Billionaire PayPal Founder And Wife To Divorce For The Second Time

Billionaire internet entrepreneur, and PayPal co-founder, Elon Musk and his British actress wife Talulah Riley have agreed to "amicably" end their marriage after being apart the last 5 months, according to a joint statement released Friday. This is the second split for the couple, who first married in 2010, and then again in 2013 after a 2012 divorce. Musk filed the divorce petition in Los Angeles on December 31, 2014. The statement went on to say that Riley would receive $16 million from Musk, who also founded the firms SpaceX and Tesla Motors.

Musk is one of the world's wealthiest individuals with a net worth estimated at some $8 billion, according to Forbes. According to the statement, Riley "has decided to remain in the UK and pursue her career where she has spent the last five months working on her first feature film, 'Scottish Mussel,' as a writer and director." The statement also added that "Mr. Musk and Ms Riley remain friends."

In 2010, Musk went through a messy divorce from his Canadian-born wife, science-fiction writer Justine Musk, mother of their five sons, including triplets. He currently has full custody of the children and they live in the Hollywood Hills.

The 43-year-old Musk, is a South African native. Besides SpaceX and Tesla, Musk heads up SolarCity, a company which makes solar panels for homes and businesses. And he operates his own foundation focusing on education, clean energy and child health.