Hollywood divorces are rarely simple — but when $57 billion is at stake, the stakes rise to an entirely different level. Real Housewives of Beverly Hills stars Kyle Richards and Mauricio Umansky are navigating what could become one of the most high-profile financial splits in Bravo history, with complex legal and emotional entanglements still unresolved more than two years after announcing their separation.

Despite going public with their separation in 2023, the couple has yet to officially file for divorce. Many speculate this delay is a strategic move to manage their considerable shared assets. According to Los Angeles-based attorney and crisis communicator Jamie E. Wright, that kind of timing isn’t uncommon when so much is on the line.

“The stakes are sky-high,” Wright told The U.S. Sun. “The launch of The Agency during marriage automatically makes the business property that belongs to both partners under California state law, despite Mauricio’s lead role in its creation.”

Mauricio Umansky founded the real estate brokerage The Agency in 2011, 15 years into his marriage to Kyle. Since then, the company has exploded in growth, reportedly generating more than $57 billion in sales, according to Forbes. Though Mauricio is the face of the business, Kyle has long hinted at her involvement — even stating on RHOBH that “we started the real estate group” and that she “signed on the paperwork” as the company was forming.

Wright explained that those seemingly small acknowledgments could carry significant legal weight. “The act of signing initial documents by Kyle Richards might indicate she co-owned part of The Agency or contributed to its development,” she said. “As a public figure, Kyle Richards provides essential marketing value to The Agency, which enhances her potential claim for ownership despite being unpaid.”

But this divorce is about much more than just a real estate company. The couple, who have been married since 1996, share a reported net worth of at least $100 million — a figure that could be far higher once the value of The Agency and their other joint assets are fully calculated. Wright emphasized that the legal battle touches every aspect of their high-profile lifestyle.

“This situation spans far beyond deciding who will possess the Aspen residence,” she said. “The divorce represents a complex matter involving real estate business empires alongside brand equity value and shared ownership of properties together with accumulated revenue from a 14-season recurring role on Bravo’s Real Housewives of Beverly Hills.”

Dividing such an empire isn’t just about financial spreadsheets — it’s also an emotional minefield. “Millions create an environment where emotions become deeply involved,” Wright noted, “thus making the situation increasingly complicated.”

While both Kyle Richards and Mauricio have been linked to new romantic partners — with Kyle rumored to have grown close to country singer Morgan Wade, and Mauricio also seen moving on — the financial negotiations may prove to be their longest entanglement yet. As Wright put it, “Both parties must navigate this legal battle like a chess match since a single strategic mistake can result in major financial losses reaching into the tens of millions.”

As Bravo fans and legal experts alike continue to watch this unfolding case, one thing is certain: when love and legacy collide, the fallout can be as dramatic as anything seen on reality TV.