Hulk Hogan’s costly divorce — reports say he lost 70% of his wealth to first wife Linda Hogan

Hulk Hogan’s death at 71 and the divorce that cost him 70% of his fortune: The world is mourning the loss of professional wrestling legend Hulk Hogan, who died at the age of 71. Known for his electrifying charisma and unforgettable presence in the ring, Hogan’s death has sparked a wave of tributes across the globe. But as fans reflect on his remarkable legacy, many are also revisiting the financial storm he weathered years ago — particularly his high-profile divorce from first wife Linda Hogan, which reportedly cost him 70% of his wealth.

What caused Hulk Hogan’s death?

According to TMZ and other major outlets, Hulk Hogan died on July 24, 2025, after suffering cardiac arrest at his home in Clearwater, Florida. Emergency responders arrived at around 9:51 a.m., but despite rapid intervention, the wrestling icon could not be revived.

His death comes just months after undergoing neck surgery, a procedure his wife Sky Daily had previously described as successful. The WWE has officially confirmed his passing and released a statement honoring his legacy, calling him "one of the most recognized pop culture icons in wrestling history."

How did Linda Hogan walk away with 70% of his wealth?

Back in 2009, Hulk Hogan (born Terry Gene Bollea) finalized his divorce from Linda Hogan after a 24-year marriage. The financial terms of the split were jaw-dropping and made headlines for years — many experts now rank it among the most expensive divorces in celebrity history.

Here’s a detailed look at how the money was divided:

How much did Linda Hogan get in liquid assets?

Linda reportedly received $7.44 million out of the couple’s joint $10.41 million in cash and investment accounts. That’s just over 70% of their liquid assets, leaving Hogan with roughly $2.97 million, or about 30%.

This division alone forms the basis of the widely circulated claim that Hulk Hogan lost 70% of his wealth in the divorce — and yes, that claim is accurate when referring to their bank and investment holdings.

What business ownership did Linda Hogan receive?

As part of the divorce agreement, Linda Hogan was awarded 40% ownership in Hulk Hogan’s business entities. These businesses, tied to his wrestling name, personal brand, and endorsements, were central to his income streams at the time.

What property did Linda Hogan get in the settlement?

In addition to cash and business shares, Linda also received a $3 million real estate settlement. That amount reportedly came from the sale or transfer of their beachfront Florida home and other jointly held properties.

Did Hulk Hogan have to pay spousal support or alimony?

Surprisingly, no alimony or spousal support was required. Despite the large settlement, the court did not order Hogan to make ongoing payments. Legal analysts believe this was due in part to Linda’s substantial financial gain from the asset division.

How much did Hulk Hogan pay in legal fees?

A Florida judge ordered Hulk Hogan to pay more than $180,000 in legal fees, accusing him of delaying the discovery process. In addition to court costs and attorney reimbursements, Hogan was responsible for all litigation expenses during the proceedings.

What did Hulk Hogan get to keep after the divorce?

While the numbers might seem one-sided, Hulk Hogan wasn’t left with nothing. He retained 100% of his future income, including earnings from:

• Live appearances
  
  
• WWE royalties
  
  
• Book sales, especially his 2009 memoir My Life Outside the Ring
  
  

This allowed him to continue building wealth, although he admitted in later interviews that the divorce nearly bankrupted him at the time.

What were the final divorce terms between Hulk and Linda Hogan?

Here’s a breakdown of the financial settlement between Hulk and Linda Hogan:

Hulk Hogan’s life and fortune

Hulk Hogan’s death at 71 closes the chapter on a complicated yet legendary life. His rise, fall, and financial recovery are all part of a story that goes far beyond the ring. While he may have lost a massive chunk of his fortune in the divorce, he never lost the loyalty of his fans or his place in pop culture.

As tributes pour in across the world, one thing is clear: Hulk Hogan may be gone, but his legacy will live forever.

FAQs:

Q1: How much did Hulk Hogan lose in his divorce?
He reportedly lost around 70% of his total wealth.

Q2: What did Linda Hogan get from the divorce?
She got millions in cash, property, cars, and business shares