Portnoy's Ex Still Has Bank Access: A Unique Post-Split Arrangement

USASat Dec 07 2024
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Barstool Sports founder Dave Portnoy has a financial arrangement with his ex-wife, Renee, that might surprise many. Despite their split seven years ago, she still has access to his $150 million fortune through a joint bank account. Portnoy explained that he trusts her implicitly and wants to share the fruits of his success with her because she supported him during the early days of Barstool Sports. The couple is legally separated but hasn't finalized their divorce. They attempted to get divorced in Massachusetts but were denied due to the judge's concern that their financial agreement wasn't fair to Renee. Portnoy owns around $65 million worth of real estate in Massachusetts, Florida, and New York. However, it's unclear if Renee has access to these properties as well. Portnoy's real estate portfolio includes a $13, 980, 000 Miami mansion, which has since increased in value to an estimated $17. 7 million. He also owns two adjacent homes in Nantucket, which he bought for $42 million in 2023, setting a record for the island. Additionally, he has a vacation home in Montauk, purchased for $9. 8 million. This unique financial setup raises questions about trust, fairness, and the complexities of modern relationships. While Portnoy's gesture is a testament to his gratitude, it's also a reminder that every relationship and its aftermath is unique.