family

Kimora Lee Simmons Is One Well-Paid Mother

by celebuzz on Jun. 27, 2008 04:32 PM / 8 Comments

It's a hit-or-miss month for celebrities seeking custody of their kids.

Kimora Lee Simmons, ex-wife of rap mogul Russell Simmons, has gained sole custody of their children, eight-year-old Ming and five year-old Aoki, according to People magazine.

Kimora, the 33-year-old CEO of the Baby Phat clothing line, will receive $20,000 per kid each month in child support, until the girls are 19. Big Russ is also required to buy or lease a car valued at no less than $60,000 every 24 months for Kimora to tote the tykes around.

At least he'll see his daughters sometimes. As in, one week out of every eight, with a bit more time for summer vacations and holidays.

Hmmm, apparently the $100 million in annual earnings Baby Phat rakes in isn't enough to make ends meet. Russell's gonna need a whole lotta yoga before he calms down over this.

Kimora, who's currently "kind of engaged" to actor Djimon Hounsou, filed for divorce in March. Hopefully, Russell will figure out something to do on the weeks he doesn't have Ming and Aoki.

Quotables /

“The "kind of engaged" (bitch, what does that mean?) Kimora Lee Simmons has gotten sole custody of her daughters - Ming, 8, and Aoki, 5. The Baby Phat CEO and pretty tranny lady is divorced from everything mogul Russell Simmons.

Russ will be able to see the kids one of out every eight weeks, and have extra time with them during summer vacations. He also has to pay $20K per month a kid, until they're 19/12. Weird age. Oh, and he has to pay for the (at least) $60,000 car that Kimora carts them around in.

I can't figure out whether she got his balls or he got off easy. Tranny bar hostess and Russ Russ were divorced in March after 10 years of marriage.

Oh, and she's "kind of engaged". Isn't that like being kind of dead?

Click any of the photos to view the entire gallery of photos.”

Socialite Life

“Kimora Lee Simmons is reportedly set to receive $480,000 per year for child support from ex-husband Russell Simmons.

According to TMZ, the court documents were filed in Los Angeles Superior Court on Tuesday, June 24, 2008 which indicate that the hip-hop mogul is required to pay $40,000 a month for his kiddies, Ming Lee and Aoki Lee.

Russell was granted visitation rights and Kimora will maintain sole custody for the kids. Unfortunately for Russell, Kimora hit the jackpot. She's able to keep their Saddle River home in New Jersey which he's required to maintain at $18,000 per month until Kimora sells it. He's also responsible for paying for a car for her every two years (no less than $60k).

Wow - that's a lot of cash! It sounds like she had a good lawyer.”

Gabby Babble

“Kimora Lee Simmons has reportedly hinted that she's getting hitched to her boyfriend Djimon Hounsou, after revealing they are "kind of" engaged. Her ex-hubby, music mogal Russell Simmons filed for divorce in March 2008 and now Kimora seems eager to move on.

According to People.com, when asked if she was engaged, she said:

"Kind of."

Then she wouldn't confirm if Djimon had given her a ring and said:

"Well, kind of...Not quite."

That's romantic isn't it? It sounds like she's not sure or probably just doesn't want to share this information with the entire world!”

Gabby Babble

Tell Us / Is the agreement fair?

Did Kimora Lee Simmons and Russell Simmons get what they each deserved?

Next Story / Amy Winehouse Knocks 'Em Back for Nelson

Also In Family /

Comments / 1-8 of 8

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thrudawire 1 yr 5 mos ago
Reply

WTF??? is that a joke
bawwow 1 yr 5 mos ago
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She towers over him. LOL. She really won this case!
barfbag 1 yr 5 mos ago
Reply

wow..... russell simmons really got scrwed
thepeephole 1 yr 5 mos ago
Reply

Kimora is probably dancing in joy right now. Those kids are set!
xoxojaniepie 1 yr 5 mos ago
Reply

those kids are gorgeous
daiska 1 yr 4 mos ago
Reply

her clothes are fabulous just like her new clothing line. fabulosity.
dackiea 9 mos ago
Reply

we dont really know wat the deal is so stop sayin that bullsh*t
reply 4 mos ago
Reply

anotrher black man getting f_CKED