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  Russell Simmons To Pay $480000 Each Year

 
by Georgk.Kezze 2008-06-30 11:03:45 :: Posts:0

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Russell Simmons' estranged wife, Kimora Lee Simmons, is demanding $480,000 in child support as part of the couple's divorce settlement. In documents filed on Wednesday at Los Angeles Superior Court, the fashion model-turned-designer is asking for $20,000 per month for each of the couple's two daughters. The papers suggest Def Jam Records co-founder Simmons' should be expected to pay the huge sum each month until 2019 for Ming Lee, 8, and 2022 for Aoki, 5, according to TMZ.com. The couple wed in 1998 and split in 2006, citing irreconcilable differences. The pair are seeking joint physical and legal custody of their children. Both parties are also asking the court to deny spousal support for the other.


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