All of his three marriages have ended in divorce. His first marriage was to Andrea Bertorelli. They met each other in a drama class in London. They have a son: Simon Collins. They also adopted a daughter, Joely Collins.

He met his second wife in 1980. He has one daughter with Jill. They got married in 1984 and got separated in 1996. Later, in 1999, Collins married Orianne. They have two sons. They announced their separation in 2006 and legally ended their relationship in 2008. In 2010, he stated that he has no intention of getting married again.

He said that he has paid 42 million dollars as alimony. Though he has no intentions of getting married, he is seen with his new girlfriend. Dana Tyler and Phil are seen in public, very often. He still says that he does not want to get married. He tags himself as ‘not a husband material’.

He sent a fax to Jill to inform the separation. This cost his 17 million Pounds. Orianne took 25 million pounds as settlement. He says he has a good relationship with all his ex-wives. All four often used to have dinner together.

The information about whether Dana was also present during these dinner sessions is unknown. He does not want to answer any question that relates to his future. He stated that he does not want to lose a few more millions from his nest.

He is currently in Switzerland. When asked about that, he said that he relocated for Orianne. He thought to get back to England, but, her father was dying of cancer and did not want to leave her alone. His children are also in Switzerland. All of them live in his old marital house and his new house is just down the road.

His first marital relationship ended because he was on the road, most of the time. She ran off with her secret boyfriend, his decorator. The reason for his second separation was his mother-in-law. He did not break up with her through Fax; he said. Andrea wanted to be with her mom and moved away from him with his children.

Orianne talked about the separation as said that they both had separate interests. There were no fights or arguments. They suddenly felt that it is better to be separated and they did it. The news about Dana came as a shock to her. She had no intentions of getting back to him but, she was surprised that he would start seeing someone so soon.

In an interview, he said that he is still in love with his ex-wives and that is the reason that he does not want to get married again. There are no details as how Dana took this interview. He said that Dana is a very sweet girl, but, he is not in the position to get married again. He just does not want to undergo another separation and lose a few millions.