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Although Jennifer Lopez and Alex Rodriguez officially broke up and divorced on Thursday, the two are still financially connected.
The duo issued a joint statement to TODAY, only weeks after reports of reconciliation.
“We have realized that we are better than friends and look forward to staying that way. We will continue to work together and support each other on our shared businesses and projects,” they said. statement read. “We wish the best for each other and each other’s children. Out of respect for them, the only other comment we have to say is thank you to everyone who sent kind words and support.”
JLo and A-Rod went out in 2017 and got engaged in 2019 to delay their wedding plans through the pandemic.
JENNIFER LOPEZ AND ALEX RODRIGUEZ SPLIT AND TERMINATE THEIR ENGAGEMENT OFFICIAL
With their split, the former couple have to split the business reference they started building, which includes real estate and wellness businesses.
Jennifer Lopez and Alex Rodriguez became engaged in 2019. (George Pimentel / Getty Images)
According to Variety, in 2020 they bought a property on the waterfront in Miami for $ 32.5 million. The house is 15,000 square feet in size and located in a very upscale area called Star Island.
The house has 10 bedrooms and 12 bathrooms.
J-Rod also shares a Park Ave located 4000 square foot apartment in New York City with 3 bedrooms, 4.5 bathrooms. The property cost them $ 17 million. They then put it on the market for less than a year later for $ 17.5 million.
HOW MUCH IS JENNIFER LOPEZ WORTH?
The two are also investors in Hims & Hers, a telemedicine company. It sells personal care products focused on hair, skin and sexual health. Rodriguez and Lopez joined the company in 2019.
That same year, the singer and actress and former MLB star partnered with Fit Plan, a personal fitness app that includes videos, nutritional advice and workouts.
J-Rod stopped their engagement and split Thursday. (Getty)
According to Yahoo! Finance, the former duo, became minority owners in Kitu Life, Inc., the maker of Super Coffee, a sugar-free beverage.
In 2021, Lopez separately launched her own skin care and beauty line, JLo Beauty, developed by Ascendant Beauty LLC, a joint venture between Guthy-Renker and BRX GR LLC. The products are available at Sephora and Amazon.
A LOOK BACK TO JENNIFER LOPEZ’S ENGAGEMENT RINGS OVER THE YEARS
Another final-stage deal is the intent of former e-commerce CEO Marc Lore of Rodriguez and Walmart to buy the Timberwolves of Minnesota in the NBA for a reported $ 1.5 billion.
The deal has yet to be approved by NBA owners and the current owner of Timberwolves, Glenn Taylor, who bought the franchise in 1994, will remain one for another two years.
From last year, Known net worth JLo is estimated to be worth no more than $ 400 million, after earning money from acting, singing, performing, producing and more.
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Rodriguez, on the other hand, is estimated To be worth $ 350 million, and earning earnings from his baseball career, followed by a career as a sports analyst.