Russell Simmons To Pay $480,000 A Year For Child Support
That works out to $20,000 a month.
Damn. Although this chick still holds the golden uterus title.
What makes some women's ovaries more valuable than others?
How do they spend that child support money? I need to know.
And when you find out, pass that info along to 50 Cent's child's mother, Shaniqua Tompkins because she's got the game all messed up. Help a sista out.
I fell out when I heard, too.
Hip-hop mogul Russell Simmons, 50, was ordered to pay $20,000 a month in child support for his two kids with estranged wife Kimora Lee, 33, according to documents obtained Wednesday by TMZ.com. That’s a total of $480,000 each year for kids who already live in a palatial $24 million estate in Saddle River, N.J. Their mom, a former model, is CEO of the Baby Phat fashion house.
The agreement, filed Tuesday in Los Angeles Superior Court, shows that until 2019, Russell Simmons will continue payments for Ming Lee, now 8, and, until 2022, for Aoki, now 5.
Kimora Lee, filed for divorce in March after nine years of marriage. She’s asking for primary custody of the girls and that Russell, 50, be granted “reasonable child visitation … accompanied at all times by the children’s nanny and security personnel.” [NY Daily News ]
