This is how much Mike Wolfe paid to his ex-wife as a divorce settlement from his $15 million fortune

Mike Wolfe, an American reality television personality and antique aficionado, boasts a net worth of $15 million. He is renowned as the co-host of The History Channel’s hit show “American Pickers,” which debuted in 2010.

The series chronicles Wolfe’s adventures alongside co-host Danielle Colby, his brother Robbie Wolfe, and former cast member Frank Fritz as they traverse the nation in search of vintage treasures hidden in old shops, sheds, barns, and garage sales.

With over 300 episodes spanning 22 seasons, “American Pickers” stands as one of The History Channel’s most beloved programs. Apart from his on-screen presence, Wolfe is the mastermind behind the show, serving as its creator and executive producer.

Beyond television, Wolfe’s endeavors extend into various realms. In 2012, he inked an endorsement pact with Indian Motorcycles and crafted a sitcom picked up by CBS.

Moreover, his cameo appearance as himself on “NCIS” in 2018 further solidified his presence in the entertainment sphere. Wolfe has also shared his expertise through literature, penning the books “American Pickers Guide to Picking” (2011) and “Kid Pickers: How to Turn Junk into Treasure” (2013).

Divorce Settlement

In the divorce settlement recently finalized, The Sun reports that Mike Wolfe, aged 57, has been directed by the court to pay his ex-wife, Jodi, aged 50, a total of $634,000 in alimony. The couple, who were married for 10 years, jointly own or have interests in 15 real estate properties.

As part of the settlement, Jodi was granted their $2 million Nashville, Tennessee marital home along with their residence in North Carolina. On the other hand, Mike retains sole ownership of the remaining 13 properties located in Tennessee and Iowa.

Additionally, Mike has agreed to pay Jodi a sum of $5,228,878.73 for the equitable division of their marital estate. Furthermore, Jodi is entitled to 50 per cent of the post-tax royalties earned by Mike for seasons 1-10 of American Pickers up until December 31, 2021.

According to the court documents, Mike will pay Jodi $28,000 in one payment in December 2021 for his work on Season 10 of American Pickers.

Jodi will receive 40 percent of Mike’s post-tax royalties for seasons 1-10 of American Pickers from January 1, 2022, to December 31, 2026. Mike retains ownership of his store Antique Archaeology Nashville, their businesses JCM Investments and MRW Inc., and Mossy Point Productions.

Starting from January 1, 2022, Jodi will handle her medical insurance independently, and she opted not to restore her maiden name.

CUSTODY AGREEMENT

Jodi is the primary residential parent for their 9-year-old daughter, Charlie, with custody for 230.5 days per year, while Mike has her for 134.5 days. Mike is required to pay $2,100 monthly in child support and provide medical and dental insurance for Charlie.

Due to Mike’s commitments on American Pickers, he must inform Jodi in writing if he can’t fulfill his scheduled parenting time for up to four consecutive days. They share joint decision-making regarding Charlie’s education, religious upbringing, non-emergency healthcare, and extracurricular activities.

The divorce proceedings were initiated by Jodi in November 2020 in Tennessee, citing irreconcilable differences after their separation in June 2020. They were married on September 7, 2012, in Franklin, Tennessee.

LOVE AFTER HEARTBREAK

Mike has been residing in the $1,050,000 Tennessee bachelor pad he purchased in June 2020. He is now in a relationship with model Leticia Cline, aged 43, and they made their romance public in August during a visit to his hometown of Le Claire, Iowa. Exclusive photos obtained by The Sun captured their outing together.

Leticia, a former contestant on “Beauty and the Geek,” has already met Mike’s mother, Rita, as she joined them for a festival in Iowa.

FRANK’S FIRING

Mike Wolfe now co-stars with Danielle Colby on American Pickers after long-time co-star Frank Fritz was fired from the series. Frank, aged 57, last appeared on the show in March 2020 before taking time off for back surgery, which resulted in 185 stitches and two spinal rods.

During his hiatus, Frank lost 65 pounds and underwent a healthier lifestyle, including sobriety from alcohol. He spent 77 days in rehab for alcohol addiction in Iowa and has been sober for 11 months.

Despite Frank’s desire to return, Mike announced his dismissal from the show on Instagram in July. Frank expressed feeling neglected by Mike, mentioning their lack of communication for two years. He also remarked on the show’s favoritism towards Mike.