Mel Gibson and his wife of 31 years, Robyn Denise Moore, finalized their divorce last Friday, resulting in Gibson losing half of his $850 million fortune.

Because the couple did not have a prenuptial agreement, Moore was entitled to half of Gibson’s earnings.

Gibson and Moore met in the 1970s, and were married in 1980. Their 31-year marriage resulted in seven children.

The two separated in 2006 and Moore filed for divorce from Gibson in 2009, claiming “irreconcilable differences”. The divorce will be official on January 9th.

Gibson also has a 2 year old daughter with Oskana Grigorieva, a Russian pianist. The two split in April of 2010 and Grigorieva filed a restraining order against Gibson, and accused him of domestic violence. Gibson pleaded no contest in response and was never charged.

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At a gala in his honor last night, Robert Downey Jr. took a chance to tell the industry to forgive and forget Mel Gibson’s hateful and anti-Semitic rants.

At the American Cinematheque tribute, Downey urged the audience to “let (Gibson) work again.

“Unless you are without sin—and if you are, you are in the wrong f—king industry—you should forgive him and let him work again,” Downey said after Gibson presented him with an award at the Beverly Hilton Hotel, according to E Online.

Gibson holds a special place in Downey’s heart because he hired Downey even after being warned about the actor’s troubled private life.  Downey told the audience that Gibson once told him to “help the next guy.”

“It’s reasonable to assume…he didn’t imagine the next guy would be him,” said Downey.

Among the audience, were celebrities such as Jennifer Aniston, Jodie Foster, and Jack Black.

According US Magazine, actor Mel Gibson, 55, has welcomed his third grandchild.

His eldest of the actor’s seven children with ex-wife Robyn, Hannah, 30, gave birth to a baby boy Saturday. The baby’s father is blues singer Kenny Wayne Shepherd, 33. The couple another son and daughter.

The actor has a lot of things going on right now.

According to the source, however, last Friday, the actor was sentenced to three years probation, a year-long domestic violence counseling program, community service and various fines in his battery case involving his ex-girlfriend, Oksana Grigorieva.

This Wednesday, Gibson is going to premieres his up-coming film “The Beaver” at SXSW. The movie will be out in May.

According to the Los Angels Times, Mel Gibson’s attorney met with a prosecutor Tuesday to discuss whether domestic violence charges would be filed against Gibson for the long-running case for which Los Angeles County sheriff’s investigators have spent months looking into whether Gibson hit ex-girlfriend Oksana Grigorieva when they have been locked in a bitter custody dispute over their 1-old daughter, Lucia.

The details of the discussion were not revealed but the source reports that officials have said that case is closely tied to another investigation into whether someone tried to extort money from the actor.

Back in October, the Los Angeles district attorney’s office began considering whether to file domestic violence charges related to an alleged attack by Gibson.

The detailed investigation was even focused on the leaking of recordings of Gibson using a racial slur and abusive language during several telephone calls with his former girlfriend.

Jimmy Kimmel, in perhaps a coming out party for Mel Gibson, pulled a hilarious stunt on his after-Oscar show.

Gibson, who has largely avoided the spotlight since a 2006 drunken anti-Semitic tirade, appeared on Jimmy Kimmel live and showed an “exclusive clip” from what he and Kimmel played up as his latest top-secret film project about a Civil War officer who loses everything.

That actually got us on IMDB for a second.

Instead, the video shows Gibson coming into his bedroom to see his dying wife surrounded by chickens. She’s clutching “the original recipe.” In a fit of vengeance, he vows that “Kentucky shall fry.” Then we see Gibson with shiny black shoes, a white suit and a black southern tie — Colonel Sanders.

Kimmel also did this hilarious promo with Tom Cruise.

You should also remember last year’s after-Oscar hilarity with a cast of Hollywood A-list stars including Brad Pitt and Harrison Ford singing “I’m fucking Ben Affleck.”