Key Takeaways
- A judge ordered Kevin Gates to give estranged wife Dreka Gates $929,341.50 in child and spousal support, plus another $150,000 from his music catalog sale.
- The proceeds will also cover $125,000 in Dreka’s attorney fees, $100,000 for her accountant, and $103,000 for mediation, while Kevin receives $538,798 upfront and $225,000 monthly.
- The order follows a contentious divorce battle in which Kevin disputed the legality of their marriage and accused Dreka and her family of stealing from him.
Kevin Gates has been ordered to fork over a significant portion of the money he received from the sale of his music catalog to estranged wife, Dreka Gates.
According to court documents reviewed by Complex, the proceeds from the sale will be paid to Gates’ company, Bread Winner Alumni LLC., and subsequently deposited into a Morgan Stanley account.
This account will be managed by Robert Brady, CFO of Bread Winner Alumni LLC, with certified public accountant William Duerksen serving as the only other “authorized individual.” Morgan Stanley has been instructed to disallow Gates from receiving such a designation.
From the sale, Dreka will receive $929,341.50 in spousal and child support, plus an additional $150,000. Her accountant Harvey Bezozi will be paid $100,000, while $125,000 will be put towards her attorney fees.
Judicial Arbitration and Mediation Services, or JAMS, will receive $103,000.
Gates will be paid an upfront fee of $538,798, with a monthly payment of $225,000.
Since filing for divorce last year, the road to a resolution has been quite rocky for Gates and Dreka. The rapper claimed their marriage was not legally binding and accused his ex and her family of stealing money from him.
The rapper alleges his stolen money was used by Dreka to open a dispensary that was allegedly shut down after one month.
Gates claimed Dreka was trying to paint him as a “deadbeat daddy” to their two children, calling her “a goddess of manipulation and darkness.”