Madge and my Gwynnie hooked up last night in London for dinner at Locanda Locatelli amid rumours that, despite assurances to the contrary, she and Guy are, for all intents and purposes, totally over.

At issue, apparently, is that Madonna found out that Guy is a fraud:

"Madonna is said to have lost respect for Ritchie when she found out he had embellished his past," one in-the-know Briton told us. "Far from the tough, working-class London dude he adoringly echoed in "Lock, Stock and Two Smoking Barrels," he"s actually a privileged, prep school boy who chose to affect a gangland accent and walk with a street swagger. Brits can spot this at 100 yards, or hear it in an accent. Yanks, alas, can"t."

Also Guy’s ego:

"He"s known in the UK as a moviemaker homeboy-made good while in the US, he"s just the foreign half-wit who took Madonna from her American homeland and made her talk all funny."

Snort.

So here’s the thing – this bitch is a control freak. And for a quarter of a century, she’s been sellin’ it better than anyone else with the exception perhaps of the Pitts, who are newer to the game than she is.

Madonna is releasing her last studio album with Warner Music in April. She then heads over to Live Nation to kick off a 10 year, blockbuster contract.

At 50.

She is doing this at 50. Madonna is still relevant at 50.

But needless to say, in these times, it’s about more than the music. Not that she’d bargain the strength of her marriage in exchange for professional success…but stranger things have happened, non?

I love that Gwyneth looks so smug. She even walks smug. That’s my girl. You can’t teach that gossips. That kind of smug is DNA coded.

Photos from Wenn.com