Wow…THIS is a truly stand-up guy! Though he’s entitled to HALF of what his soon-to-be ex-wife Katy Perry made during their 14 months of marriage (which is $44 million, thus $22 mil for him) because the pair didn’t make a prenup, Russell will be passing on the money and letting Katy keep it. We need more men like this in the world! Read more about his decision below.

Marisa Mendez

Russell’s lawyer filed final divorce papers Tuesday … although the judge will make the divorce official on June 30, because there’s a 6 month waiting period.

Informed sources tell TMZ … Russell and Katy did NOT have a prenup. As a result, everything they earned during their 14-month marriage is community property — which means they’re each entitled to 50% of the pot.

Katy made $44 million between May, 2010 and May, 2011 — according to Forbes. The couple married in October, 2010, so Russell could have scored a fortune if he exercised his community property rights.

But here’s the deal. As one source put it, “This divorce is as amicable as it gets, and Russell was a mensch (Yiddish for a good person).” He doesn’t want Katy’s money. He’s happy to walk away with the money he earned — which is far less than what Katy raked in.