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1 Mar, 2009

Divorce settlement

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Kimora Lee Simmons is awarded $20,000/month until the age of 19 for each of the two children she had with Russell Simmons. She also wins sole legal and physical custody of the girls with monitored visitation for Simmons. Simmons also agrees to provide a new car, worth at least $60,000, for the children’s use, until they turn 16. The car will be replaced every three years.

Both sides reached this settlement amicably, and are looking forward to moving on with their lives.

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