Demi Moore announced that she is divorcing Ashton Kutcher after six years of marriage.

Both Ashton and Demi released statements shortly after the announcement.

Demi released a statement through her rep saying she's ending her marriage "with great sadness and a heavy heart."

She adds "as a woman, a mother and a wife, there are certain values and vows that I hold sacred, and it is in this spirit that I have chosen to move forward with my life."

After the statement was released Kutcher tweeted "I will forever cherish the time I spent with Demi. Marriage is one of the most difficult things in the world and unfortunately sometimes they fail."

When Ashton says they fail, he means sometimes you sleep with a couple of random 22 year old girls and get caught.

The divorce will not be cheap for him either.  Sources say that since Demi was humiliated by the very public way in which Ashton cheated,  she is preparing to battle him over their substantial fortune, which is $290 million!