Russell Simmons’ daughters are sitting pretty.
Each of the hip-hop mogul’s two girls with estranged wife Kimora Lee is set to receive $20,000 a month in child support, 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, 33, 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.
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