Before the media even had a chance to takes sides Madonna and Guy Ritchie have reportedly reached a settlement in their divorce - with the director walking away without so much as a whiff of the singers $450 million fortune.

A source close to the couple says Guy didn't want anything from his wife of 8 years and was only concerned about the welfare of their 3 children, Lourdes, Rocco and David Banda. It's believed that Lourdes, who's father is personal trainer/actor Carlos Leon, will stay in NYC with her mother, while the boys will reside with their father/adoptive father in the UK. 

Fortunately the pair were amicable enough not to repeat the public onslaught witnessed between high profile couple Sir Paul McCartney and Heather Mills, which saw Mills walk away with a cool $50 million. 

So with the full details of the settlement to be released by the end of the month, it looks as though Madonna can continue to pound on the treadmill in a bid to defy death, and Guy will prove his lot directing Sherlock Holmes with Robert Downey Jr. and Jude Law (pictured here today).