Billy Joel and his wife, Katie Lee, are separating.
"After nearly five years of marriage, Billy and Katie have decided to separate," reps for the pair said in a joint statement."This decision is the result of much thought and consideration. Billy and Katie remain caring friends, with admiration and respect for each other."
Rumors have circulated for months that Joel's third marriage was on the rocks after reports linked Lee, a chef and author, with Yigal Azrouel, a 36-year-old Israeli-born fashion designer who often escorted her to events.
Joel’s spokeswoman Claire Mercuri said, "Their decision to separate was absolutely unrelated to Yigal."
A friend of the couple has claimed that it was their age difference that eventually caused the split.
Joel, 60, and Lee, 27, married in October of 2004.