last year, Jennifer Lopez and Ben Affleck made headlines when the "On the Floor" singer ended her marriage to the "Air" actor in August.

The two Hollywood stars first attracted public attention in 2002 when they got engaged, only to call it off under the pressure of intense media scrutiny. They reunited in 2021, three years after Affleck finalized his divorce from Jennifer Garner and finally tied the knot. However, their on-again, off-again romance came to an end after two years of marriage.

Now, five months later, Jennifer Lopez and Ben Affleck have reached a favorable settlement despite not having a prenuptial agreement.

Despite the lack of a prenuptial agreement, Lopez and Affleck reached an amicable agreement. Both stars will keep everything they individually earned during the marriage and have mutually waived any right to spousal support. In addition, since they have no children together, child custody and support were not issues.

One notable detail from the settlement is Lopez keeping her iconic engagement ring.

According to court documents he reviewed Page SixThe "Unstoppable" actress will keep the stunning 8.5-carat natural green diamond engagement ring gifted by Affleck during their proposal in 2022. The rare green diamond, surrounded by trapezoid-shaped white diamonds, is estimated to be worth over $5 million, and some experts suggest its value could exceed $10 million.

Mike Fried, CEO of The Diamond Pro, previously described the ring as "incredibly rare," noting that a green diamond of its size is almost unmatched in the jewelry world.

Affleck's choice of a green diamond was deeply personal, as green is Lopez's favorite color. He even engraved the sentimental phrase on the ring: "not.going.nowhere," hinting at how he signed their emails when they rekindled their romance.

After their split, insiders revealed OK Magazine that Lopez had no intention of returning the ring. "It was a gift," the source explained. "Just because the relationship didn't work out doesn't mean he has to take it back."

The source added: "Jennifer doesn't have any guilt about keeping him and Ben clearly doesn't mind - he's already done it twice! Not that he didn't know what he was getting himself into!"

The financial settlement brokered by celebrity attorney Laura Wasser proved to be the perfect prenuptial agreement for the Hollywood power couple, protecting their significant assets amid their split. With Affleck's stake in his wildly successful production company Artists Equity, millions of dollars were at stake.

Affleck founded Artists Equity in November 2022 with longtime friend and collaborator Matt Damon, just four months after marrying Lopez. The production house quickly made waves in the film industry, releasing hits like "Air", "Unstoppable" and the much-anticipated "The Accountant 2". Thanks to the terms of their settlement, Affleck will retain full ownership of his stake in the company, ensuring that Lopez will have no financial claims on his stake.

Similarly, Lopez, who experienced her professional ups and downs during their marriage, will keep earnings from her successful projects, including her album "This Is Me... Now" and movies like "The Mother," "Shotgun Wedding" and "Marry for me." Both stars leave the marriage with their financial independence intact.

Despite their separation, Affleck and Lopez remain committed to maintaining a friendly relationship, especially for the sake of their children. Over the Christmas holidays, the former couple were spotted dining and exchanging gifts at the exclusive Soho House in West Hollywood.

This was revealed by a source close to the couple Page Six"They have every intention of continuing to be in each other's lives despite not being romantically involved." The insider added, "Ben and Jennifer are still connected and communicating when it comes to their kids."

Additionally, sources close to Lopez revealed last month that she wants to put the past behind her as the new year approaches, staying "focused on her own life." An insider said the mother-of-two "had a tough year, but she's doing well." They added: "She's ready for Christmas and the new year to start."