Russell Brand Is Not After Katy Perry's Money in Divorce: Source

02/08/2012 at 11:00 AM EST

Katy Perry, Russell Brand Divorce: He Asks for No Money in Papers
Russell Brand and Katy Perry
FameFlynet; Landov

Katy Perry

Katy Perry

Russell Brand is entitled to a large amount of Katy Perry's money in his divorce, but he will not ask for any cash from his higher-earning estranged wife, a source confirms to PEOPLE.

Brand, 36, who married Perry, 27, in October 2010 and filed for divorce this past December, could lay claim to tens of millions of dollars from Perry – half of what she earned during the time they were married. The source says that the couple did not sign a prenuptial agreement.

According to, which first reported the story, Brand's lawyers filed final divorce papers on Tuesday, and the divorce is expected to be finalized June 30 after the mandatory six-month waiting period.

Brand's rep had no comment on his divorce filing.

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