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Thursday, June 26, 2008

Russell Simmons Ordered To Pay $40K Per Moth In Child Support

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By Cyrus Langhorne

Kimora Lee Simmons
divorce from hip-hop mogul Russell Simmons' is going to cost the Def Jam founder $480,000 a year in child support.

According to TMZ, Simmons will have to shell out a totalof $40,000 each month for his two daughters, Ming Lee and Aokiwith Kimora. Documents in the case specify how long he is expected to make thepayments.

"Child support in the amount of Twenty Thousand ($20,000)Dollars per month per child continues as to each child until a child isemancipated, reaches the age of nineteen and one half years (July 21, 2019 forMing Lee; February 16, 2022, for Aoki Lee), dies, marries, becomesself-supporting, is no longer residing with [Kimora Lee], joins the armed forces,is otherwise legally emancipated, or until further order of the Court,whichever occurs first," the paperwork reads.

With payments being due at the first of each month, thedocuments also require Simmons to be responsible for all travel expenses and alwaysaccompanied by a nanny and a pre-determined authority.

"When the children are in [Russell's] custody, they shall beaccompanied at all times by a nanny and security person to be named by[Kimora]," it states.

Lee received the upper hand in the case as she will maintainsole physical custody of both daughters while Russell may only be allowed tosee them during pre-arranged and scheduled times. This will give the formermodel the exclusive rights decide on the children's health, education, and welfareat any given moment.

Excluding school vacations and certain holidays likeFather's Day and his birthday, Russell will be given limited visitation times,being able to see them every two months.

"The children shall be with [Russell] every eighth week from Saturday at 9:00 a.m. until the following Saturday at 6:00 p.m."

Simmons joins the list of other famous hip-hop celebrities with high profile child support arrangements. http://www.sohh.com/articles/article.php/8945">Bad Boy president Diddycurrently pays $19,000 a month for one of his sons while

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