RUSSELL SIMMONS TO PAY OUT THE NOSE

russell-simmons-and-kimora-lee

Russell Simmons has agreed to pay $40 000 a month in child support.

According to court records, L.A. Superior Court judge Marjorie Steinberg signed off on an agreement yesterday (February 26) giving Kimora Lee sole custody of the couple’s two daughters, 9-year-old Ming and 6-year-old Aoki.

The 51-year-old hip-hop mogul was granted visitation rights and must pay child support until each daughter reaches 19 and a half years of age.

That comes out to about $4 320 000 by the end of it all.

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5 Comments

  1. JC
    February-27-2009 @ 9:53 am

    That’s pocket-change for Simmons. And she is the sole custodian of their two kids, so that’s actually not that much considering her lifesytle. Russell Simmons made out well. Guess he had a solid pre-nup.

  2. parissucksliterally
    February-27-2009 @ 10:39 am

    I have to say she looked great with her hair that way, and I can’t stand this lady.

  3. Sushi
    February-27-2009 @ 1:03 pm

    Kimora Cunt will probably spend 90% of that on herself. boy I bet he rue’s the day he hooked up with that money-ho.

  4. hotbitch
    February-27-2009 @ 3:17 pm

    I wonder what really went down behind the scenes to make Kimora distrust Russell with their kids. He only has visitiation every 8 weeks and even then it is under the supervision of a nanny and bodyguard. And she got sole legal and physical custody; it’s like he doesn’t even want them. But man is that a lot of fucking money!

  5. mMm
    February-27-2009 @ 3:32 pm

    Damn. We all need to have a kid by him. $20, 000 a month per kid. Screw the economy! We just need to screw BDR!!

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