The Hogans Spend a Hulking Amount of Money
Gary Bogdon/VH1
Forget headlocks and body slams. It's the bills that must have Hulk Hogan floored these days.
Newly released legal documents show that the American Gladiator host's estranged wife, Linda, has a serious shopping habit: She's spending $7,258 on clothing and $1,690 on jewelry each month.
At that rate, she should probably hope her hubby's net worth is actually $32.4 million, as he says it is, and not the $26.7 million that her camp has estimated, according to asset-detailing paperwork obtained by the St. Petersburg Times.
To keep herself in shape to don those dandy threads, Linda Bollea, whose 2007 income was listed as $188,158, has also been shelling out $801 per month for grooming purposes.
And she hasn't been neglecting the house, either, what with $7,502 being spent on monthly maid service and $2,464 going toward lawn and pool maintenance. Pet care costs $1,374.
The biggest numbers come in the legal department, with $17,840 going toward her attorneys and accountants each month.
That sum pales in comparison, though, to the $38,316 Hogan is spending each month on legal services. According to his court filing, his divorce proceedings alone had cost him $299,172.32 by mid-June.
The professional wrestler also had to foot the $126,357.91 bill for his son Nick's criminal defense on reckless driving charges, and he dropped $80,000 in June for a public relations firm's damage-control services.
Hogan also recently agreed to temporary monthly alimony of $40,000.
No wonder he's only spending $102 per month on man-tanks, bandannas and other clothing, as well as $1,824 per month on vacations—a fraction of his wife's monthly getaways, which come to $6,100.
Meanwhile, per Linda Bollea's filing, Hogan's income dropped from $4.7 million in 2006 to a mere $1.2 million in 2007, but he rebounded a bit this year and has taken in $2.5 million.
Hogan is also giving $5,000 per month to the family of John Graziano, the young man who was seriously injured while a passenger in Nick Bollea's car during his 2007 smashup, and puts $6,589 toward the monthly care of his elderly mother.
Among the family's assets: $12.9 million in their bank and brokerage accounts; their Belleaire, Fla., home said to be worth $7.3 million; a second home in Clearwater Beach, Fla., worth $1.9 million; $6.2 million in furniture; $218,685 million in jewelry; a powerboat and five water scooters; 14 cars and trucks, including a Rolls Royce and three Dodge Vipers; and eight two-wheel vehicles, including four Harleys.
A judge recently absolved Hogan of having to spend $4.2 million on a Las Vegas condo that he and his wife decided to buy in 2005 and that she still wanted as a Sin City crash pad.
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