Kim Basinger and Alec Baldwin divorced after 9 years of marriage. The settlement was reportedly about $3M. Settlement details, timeline and prenup facts.
Figures are reported estimates. Last updated Oct 2026.
A bitter custody battle over daughter Ireland became tabloid fodder for years.
Kim Basinger, the actress who won the Academy Award for Best Supporting Actress for L.A. Confidential, and Alec Baldwin, the actor and later television star, met on the set of the film The Marrying Man in 1990 and married on 19 August 1993. They had a daughter, Ireland, born in 1995. Basinger had earlier appeared in 9½ Weeks and Batman, and Baldwin in The Hunt for Red October. They were seen as one of Hollywood's glamorous couples.
Basinger's wealth came from her film fees in the 1980s and 1990s, and Baldwin's from film roles and later from television, notably 30 Rock, for which he won multiple Emmy awards. In the 1990s, however, Basinger lost money in a dispute over the film Boxing Helena, in which she was sued for backing out of a role and was ordered to pay millions of dollars, and she was forced to declare bankruptcy in 1997.
The couple married in 1993 and had their daughter in 1995. They separated in 2000, and the divorce was finalized in 2002, after about nine years. The divorce was followed by a long and bitter custody battle, which lasted for years and included a leaked voicemail in which Baldwin shouted at his daughter in 2007. Baldwin later married Hilaria Thomas in 2012, and they have had several children.
The financial settlement was reported at about $3 million, though the main dispute was over custody and visitation of Ireland, not over assets. Baldwin agreed to pay child support, and the case remained in court for years after the divorce. The numbers are estimates drawn from press accounts, and the sums are small compared with other cases on this list.
The sum is a fraction of the figures in the largest cases, reflecting the financial position of both actors. Basinger's earlier bankruptcy and the moderate earnings of the couple limited the assets. The case is better known for the legal battle over custody than for the size of the financial settlement.
Baldwin's career was revived by 30 Rock, in which he played Jack Donaghy, and by Saturday Night Live. Basinger continued to act and was also a supporter of animal rights. The divorce had a long-lasting effect on both because of the custody dispute, but it did not change their business interests in a major way.
The Basinger and Baldwin divorce is a classic example of a celebrity divorce in which the sums were modest but the conflict was intense. It can be compared with the Mel Gibson or Pitt and Jolie cases in terms of custody conflict. In terms of money, it is among the smaller cases on the list.
Basinger once bought the entire town of Braselton, Georgia, in 1989 with a business partner, for a reported $20 million, and later sold it at a loss. Their daughter Ireland became a model and actress. Baldwin has written about the custody dispute in his book A Promise to Ourselves. The $3 million figure is an estimate.
Alec Baldwin's reported settlement was about $3 million.
They married in 1993 and divorced in 2002, a marriage of roughly 9 years.
No prenuptial agreement was reported.
Yes, the family is reported to include 1 children.
Reported assets include: Los Angeles property, cash, film royalties.
The sum is a fraction of the figures in the largest cases, reflecting the financial position of both actors. Basinger's earlier bankruptcy and the moderate earnings of the couple limited the assets.