Kimora Simmons: I Can’t Raise 2 Kids on $480,000 a Year!
If you’re wondering how much it costs to raise two young children in Los Angeles these days, it’s $480,000 a year, according to Kimora Simmons. And that’s even with Owning the clothing company she dresses the kids in!
According to documents in the Russell Simmons and Kimora Lee divorce case filed yesterday, the Def Jam records co-founder has to shell out $20k per month — per daughter — in child support to Kimora. And he’s gotta keep paying until 2019 for Ming Lee and 2022 for Aoki.
