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Mel Gibson In £272m Divorce Settlement

Believed to be biggest payoff in Hollywood history...

Mel Gibson's ex-wife Robyn will be having a merrier Christmas than some of us this year after the actor agreed to hand over £272m in their divorce settlement.

The Hollywood star, 55, will be giving Robyn, 51, half of all his £545m assets - which she is entitled to under Californian law.

The settlement, which comes after 31 years of marriage, is believed to be the largest in Hollywood history.

Lethal Weapon star Mel and Robyn separated back in 2006 after he was put on probation for a claimed anti-Semitic rant at a traffic cop.

He has since had a child and split with Oksana Grigorieva, who he is also now supporting.

Robyn filed for divorce when Mel's relationship with Oksana came to light in 2009, but it has taken until now for matters to be concluded.