"Since August 2010, we made a mutual decision to take time apart from our romantic relationship," she wrote. "Throughout this time we have continued to work together hand in hand, have remained close and have kept the details absolutely private until now."
However, Shakira, who called her romance with the investment banker "the most wonderful years of our lives" hinted that they could reconcile in the future.
"We view this period of separation as temporary and as a time of individual growth as we continue to be partners in our business and professional lives," she wrote. "Our friendship and understanding of one another is unwavering and indestructible."
Adds an insider, "There was no big drama, it's just one of those things where they had been together a long time and realized they were more friends and business partners than lovers. It's sad, but they could get back together. They just needed a break."
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