Washington, Dec 1 Veteran actress Joan Collins is happy that Madonna managed to escape handing over a large financial settlement in her divorce from Guy Ritchie - because she believes wealthy woman should not be forced to hand over any of her hard-earned cash to a former partner.

Madonna and Ritchie's divorce was settled last month (Nov08) and while details of the case were not made public, it is believed Ritchie walked away without a large payoff.

And Collins, who has been divorced four times, insists a wealthy woman like Madonna should not be forced to support their ex-husbands.

"Even though Madonna has zillions, I didn't think she should give half to Guy - she made it all herself, as I did myself. I never asked for or received money from any of my husbands. I despise men who think they deserve money from a woman," Contactmusic quoted Collins, as saying.

"The material gal did not marry a material guy - lucky for her and he's showing a great example to other men who greedily demand money from their wealthier exes," Collins added. (ANI)