Simmons Kids Snag a Sh*t Load of Russell’s Cash

Our favorite almost-divorced couple is finally working out the kinks of their divorce settlement, and Kimora Lee Simmons is walking away with a phat wad of ex-hubby Russell‘s cash. Well, not Kimora exactly – their kids. Yep, each girl – Ming Lee, 8, and Aoki, 5 – will get $20,000 a month from their dad until they turn 18. That adds up to $480,000 a year for each kid – who already spend their lives living large in a $24 million mansion in New Jersey.

In case you forgot, the still amicable pair divorced after nine years of marriage. Kimora is now dating super-hot actor Djimon Hounsou, while Russ keeps busy doing yoga with model Porschla Coleman. [NYDN]

Thanks Daddy!

This entry was posted on Thursday, June 26th, 2008 at 10:35 am

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5 responses to to Simmons Kids Snag a Sh*t Load of Russell’s Cash

tonya marshall June 26, 2008 at 12:29 pm

Holy Cow ! why do those kids need all that money a month?! maybe Kimora can squeeze in a few vacations.

Babygirl~Pebbles June 26, 2008 at 5:23 pm

That adds up to $240,000.00 per a child for each year. Can you add? 20.000×12=240,00.00….$240,000.00×2=480,000.00. Get it together!!! The girls are RICH!!!!!!!!!!!!!!!!!!!!!!!

lil mama June 26, 2008 at 10:07 pm

yall kids got it made 200000 a month we wished we can get money liked that but we not rich like yall is lucky holllllllllllllllllllllaaa!!!!!!!!!!!!

Will August 22, 2009 at 9:38 am

Russell & Kimora are not about all the drama ,They realize it was not working so they divorce with out all the drama.I wish everybody can go out on top like them also they ‘re friends and that what it is all about,they still have each other back as friends due to the kids.Which made it all worth it.The are leaders and business people they didn’t have a nasty divorce,They carry it like it suppose to have been carry.She cool with his girl and he cool with her husband.That what real people do.Hey,Rush…I take my hat off to you…You Represent …How us men should carry ourself and Thank You for causing alot of talented people to dream again..God Bless and Have a good nite..

William August 22, 2009 at 9:42 am

Rush,Keep your head up …….