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Russell Simmons' Divorce Settlement 

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

 

Russell will get to spend time with his daughters for one week out of every 8 weeks, with extra time during summer vacations and holidays. But just one week? Doesn't seem like he'll get to be very involved with his daughters' lives at that rate...

 

He'll also pay $20,000 per month in child support for each child. This payment will stop when the girls reach 19 1/2 or become emancipated, married, self-supporting, join the armed forces, or stop living with Kimora.

 

Finally, 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 two years. Really? $60,000? So a $40,000 car won't do it?

 

Kimora, 33, cited irreconcilable differences when she filed for divorce from Russell, 50, in March after nearly 10 years of marriage.

 

Kimora’s new boyfriend (some say fiance) is actor Djimon Honsou.

by Jane-Louise-Boursaw  200 Posts 
Posted on 6/29/2008 9:41 PM
Sent to Friendsend to friend
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Tags: Russell Simmons , Kimora Lee Simmons , celebrity divorces
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