Just as wrestling facilitated the rise of Terrance Gene 'Terry Bollea' from an absolute obscurity to an ubiquitous meteoric stardom of Hulk Hogan, so has a woman literally obliterated all his earning with the speed of light. He is awesome and his record is amazing. Hogan was inducted into the WWE Hall of Fame in 2005. He is a 12-time world heavyweight champion. He won the Royal Rumble in 1990 and 1991, and was the first to win two Royal Rumbles in a row. In his first reign as WCW World Heavyweight Champion, Hogan held the title for 469 days from July 17, 1994 to October 29, 1995—the longest reign of all time for this championship.
Until 1976 when Jack and Gerald Brisco, the wrestling brothers offered him the opportunity to train and fight as a professional wrestler, Terry was a bass guitarist with his band Ruckus performing around bars in Tampa, Florida having earlier decided to drop out of the University of South Florida before receiving any degree. The rest about his life as a wrestler is a matter of public knowledge and record.The Birth of Hulkamania!
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| Linda and Hulk Hogan in February 2006 (Chris Carlson/AP) |
Like it is said behind a every successful man is a woman. So also is true of the reverse side. The down fall of many superstars in history and the entertainment industry has been largely caused by a woman. So it is that with pain and anguish as Biblical figure Sampson felt that details of his 2009 divorce settlement are coming into the public domain. His ex-wife, Linda has become a kind of delilah in his life. Delilah means "[one who] weakened or uprooted or impoverished".
The specifics of their financial settlement were unknown until now. Linda Bollea received more than 70% of the couple's liquid assets. But the pain doesn't stop there for the Hulkster. His ex also received a 40% ownership stake in Hulk's companies. Plus, she received a $3 million property settlement.
The St. Petersberg Times writes that "the confidential financial settlement came to light this week after it was attached to a new motion filed by Terry Bollea's attorneys."
So, what are the gritty details? According to the documents, Linda Bollea got a lump sum of $7.44 million from the couple's investment accounts. The remaining $2.97 million went to the Hulk.
The properties were either sold or are still on the market. The couple's home used in "Hogan Knows Best" was originally listed for nearly $14 million. It is now available for around $8.87 million. Once that sells, Hogan will owe his ex-wife $1.45 million. The two will split the remaining proceeds.
Additionally, Linda Bollea received several cars in the split, including a Mercedes-Benz, a Corvette, a Cadillac Escalade, and a Rolls-Royce. Hulk received many of the remaining automobiles.
It may sound like Hulk got body slammed, but it's not all bad news for the iconic wrestler. The Hulkster will get to keep any money he earns from personal appearances and will not have to pay alimony.
By celebrity standards, Hulk and Linda had what could be considered a pretty successful marriage. They were together for roughly 26 years and had two children, Nick and Brooke. Their reality program, "Hogan Knows Best," ran for four seasons.
