According to the High Court, where pop star Madonna and husband Guy Ritchie's divorce case has been listed under the names Ciccone M. L. v. Ritchie G. S., to be heard by a judge in its' Family Division, their quickie divorce will be formalized on Friday.

Though, both are entitled to attend the court, it is highly unlikely that the couple who putting an end to intense speculation over their relationship, agreed to end their 8-year old marriage, they will do so.

With a joint fortune of approximately $525-million, three children i. e. Lourdes born in 1996 from Madonna's relationship with Carlos Leon, her fitness instructor, Rocco, their son who was just a few months old when they tied the knot in December 2000, and David Banda, a Malawian boy they adopted in 2006.

However, the terms of Madonna, 50, and Ritchie, 40, divorce settlement remain unknown, as also how they will share custody of the children. Barbara Charone, Madonna's London-based publicist refused to comment of how their combined fortune is to be divided.

However, according to media reports Madonna wishes to live in the United States, while Ritchie will continue to live in his native country United Kingdom.

Born Madonna Louise Veronica Ciccone on 16th August 1958 to a large, devout Italian-Catholic family, living in Bay City, Michigan, Madonna, who is in the middle of her Sticky & Sweet world tour, is one of the most successful singers of all time, with an estimated album sales of more than 200-million.

As for British film director - Guy Ritchie, her soon to be ex-husband is currently busy making Sherlock Holmes, a major Hollywood blockbuster starring Robert Downey Jr., playing the role of the super sleuth from the Victorian-era.