The judge also refused to permit either party to raise as an issue the alleged conduct of the other on the broad ground that it was irrelevant.
Ms Mills, who sacked her lawyer and represented herself in court, urged would-be divorcees to do the same thing.
You can be a litigant in person. It’s not easy, but just make sure you do all your research, save yourself a fortune,” she said.
Ms Mills made reference to the £35,000 a year their daughter would receive.
“Beatrice only gets £35,000 a year – so obviously she’s meant to travel B class while her father travels A class, but obviously I will pay for that.”
The settlement equated to £17,000 ($34,000) for every day of the couple’s marriage.
There was speculation why Sir Paul McCartney’s lawyer Fiona Shackleton left the court with her hair looking wet.
The BBC called Heather Mills who said Ms Shackleton had been “baptised in court”, but did not say whether she had thrown water at the lawyer.
A spokesman for Sir Paul McCartney said he would not be commenting on the settlement.
Sir Paul, 65, married the former model and charity campaigner Mills, 40, in 2002 but they split four years later, blaming media intrusion into their private lives.