Ivan Boesky agreed to get by on $20 million in cash and $180,000 a year from his former wife.
Boesky, 56, also gets a $2.5 million California house under the settlement reached Wednesday in his fight with Seema Boesky over her $100 million fortune.Boesky said that he had made his ex-wife "rich beyond her wildest imaginings" and that she should now share the wealth. They divorced last month after 30 years of marriage.
Boesky, once said to be worth some $200 million, claims to be broke because of fines and restitution stemming from his 1986 guilty plea to insider trading. He served almost two years in prison.