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Gold digging Kim Kardashian and Kanye West set to battle for $2.1bn estate in historic divorce

Their luxury mansion in California valued at $60million, their ranch in Wyoming and personal items of art valued at $5million, cars at $4million and jewellery worth more than $3million are among the items to be divided up in the negotiations.

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Kanye West and Kim Kardashain have confirmed that they are to divorce

Kanye West and Kim Kardashain have confirmed that they are to divorce

Kanye West and Kim Kardashain have confirmed that they are to divorce

It was a romance forged among lavish lifestyles, luxury cars and an international property portfolio. Now Kim Kardashian and Kanye West have confirmed months of speculation by going their separate ways following a tumultuous period in their relationship - sparking a $2.1billion divorce set to be one of the most expensive in history.

That's the massive sum believed to be at stake in the couple's combined wealth and assets.

Their luxury mansion in California valued at $60million, their ranch in Wyoming and personal items of art valued at $5million, cars at $4million and jewellery worth more than $3million are among the items to be divided up in the negotiations.

Kim filed for divorce on Friday night, seven years after the couple celebrated their marriage with a lengthy international honeymoon - including a stay in the sprawling Castle Oliver in Ardpatrick, Co Limerick. She was photographed without her wedding ring just hours after the news was made public.

Sources say Kanye believes his failed presidential bid, when he revealed extremely personal details about their relationship, cost him his marriage to Kim.

During that time she issued a statement addressing his issues with bipolar disorder and asking fans for "compassion". The couple have been together since 2012.

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Kim and Kanye got married in 2014 (Photo: Instagram/Kim Kardashian)

Kim and Kanye got married in 2014 (Photo: Instagram/Kim Kardashian)

Kim and Kanye got married in 2014 (Photo: Instagram/Kim Kardashian)

According to celebrity website TMZ - which broke the story - so far their separation deal is "as amicable as a divorce can be" with the couple committed to sharing custody of their four children North, Chicago, Psalm and Saint. While Kanye's struggles with bi-polar disorder have been a concern over the past year, sources told the site that Kim believes he is a great dad.

The couple also have a prenuptial agreement - but if either contests this, the divorce deal could turn rocky and protracted.

Kim has already hired hotshot divorce lawyer Laura Wasser - who previously represented her when she split from basketball star Kris Humphries. The powerful attorney - rumoured to have inspired Laura Dern's character in Marriage Story - also represented Angelina Jolie in her divorce from Brad Pitt. Other A-list clients of Wasser's include Heidi Klum, Ryan Reynolds and Gwen Stefani.

Wasser has previously said she advises clients to thrash out their differences through mediation rather than in the public glare of the courts.

"Think about the lives you can affect," she said. "Think about the rest of your life and how you're going to have to interact with this person.

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Kanye West and Kim Kardashian with their four children

Kanye West and Kim Kardashian with their four children

Kanye West and Kim Kardashian with their four children

"Think about how you will be perceived if you come out swinging as opposed to coming out being kind and compassionate, and knowing that the person who you're divorcing is somebody who you once loved very much. It's emotionally expensive to go through a really ugly divorce."

Yet, given the couple's vast wealth and portfolio of assets, there are certain to be sticking points.

The couple have joint wealth and assets valued in the region of $2.1 billion to be divided, according to financial bible Forbes. The couple both own and run independent businesses.

including Kanye's fashion collaboration with Adidas, Yeezy, and Kim's luxury beauty brand KKW Beauty. Both are likely to retain control of any future income from those businesses.

At $1.3 billion, Kanye is the wealthier of the two - Kim's wealth is estimated at a mere $780 million - but her fortune is much more liquid and less dependant on fashion and customer trends.

Things become far more complicated when it comes to shared property and assets - in particular the mansion in Calabasas, California they both regard as home. Sources connected to the couple have already indicated this could be a negotiation nightmare. While Kim has been spending most of her time their with the kids, the $60 property is both stars' primary west-coast residence, though they also own a $3 million property in a gated complex in Santa Monica.

The couple also own shared properties in Miami and two ranches in Wyoming. That's not including $5 million in original works of art, $4 million in luxury vehicles and at least $3 million in high-end jewellery.

The couple endorse each other's brands as a duo, and have appeared on magazine covers and endorsements together, so future earnings from such brands could also be a sticking point, according to US branding expert Jade Dressler.

"Any time a vocal pop culture icon doubles up with another icon, all factors immediately zoom to a higher level," she told E! .

The Kardashians have been photographed regularly wearing Kanye's Yeezy brand, advertising the wares to a collective audience that is unparalleled. Whether this will continue post-split remains to be seen.

"I expect that her latest interests in politics, law and wellness issues open up even more brand opportunities for her," added Dressler.

"If anything, I think Kanye West may suffer a little bit. I think a big part of the Yeezy brand was supported by Kim, and she has a stronger social media following."

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