Revealed: How Tess Daly & Vernon Kay Will Divide Their £6M Fortune in ‘Showbiz’s Friendliest Divorce’

After 22 years together, Tess Daly and Vernon Kay have shocked the nation by announcing their split — but insiders insist this may be the calmest, most amicable break in showbiz history.

The couple, who share two children, Phoebe, 21, and Amber, 16, released a joint Instagram statement last Friday, stressing that the separation was made with “care and respect” and insisting it was entirely amicable. To mark the occasion, they even toasted with champagne, signaling their commitment to keeping things classy despite the shock.

The BBC stars (pictured) announced their shock split after 22 years of marriage last Friday in a joint statement posted on Instagram, insisting they 'amicably' decided to part waysSources close to the BBC stars reveal that the division of their combined fortune, reported at £6million, is likely to be straightforward. Both Tess, 57, and Vernon, 52, have earned significant salaries in recent years, giving them financial independence and minimizing potential clashes over assets.

“Vernon and Tess have been clever with their money,” says one insider. “They’ve invested in joint projects as well as solo ones. Their incomes are high and comparable, so there’s little risk of a financial battle. They can walk away without taking a hit.”

At the centre of the fortune is their Buckinghamshire home, a five-bedroom property bought 22 years ago for £1.18million, now worth £3million. The house boasts an outdoor pool, gym, spacious conservatory kitchen, and Tess’s personal dressing room complete with a Hollywood-style mirror and space for her beauty products. There’s even room for her beloved Shetland ponies, Honey and Willow. Vernon also owns a modern home in Bolton, originally purchased for £110,000 and now valued at around £370,000.

Their shared business interests include 21TV Limited, with £739,072 in assets, primarily investments. Legal experts say the separation should be elegant and clear-cut.

“The children are grown, and both have transparent income streams,” says David Lister, senior partner at Vardags, a law firm specialising in high-profile divorces. “There shouldn’t be any issues with hidden assets. They’re both self-sufficient and earn similar amounts. This could be a textbook case of an amicable, 50/50 split.”

Vernon and Tess, who share two children Phoebe, 21, and Amber, 16, started dating in 2001, with the former T4 host popping the question the following year on Christmas Day


A Marriage Tested

Tess and Vernon’s journey together began at a BBC Christmas party in 2001. The pair married in September 2003 at St Mary’s Catholic Church in Horwich, Lancashire. Over two decades, they became one of television’s most admired couples, though their marriage did face turbulence.

The most notable incident came in 2010, when Vernon was caught sending flirty messages to former Page 3 model Rhian Sugden. While the relationship never turned physical, the scandal shook Tess deeply. “He let me down,” Vernon later admitted on air. “I’ve been stupid, but I’m not a sex pest.”

Despite the turmoil, Tess forgave him at the time, prioritizing their young children and maintaining the family unit. Rhian has previously spoken about the lasting impact on her own career and life, recalling the sense of betrayal and public fallout.


Vernon Kay and Tess Daly are negotiating the 'friendliest divorce in showbiz history,' insiders have told the Daily Mail - and at the heart of it is their five-bedroom Buckinghamshire homeCareers and Shared Legacy

Both have thrived professionally despite personal challenges. Vernon, a Radio 2 presenter, earns around £395,000 in his mid-morning slot, taking over from Ken Bruce in 2023. Tess made roughly £400,000 annually as co-host of Strictly Come Dancing before stepping down last December after 21 years. She also supplements her income with beauty endorsements and her swimwear brand, NAIA Beach.

With such financial stability, insiders say their divorce will focus on fairness and transparency rather than disputes. Lister adds: “This is a highly professional couple. Their assets are documented, and accountants and agents will handle everything. It should be a clean, efficient process, and the children’s needs will be met.”


Looking Forward

Though the shock split dominates headlines, Tess and Vernon remain committed to co-parenting. Their statement concluded: “We remain great friends and most importantly, fully committed to our roles as loving and supportive parents, which will always be our priority.”

Fans may never see them as a screen duo again, despite previous speculation about a Richard & Judy-style partnership. Yet the couple’s approach to their split — calm, transparent, and financially fair — could set a new standard for showbiz divorces, proving that even after decades together, it’s possible to part ways with dignity.