Channing Tatum, Jenna Dewan Finances Explained Amid Magic Mike Battle

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Channing Tatum,Jenna Dewan,Divorce Settlement

Channing Tatum and Jenna Dewan are going to trial over their divorce settlement after disputing over 'Magic Mike' intellectual property earnings

Nearly five years after Channing Tatum and Jenna Dewan were declared legally single, they still have details to iron out regarding their divorce settlement — and it’s all about Magic Mike money.

Dewan claimed that she is entitled to compensation from his salary since the movie “was developed and co-financed by Channing with community effort and marital funds,” further alleging that they acquired the project together. Tatum, for his part, also makes a living as an actor . He also co-own production company 33andOut Productions with Dewan, as well as another production company, Iron Horse Entertainment. In addition to royalties from his acting gigs and Magic Mike properties, he had made numerous investments through the years in companies such as Manscaped, Runa energy drink and more. An October 2023 Forbes report put his estimated net worth at $80 million.Magic Mike is another lucrative venture.

Dewan wants a separate trial over the Magic Mike assets for the court to determine what fiduciary duty Tatum has, if he is in breach of said duties and what damages Dewan is entitled to.

 

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