Music mogul Simon Cowell has reportedly drawn up a prenuptial agreement before he ties the knot with fiancee Mezhgan Hussainy.
According to Musicrooms.net, the 50-year-old has written the legal document to safeguard his fortune should the couple separate.
The website states that under the terms of the prenuptial agreement, Hussainy would receive £33 million if the pair were to divorce less than five years after their nuptials. For every year after that, she would receive an extra £700,000.
A source reportedly told Look magazine: "It's a win-win situation for Mezhgan and she's already verbally agreed to it. Now it's just a matter of the lawyers signing it off."
Cowell and Hussainy were engaged in February when the X Factor judge presented his new love with a £250,000 ring. They intend to marry later in the year.
Meanwhile, reports claim that Cowell splashed out £65,000 on a convertible Jaguar for Hussainy to celebrate her 37th birthday recently.
Posted by Christopher Evans
Published on: April 22, 2010