Rap mogul Russell Simmons has agreed to pay $40,000 (£28,000) in child support a month to ex-wife Kimora Lee Simmons, according to court papers filed on Thursday (26Feb09).
Los Angeles Superior Court judge Marjorie Steinberg signed off on an agreement giving Kimora Lee Simmons sole custody of the couple's two daughters Ming, 9, and Aoki, 6.
The pair's 10-year marriage officially came to an end when their divorce was finalised last month (Jan09).
Simmons has been granted visitation rights and will pay child support for his daughters of $20,000 (£14,000) each per month until the girls turn 19, according to People.com.
Simmons has also agreed to provide a new car for the children to travel in, worth at least $60,000 (£42,000), until they turn 16, with the car replaced every three years.
Kimora Lee and her new boyfriend, actor Djimon Hounsou, are expecting their first child together. Def Jam co-founder Simmons has recently been linked to model Porschla Coleman.