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Affidavit Reveals Bollea's Lavish Lifestyle

News Channel 8 file photo by INDIRA LEVINE

Linda Bollea goes to Pinellas County Jail on July 28 to visit her son Nick on his birthday.

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Published: September 4, 2008

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CLEARWATER - CLEARWATER - Linda Bollea, the estranged wife of famous former wrestler Hulk Hogan, spends $7,258 each month on clothing, $1,690 on jewelry, and $801 on grooming, according to court documents.

She spends $1,247 each month at restaurants, $7,502 for maid service and $2,464 on lawn care.

These tidbits are contained in a 19-page financial affidavit filed by Linda Bollea last month, and they provide yet another glimpse into her and her family's lavish lifestyle.

Bollea is divorcing Hogan, whose real name is Terry Bollea, and attorneys for both have reached a temporary settlement under which Hogan pays Linda $40,000 a month. The divorce is not final, and the court battle associated with it is expected to continue at least into next year.

Bollea filed for divorce in November, three months after the couple's now-18-year-old son Nick Bollea was involved in a wreck that left Nick Bollea's friend, John Graziano, with permanent brain damage. The Graziano family has filed a suit against the Bollea family as a result of the wreck.

In the financial affidavit, filed Aug. 8, Linda Bollea says she works in a temporary capacity for VH-1. She says she made $188,158 last year, but Hogan made $1.42 million, she says in the financial affidavit.

Her expenses, she says in the financial affidavit, come to $97,989 a month, including $17,840 in monthly legal and accounting bills.

When it comes to her and her husband's assets, she lists their worth at $26.7 million – including $1.6 million in cash on hand, $11.3 million in stocks, and $3.7 million in retirement and life insurance assets.

Their home on Willadel Drive is worth $7.2 million and the home on Eldorado Avenue is worth $1.9 million, the affidavit says. The couple also owns roughly 12 vehicles, including a Rolls Royce, a Mercedes, and a Cadillac Escalade, along with more than a dozen motorcycles and personal watercraft, her affidavit says.

Reporter Stephen Thompson can be reached at (727) 451-2336 or spthompson@tampatrib.com.

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