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Although Jennifer Lopez and Alex Rodriguez officially called off their engagement and broke up on Thursday, the two are still linked financially.
The duo has just issued a joint statement to TODAY weeks after reportedly reconciliation
“We have realized that we are better as friends and look forward to continuing to do so. We will continue to work together and support each other in our shared businesses and projects,” their read the statement. “We wish each other and each other’s children the best. Out of respect for them, the only other comment we have to say is to thank everyone who has sent kind words and support.”
JLo and A-Rod began dating in 2017 and got engaged in 2019, but their wedding plans were delayed by the pandemic.
JENNIFER LOPEZ AND ALEX RODRIGUEZ SPLIT AND OFFICIALLY END THEIR INVOLVEMENT
With their split, the former couple must split up the business empire they began to build together, including real estate and welfare companies.
Jennifer Lopez and Alex Rodriguez became engaged in 2019. (George Pimentel / Getty Images)
According to Variety, they bought a waterfront property in Miami for $ 32.5 million in 2020. The house is 15,000 square feet and is located in a very exclusive area called Star Island.
The house has 10 bedrooms and 12 bathrooms.
J-Rod also shares a 4,000-square-foot apartment on Park Ave in New York City with 3 bedrooms and 4.5 bathrooms. The property cost them $ 17 million. They then marketed it for $ 17.5 million less than a year later.
HOW MUCH IS JENNIFER LOPEZ WORTH IT?
The two are also investors in Hims & Hers, a telemedicine company. It sells personal care products targeting hair, skin, and sexual health. Rodriguez and Lopez joined the company in 2019.
In the same year, the singer / actress and former MLB star teamed up with Fit Plan, a personal fitness app with videos, nutritional advice and workouts.
J-Rod called off their engagement and broke up on Thursday. (Getty)
According to Yahoo! Finance, the former duo became minority owners in Kitu Life, Inc., makers of Super Coffee, a sugar-free beverage.
Separately, in 2021, Lopez launched her own skincare and beauty line, JLo Beauty, developed by Ascendant Beauty LLC, a joint venture between Guthy-Renker and BRX GR LLC. The products are available from Sephora and Amazon.
A LOOK BACK AT JENNIFER LOPEZ’S ENGAGEMENT RINGS DURING THE YEARS
Another final-stage deal is the move by Rodriguez and Walmart’s former ecommerce CEO Marc Lore to buy Minnesota Timberwolves from the NBA for a reported $ 1.5 billion.
The deal has yet to be approved by NBA owners, and Timberwolves’ current owner Glenn Taylor, who bought the franchise in 1994, would remain there for two more years.
Since last year Celebrity Net Worth It is estimated that JLo is worth a whopping $ 400 million as he has made money acting, singing, hosting, producing and more.
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Rodriguez, on the other hand, is estimated to be worth $ 350 million, making money from his baseball career, which was followed by a career as a sports analyst.