There is no Kyle Richards divorce settlement yet, because Richards and Mauricio Umansky have not filed for divorce. Nearly three years after announcing their separation in July 2023, the couple remains legally married, has signed no paperwork, and has not formally divided a fortune that would almost certainly be split in half under California law. When a settlement does come, the absence of a prenuptial agreement means virtually every asset built during their nearly thirty-year marriage, including Umansky’s luxury brokerage The Agency, is on the table.
Why No Settlement Exists Yet
Richards and Umansky confirmed their separation in a joint statement on July 3, 2023, which also denied reports of a divorce filing. Umansky moved out of their Encino home by May 2024.1People. Kyle Richards Mauricio Umansky Relationship Timeline Everything after that has stayed informal.
On a March 2026 podcast, Richards confirmed the couple is “not legally separated” and has “not done any paperwork.”2Bravo TV. Kyle Richards Mauricio Umansky Divorce Status Update She told Watch What Happens Live in January 2026 that they had “had conversations about what this is going to look like,” but had formalized nothing.3Bravo TV. Kyle Richards Mauricio Umansky Conversations About Divorce Filing During Season 15 of The Real Housewives of Beverly Hills, Richards said she had considered filing “a couple times” but called it a “big decision” tied to their children. Asked whether he had thought about filing, Umansky answered, “No.”4Yahoo Entertainment. Kyle Richards Reveals Exact Moment
Richards has described the delay as a choice. “There is no reason to fight,” she said, adding that they are handling things “on our own terms in our own time.”2Bravo TV. Kyle Richards Mauricio Umansky Divorce Status Update The couple still co-parents, vacations together, and maintains what Richards calls a friendship.5Bravo TV. Is Kyle Richards Waiting for Mauricio Umansky to Come Back
No Prenup and California’s 50/50 Default
Richards and Umansky did not sign a prenuptial agreement when they married in January 1996. Richards has explained why plainly: “My husband and I didn’t have two nickels to rub together when we got married, so a prenup was not an option or even talked about.”6Page Six. Why Kyle Richards and Mauricio Umansky Never Signed a Prenup In a January 2024 radio interview she summed up the stakes: “It’s very clean cut. Everything is half regardless.”7Yahoo Entertainment. Kyle Richards Mauricio Umansky Prenup
Under California’s community property system, property acquired during a marriage is presumptively split 50/50 at divorce. That covers business interests, earnings, and appreciation on real estate. The pivotal legal concept is the “date of separation,” which cuts off when each spouse’s earnings start counting as separate property. California defines that date as a “complete and final break,” proven by both expressed intent and consistent conduct.8Realtor.com. Kyle Richards Mauricio Umansky Agency Divorce
Without a filed divorce petition, no court has set that date for Richards and Umansky. Income, commissions, and appreciation from the last two and a half years sit in a legal gray zone and could potentially be claimed as community property by either side. For a couple whose combined net worth has been estimated at roughly $100 to $200 million, each additional month changes the arithmetic.9Women’s Health. Mauricio Umansky Net Worth
The Agency: The Biggest Number in the Case
The marquee asset is The Agency, the luxury real estate firm Umansky founded in 2011, fifteen years into the marriage. The brokerage has facilitated more than $57 billion in global sales since inception and operates over 145 offices in 14 countries.8Realtor.com. Kyle Richards Mauricio Umansky Agency Divorce The firm’s valuation has not been publicly disclosed; Umansky’s personal net worth is often estimated at $100 million.10Cosmopolitan. Mauricio Umansky Net Worth
Richards has staked out her position. Asked by Andy Cohen at the Season 15 RHOBH reunion whether she would seek half of The Agency, she replied, “Well, it’s mine. Half of it’s mine.”11E! Online. Kyle Richards Divorce Update Splitting Fortune With Mauricio Umansky She has grounded that claim in several facts: the couple obtained their real estate licenses together at Santa Monica College, she was involved in opening the brokerage, and her Real Housewives visibility helped launch the brand. Castmate Amanda Francis made the same point about the show’s role in raising the firm’s profile.8Realtor.com. Kyle Richards Mauricio Umansky Agency Divorce Richards has also cited Umansky’s own public statements crediting her for his success.12Bravo TV. Kyle Richards Mauricio Umansky Finances Split Divorce Prenup
