The Penskes Part

That word about the divorce remained under wraps for over a year illustrates how Jay Penske shuns the limelight, despite being one of the most influential luminaries in media and entertainment.

Author

Oliver Darcy
September 24, 2024

Jay Penske and Elaine Irwin. (Matt Winkelmeyer/Tommaso Boddi/Getty Images)

Hollywood media mogul Jay Penske and supermodel Elaine Irwin are divorcing.

“We have been best friends in marriage for 14 years and will now continue our lives independently,” Penske and Irwin told me in a joint statement on Tuesday. “We will remain best friends as we raise our daughter and carry the love and respect for each other and our family forward.”

Penske, 45, and Irwin, 55, married in 2012 and welcomed their daughter in 2013.

The couple’s separation, which has not been previously reported, quietly occurred more than a year ago, a person familiar with the matter told me. The divorce will not have a material business impact on the Penske Media Corporation, the person added.

That word about the divorce remained under wraps for over a year illustrates how Penske shuns the limelight, despite being one of the most influential luminaries in media and entertainment. Overseeing a sprawling portfolio of news outlets and live events businesses, Penske, the son of a billionaire auto boss, has quietly…

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Correction: The first version of this story said Penske and Irwin had already divorced. While they had separated more than a year ago, the divorce itself has not yet been finalized. This story has been updated to reflect that.