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	<title>West Side Tale Blog &#187; Malibu</title>
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		<title>Mel Gibson&#8217;s $950 million wealth at stake as he faces divorce</title>
		<link>http://www.westsidetale.com/2009/04/16/mel-gibsons-950-million-wealth-at-stake-as-he-faces-divorce/</link>
		<comments>http://www.westsidetale.com/2009/04/16/mel-gibsons-950-million-wealth-at-stake-as-he-faces-divorce/#comments</comments>
		<pubDate>Thu, 16 Apr 2009 19:23:29 +0000</pubDate>
		<dc:creator>Madison</dc:creator>
				<category><![CDATA[Actors]]></category>
		<category><![CDATA[Actress]]></category>
		<category><![CDATA[Divorce and BreakUps]]></category>
		<category><![CDATA[Catholic]]></category>
		<category><![CDATA[church]]></category>
		<category><![CDATA[Divorce]]></category>
		<category><![CDATA[Forbes]]></category>
		<category><![CDATA[Malibu]]></category>
		<category><![CDATA[Mel Gibson]]></category>
		<category><![CDATA[multimillionaire]]></category>
		<category><![CDATA[Robyn Moore]]></category>
		<category><![CDATA[wealth]]></category>

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		<description><![CDATA[Mel Gibson&#8217;s $950 million is at stake as Robyn Moore, his wife of 28 years, plans to divorce him. The Oscar winner&#8217;s multimillion-dollar fortune is up for grabs including his $42 million Catholic church in California. Although it has a congregation of less than 100 people, the Holy Family Catholic Church in Malibu is listed [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: center;"><img class="size-full wp-image-2476 aligncenter" title="SPL17177_009" src="http://www.westsidetale.com/wp-content/uploads/2009/04/mel-gibson-estate.jpg" alt="SPL17177_009" width="500" height="334" /></p>
<p>Mel Gibson&#8217;s $950 million is at stake as Robyn Moore, his wife of 28 years, plans to divorce him.</p>
<p>The Oscar winner&#8217;s multimillion-dollar fortune is up for grabs including his $42 million Catholic church in California.</p>
<p>Although it has a congregation of less than 100 people, the Holy Family Catholic Church in Malibu is listed as being tax exempt.</p>
<p>Its assets include $500,000-worth of artwork.</p>
<p>In 2007 Gibson listed three major expenses connected with the church, including an architect and landscaper to help him keep building in and around the site.</p>
<p>He also paid a law firm $69,000 for its services.</p>
<p>Those expenses are offset by the massive $185 million that he earned in 2005 for the success of his smash hit The Passion of the Christ.</p>
<p>While the religious movie didn&#8217;t fare so well at the box office Gibson made his money on video and DVD sales.</p>
<p>It made $611,899,420 worldwide and $370,782,930 in the US alone, making it the highest-grossing movie in history.</p>
<p>In 2004, the same year the film was released, Gibson ranked number one on Forbes magazine&#8217;s Celebrity 100 List.</p>
<p>He was the highest paid celebrity that year with a reported $210 million salary from the film&#8217;s profits.</p>
<p>It was a good investment given that the actor spent $25 million of his own money to make the film.</p>
<p>At 56 and a father of seven, Gibson can currently command $25 million a movie.</p>
<p>A director and filmmaker he also has his own company called Icon Production.</p>
<p>An avid real estate investor, he has multiple properties in Malibu, Fiji and Costa Rica.</p>
<p>In December 2004 he sold his 300-acre ranch in Australia for a reported $6 million.</p>
<p>That month he bought Mago &#8211; a private island in Fiji &#8211; for an estimated $15 million.</p>
<p>He bought the 2,160-hectare island from a Japanese hotel chain.</p>
<p>Gibson plans to turn the Pacific paradise &#8211; which is home to 40 residents, mostly coconut farmers and their families &#8211; into his own personal retreat.</p>
<p>The South Pacific island boasts two lagoons and stunning white-sand beaches. The sale was finalised in March 2005.</p>
<p>In 2005 he sold his Montana ranch for an undisclosed multimillion-dollar sum.</p>
<p>In 2007 he bought a ranch in Costa Rica for $26 million.</p>
<p>He sold his Tudor estate in Connecticut for $40 million that same year.</p>
<p>In 2007 Gibson reportedly made a $6 million profit by selling a Malibu property for $30 million. He only had it for two years.</p>
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