The legal picture generally supports her claim. Because The Agency was founded during the marriage and there is no prenup, it would almost certainly be classified as community property. For businesses, California courts typically use the valuation date of trial or settlement rather than the date of separation, which means any growth The Agency has posted during the limbo period could still be subject to division. If Umansky wants to keep full control of the firm, Richards would likely be entitled to a substantial buyout.8Realtor.com. Kyle Richards Mauricio Umansky Agency Divorce
Real Estate and Other Assets in Play
The couple’s property holdings add another layer to the community estate:
- The Encino home, bought in 2017 for $8.25 million, where Richards has lived since the separation. She denied rumors in late 2025 that she had sold it or moved out.13Bravo TV. Kyle Richards Reveals She Bought New House Amid Split
- A six-bedroom Mediterranean-style vacation home in La Quinta, California, purchased in 2014 for $2.35 million and still owned as of early 2025.14Yahoo Entertainment. Heres Reminder Backyard Kyle Richards
- An Aspen vacation home the couple moved into in August 2022, after selling a prior Aspen property that June for $9.75 million. The replacement property’s purchase price has not been publicly reported.15Bravo TV. Alexia Umansky Posts New Look Inside Kyle Richards Aspen House
- A 6,229-square-foot Bel-Air home sold in January 2022 for $6.1 million; it had rented at $20,000 per month before the sale.16Architectural Digest. Kyle Richards Mauricio Umansky Sell Traditional Bel Air Home
As of late 2025, Richards said she and Umansky had no plans to sell any of their shared homes.13Bravo TV. Kyle Richards Reveals She Bought New House Amid Split
Richards has her own income on the table. She has been on The Real Housewives of Beverly Hills since its 2010 premiere, reportedly earning between $270,000 and $500,000 per season, though she has disputed the higher figure. She acted in the original Halloween (1978) and its 2021 and 2022 sequels, was executive producer on the 2018 series American Woman, and launched her clothing line Kyle x Shahida in 2019, which operates a boutique in Palm Desert, California.17Yahoo Lifestyle. RHOBHs Kyle Richards Owns a Ton All of it, earned during the marriage, is also community property, which means Umansky has the same theoretical 50/50 claim on her earnings that she has on his.
Liabilities That Could Touch the Estate
Two lawsuits connected to Umansky and The Agency ran in the background of the separation and could in principle have affected the marital estate; both have since resolved.
A whistleblower suit filed in July 2023 under the federal False Claims Act alleged that Umansky and The Agency fraudulently obtained a $3.5 million Paycheck Protection Program loan despite the firm’s reported $6 billion in 2020 sales and $6.5 billion in 2021 sales.18Yahoo Entertainment. Report Mauricio Umansky Under Fire A federal judge dismissed Umansky personally in January 2025.19CourtListener. United States of America v. Mauricio Umansky The court later granted summary judgment for The Agency Holdco, finding the whistleblower had not shown the company made a materially false claim.20Bloomberg Law. Real Estate Company Gets Whistleblowers PPP Lawsuit Thrown Out
Separately, investor Sam Hakim sued Umansky and a business partner in 2019 over the 2016 sale of a $70 million Malibu mansion, alleging dual-agency violations and seeking at least $35 million. The case settled in December 2023 with Umansky agreeing to donate an undisclosed amount to charity. A related earlier matter tied to the same property, which had been seized from the son of the president of Equatorial Guinea in a U.S. asset forfeiture case, resolved in 2021 with a $6.35 million payment to a healthcare nonprofit.21Los Angeles Times. Umansky Malibu Mansion Lawsuit Settled
What a Settlement Timeline Would Look Like
Custody will not be a factor. Richards and Umansky’s three daughters together — Alexia, Sophia, and Portia, who turned 18 in March 2026 — are all adults, as is Richards’ daughter Farrah from her first marriage.22People. All About Kyle Richards Daughters Richards has still cited the children as part of why she has not rushed to file.
Once someone files, California law requires a minimum six-month waiting period before a divorce can be finalized. High-net-worth cases with complex business valuations typically run 18 to 36 months. Richards has described the current status as “TBD” and acknowledged the couple “won’t always stay in this gray area,” without offering a timeline.2Bravo TV. Kyle Richards Mauricio Umansky Divorce Status Update Until a petition is filed and a separation date is set, the community property pool keeps moving with The Agency’s performance and each spouse’s income, and any eventual settlement is years, not months, away.