Divorce pays off for Russell Simmons' kids

Filed under: Divorce & Custody, Celeb Kids, Life & Style, Celeb Parents

Often when a family splits up, the children suffer financially as well as emotionally. I can't speak for the emotional state of Ming Lee and Aoki Simmons, but their parent's divorce sure isn't hurting their little pocketbooks. According to an agreement filed in Los Angeles Superior Court, the daughters of music and fashion mogul Russell Simmons and his estranged wife Kimora Lee will each receive $20,000 per month in support payments until they reach the age of eighteen.

You may recall that the fabulous Ms. Lee filed for divorce earlier this year after nine years of marriage. In return for his hefty child support payments, Simmons will receive "reasonable child visitation ... accompanied at all times by the children's nanny and security personnel."

It's not like these girls aren't already living in the lap of luxury, but that additional $480,000 a year will allow them to line that lap in fur and trim it in gold.

Kimora Lee and Russell Simmons(click thumbnails to view gallery)

Kimora LeeRussell SimmonsThe Simmons Family JewelsMing Lee and AokiMing Lee and Aoki Simmons

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