loved each other, but they just couldn't make it work out between them.
"We are disappointed but feel confident that we will continue to grow our relationship as co-parents and best friends," their Instagram post read.
In August, multiple reports revealed that the couple reached a settlement in their divorce proceedings. They have three daughters for which they'll share joint custody: Pearl, Andy, and Minnie, who are 6, 3, and seven months, respectively.
As it was previously reported, Jack and Stelly's boyfriend, Michael Gabel, got into a heated argument that turned physical. However, Mike chose not to press charges, probably to avoid bringing the legal system into their already contentious divorce battle - which has since been resolved.
Ever since The Osbournes ended in 2005, Jack keeps himself busy through fitness and travel reporting, even embarking on a tour with his father, Ozzy Osbourne, for a TV show on the History Channel, Ozzy and Jack's World Detour.
Audiences in America first came to know Jack from The Osbournes on MTV which aired from 2002 until 2005. The show was a part of the first wave of reality TV which has gone on to dominate television.