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The wealthy former chairman of color giant Pantone, Larry Herbert, 88, is divorcing his society fixture wife, Michele, after 30 years.

Larry, who invented the world-renowned Pantone [Color] Matching System, has had “something of a late-life crisis” and has asked Michele, an attractive former dancer, actress and talk show host, for a divorce, multiple sources told Page Six.

The couple have been regulars on the social scenes of New York and Palm Beach, Fla., after Pantone sold to X-Rite Inc. for $180 million in 2007.

They shared a sprawling Park Avenue apartment and a lavish Palm Beach mansion.

One source told Page Six, “After 30 years of marriage, Larry suddenly told Michele that he wanted a divorce. She is devastated. He is keeping the Palm Beach mansion, and their Park Avenue apartment is on the market.”

The source added that the couple has a prenup, which “protects Larry’s millions very well, but isn’t so great for Michele.”

Michele is famed for spending Larry’s money on philanthropy and high fashion. At a 2015 Rita Hayworth Gala for Alzheimer’s research, Michele told the Waldorf Astoria crowd — including Yasmin Aga Khan and Brooke Shields — “I put my husband’s money where my mouth is.”

She has reportedly given hundreds of thousands of dollars to the organization and served as the gala’s chairman.

Michele also threw a lavish 80th birthday party for Larry at the Breakers, which was attended by the likes of Denise Rich, Ivana Trump and US Secretary of Commerce Wilbur Ross, and planned by Harriette Rose Katz.

When reached by phone, Michele confirmed the divorce and said, “Larry is being very kind and very generous.”

When asked about the reason for the divorce, she added, “I don’t know. We’ve been married a long time. The reasons are very personal and I can’t go into it.”

Larry is an alum of Hofstra University, which named its school of communication after him.

He has served on the boards of the New York City Ballet and the American Film Institute. He did not return calls Thursday night.