Kimora Lee Simmons & Russell Simmons’ divorce settlement.

Posted on June 29, 2008

Kimora Lee Simmons, Russell Simmons, Ming Simmons, Aoki Simmons.

Kimora Lee Simmons, the ex-wife of Russell Simmons, won sole custody of her daughters, Ming, 8, and Aoki, 5.

Russell Simmons will get to spend time with his daughters for 1 week out of every 8 weeks. He gets extra time during the summer vacations and holidays. Russell will pay $20,000 for each child for their child support. This payment will stop when the girls reach nineteen and a half, or when a daughter gets freedom, marries, becomes financially independent, joins the Armed Forces, or stops living with Kimora Lee Simmons.

Russell has to provide transportation for the girls. He has to buy or lease a car valued at a minimum of $60,000, once every 2 years.

Kimora cited irreconcilable differences when she filed for divorce from Russell Simmons. Kimora’s new boyfriend is Djimon Honsou.

Source: People.

      

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Posted by: ann

3 comments

Comments

1. gerard Vandenberg on 6-29-2008

   Looking at her smile SHE WON!!

   Like or Dislike: 0  0

2. Nikki on 7-17-2008

   She almost makes as much as he do. I think she just wants him to suffer for her pain. I believe that Russell would’ve taken care of his girls no matter what. The $60,000 car is a little extreme. Kimora should know that she doesn’t have to drop to his level and play dirty. The greastest revenge is success.

   Like or Dislike: 0  0

3. Amber on 9-18-2008

   The settlement is very reasonable and not excessive at all. Keep in mind that Kimora has physical custody and the non custodial parent always has to pay child support, and child support is based on that parent’s income. The $60,000 car is not excessive either. The kids are accustomed to card more expensive then that and Kimora can certainly affordd more. She is not suing for alimony, or alot of other elaborarte things so this is very reasonable.

   Like or Dislike: 0  0

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