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UPDATE: Russell Simmons Responds To Rumors About Child Support

I am reading these stories today about how a judge ordered me to pay Kimora $40,000 a month in child support and I want to make something very clear…

CHECK OUT SIMMONS’ RESPONSE HERE!!!

Russell Simmons Will Pay Half A Million in Child Support a Year

Court records show Russell Simmons has agreed to pay $40,000 a month in child support.

Los Angeles Superior Court judge Marjorie Steinberg signed off on an agreement Thursday giving Kimora Lee Simmons sole custody of the couple’s two daughters, 9-year-old Ming and 6-year-old Aoki. The couple’s divorce was finalized in January. Kimora Lee Simmons filed for divorce in March 2008, citing irreconcilable differences.

Russell Simmons, the 51-year-old hip-hop mogul, was granted visitation rights and must pay child support until each daughter reaches 19 and a half years of age.

The 33-year-old Kimora Lee Simmons has final say on whether her daughters appear on her reality TV show “Kimora: Life in the Fab Lane.”

A call placed to Russell Simmons’ lawyer was forwarded to a recorded message declining to comment.