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Papa John’s founder John Schnatter’s wife is divorcing him

The wife of Papa John’s founder John Schnatter filed for divorce on Thursday. The couple has been married for 32 years.

Identifying herself as M. Annette Cox, her maiden name, she said the couple separated on April 1 and that their marriage is irretrievably broken.

Suggesting that they already have divvied up their fortune, she asks that the settlement agreement entered into by the parties be incorporated in the court’s decree.

Schnatter’s net worth has been reported at $500 million, an amount that has shrunk because of the declining value of the company’s stock. He also has sold off some of his shares, and now owns 19% of the company.

The divorce was not unexpected. A few months ago, Cox bought a house in Prospect.

She is 59 and he is 57, according to the filing, which says they have two children from the marriage but who both are adults.