Madonna’s soon to be ex husband, movie director Guy Ritchie, will get at least $34 million in cash as well as properties worth even more in his divorce settlement with the pop star, the British tabloid The Sun reports.

The total value of the settlement will according to the rag be around $60 million, which will make Ritchie a very wealthy guy considering that he already has a $44 million fortune, according to Fox News.

The Sun reports that Madonna’s friends have nicknamed her husband “Material Guy”, because of his cash demands. The singer is also quoted as saying to a friend: “I’m totally devastated that Guy’s turned out to be such a gold-digger… I’ve worked my ass off for the last 30 years to get what I have, and now this gold-digger wants to take it from me.”

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