Jessica Simpson Calls Marriage To Nick Lachey Her Biggest Financial Mistake

Sounds about right.

A decade after her divorce from Nick Lachey, Jessica Simpson isn't holding back -- since she had to pay up.

If you weren't aware, Simpson is a major success story in the fashion world. Her retail empire is valued at more than a $1 billion, which is why she appeared on CNBC's "Closing Bell" on Thursday.

When asked her biggest money mistakes, without missing a beat, the 35-year-old replied, "For some reason, I thought of my first marriage."

Michael Loccisano via Getty Images

The couple, who appeared together on the on the MTV reality show "Newlyweds: Nick and Jessica" from 2003 to 2005, called it quits a few months after the show ended.

Over the course of their marriage, Simpson's star power grew well beyond any level of fame Lachey achieved as a boy band member, and his later attempt at a solo career also flopped; alas, the couple didn't sign a prenup, according to People magazine. Simpson reportedly offered Lachey a settlement of $2 million. According to Forbes, the former 98 Degrees singer is said to have walked away with just less than half of their estate when their divorce was finalized in 2006, in an effort to avoid a drawn-out court battle. Ouch.

Luckily for Simpson, she went on to make the majority of her millions after her divorce from Lachey.

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