Hulk Hogan Doesn’t Have Tom Cruise Money

Hulk Hogan is not only "devastated" that his wife, Linda, filed for divorce, but she's also seeking half of the couple's more than $9.5 million in assets.

Linda is seeking to split the couple's assets, which include the 17,000-square-foot Bel Air mansion where the family primarily lives and a 3,474-square-foot home in Clearwater Beach, Fla., as well as a condo under construction in Las Vegas. The two existing homes alone are worth nearly $9.5 million, the petition says.

According to Page Six, Linda Bollea has a thing for high priced luxuries.

"Linda wanted to move to California," a spy said.

"Hulk and the kids were happy in Florida. They've been fighting for quite a while, and a lot of it has to do with her out-of- control spending. She just goes nuts and acts like Hulk has Tom Cruise money - when he doesn't. She wanted to buy a $12 million house in LA, and when Hulk refused, she went ahead and rented a $35,000-a-month house. They already have four to five houses and she wants more?" Linda also apparently likes to "party."

Linda Hogan is a Liar Too - Loves Street Racing



ABCActionNews.com out of Tampa Bay, Florida has uncovered video from 2005, showing mom Linda Hogan drag racing another vehicle, with daughter Brooke in the passenger seat. The video, from a documentary called "Vehicular Lunatics," also shows Linda boasting, "Oh, I love it. I love it. The rush, the speed on the road, stereo blasting, heart-pounding, racing in between all the cars, dodging the cops. It's awesome."

Nick Hogan Crash: 911 Tapes Released - Listen Here

The St. Petersburg Times has just posted 911 tapes recorded just moments after Nick Hogan crashed his Supra on a Clearwater, Fla. road. One caller can clearly be heard saying, "They were racing!"

Hogan was driving on August 26 when he lost control and hit a palm tree. His friend, 22-year-old John Graziano, was not wearing a seat belt and was seriously injured in the accident. He suffered permanent brain damage and is now in a vegetative state.

TMZ

Out of all the Hogans, Brooke is doing the best. She stripped down to her bikini poolside in Miami last week.