Real Housewives of Salt Lake City star Bronwyn Newport’s husband, Todd Bradley, finalized his divorce from his first wife two years before he met the fashion influencer.
During their nearly 28-year marriage, Todd, now 66, gave his former wife, Margaret Bradley, 66, lavish jewelry—similar to the extravagant gifts Bravo viewers have seen him give Bronwyn on RHOSLC.
The former couple also owned several properties, including an English-style manor in Palo Alto, California, currently listed for $14.9 million, and a luxurious five-bedroom home in San Diego.
Court documents exclusively obtained by DailyMail.com reveal details of Todd’s divorce, including the multimillion-dollar settlement reached with Margaret.
Margaret filed for divorce in August 2009, after 27 years and 11 months of marriage, citing irreconcilable differences.
The couple married when they were both 22 and went on to have two children together.
Todd Bradley’s divorce to his ex wife included a $14 million settlement
Todd was married to his first wife, Margaret Bradley, for nearly 28 years
Bronwyn and Todd met in 2014 in San Francisco, two years after his divorce was finalized
A San Diego judge finalized the divorce in September 2012 after determining that negotiations between the former spouses had been conducted “at arm’s length.”
According to the documents, both parties were represented by attorneys and received guidance from forensic accountants and financial planners.
Their Marital Settlement Agreement stated that Margaret waived her right to spousal support from Todd. Child support was not part of the agreement because their two children were adults when she filed for divorce.
Instead, the former couple agreed that Todd would pay Margaret a $4 million settlement.
“In consideration of the mutual waivers of support, Todd shall pay Margaret the sum of four million dollars ($4,000,000) as set forth in the MSA (Marital Settlement Agreement). Said sum shall not be taxable to Margaret nor deductible to Todd,” the court documents state.
The pair also agreed that no equalization payment was necessary because they had divided their community property, liabilities and accounts equally.
Each party agreed to cover their own legal fees, costs and other expenses, although Margaret had asked Todd to pay her fees when she initially filed the divorce petition.
In an Income and Expense Declaration filed in December 2010, Todd estimated that Margaret’s gross monthly income was $30,000.
Todd has two adult sons with his ex while Bronwyn has one daughter, Gwen, from a previous relationship
Todd and Bronwyn have six dogs and live in Salt Lake City, Utah
Bronwyn has opened up about Todd cheating on her in the past during a recent episode of Real Housewives of Salt Lake City
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He based that estimate on the approximately $10 million in cash Margaret had received through a partial division of the couple’s marital assets.
Combined with the additional $4 million settlement, Margaret received a total of $14 million.
Todd reported a gross monthly salary of $60,219 as Hewlett-Packard’s executive vice president. He also listed average monthly commissions or bonuses of approximately $797,518.
His gross income for 2009 exceeded $10 million. His current net worth has been estimated at $24.6 million.
Margaret separately filed a Declaration of Disclosure covering separate and community property, as well as “jewelry gifted to [Margaret] during marriage.”
Bravo viewers have seen Bronwyn, 39, receive a lavish gift of her own: a $4 million opera necklace featuring 170 carats, presented during the couple’s anniversary celebration in Palm Springs.
Todd and Bronwyn have not discussed the details of his first marriage on RHOSLC. They have mentioned that he has two adult children, including one son who is six months older than the reality star.
Bronwyn has one child from a previous relationship: an 18-year-old daughter named Gwen, whose father tragically died.
Bronwyn and Todd recently celebrated their eight year wedding anniversary
Bronwyn joined the cast of RHOSLC when season 5 premiered in September
New episodes of RHOSLC air every Wednesday on Bravo
Bronwyn and Todd met in San Francisco in 2014 while she was working in finance. They married two years later before moving to Salt Lake City, Utah, where they eventually made their home in a 14,966-square-foot mansion.
Their relationship came under scrutiny after it was revealed that Todd had cheated on Bronwyn.
During the latest RHOSLC episode, Bronwyn told the cast, “A couple of years ago, we were on a trip and he was texting someone on his iPad and [my daughter] Gwen went to say something to him and Gwen saw it over his shoulder. So, Gwen came to me, and I confronted Todd.”
When her castmates pressed her for more details, Bronwyn said, “It’s a fatal flaw of his. What’s good for him in business is that he’s never satisfied. He’s always pushing for the next deal, the best deal, whatever. It’s hard to turn that off when you come home.”
The fashion influencer later clarified her remarks during an appearance on Watch What Happens Live with Andy Cohen, describing the incident as a “misunderstanding.”
“Todd never did anything physical with anybody. It wasn’t this big affair,” she explained.
“It was really that I was uncomfortable with how much he was talking to somebody who was very flirty with him. But…what I was trying to tell the ladies that night is that I’m insecure. I take things really personally. It’s hard for me and I used that as an example. I wish I hadn’t.”
Todd and Bronwyn’s marital troubles will continue to play out when The Real Housewives of Salt Lake City returns on Wednesday, January 8, at 8 p.m. ET.
