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Kimora Lee Simmons Net Worth: Is She the Owner of Hello Kitty?

kimora lee simmons net worth

Kimora Lee Simmons is an American model, entrepreneur, and television reality star. She appeared as a judge on the first season of America’s Next Top Model alongside Tyra Banks. She has appeared in a variety of films and television series. In 2003, she also won a Tony Award for a Special Theatrical Event for her Broadway production of Def Poetry Jam.

In the Style Network reality series Kimora: Life in the Fab Lane, she displays her life as a successful businesswoman who balances her family and job. Additionally, she announced that she would repurchase the Baby Phat moniker in 2019. In addition, the new Baby Phat Beauty line she unveiled in August 2020 was curated by her children Ming Lee and Aoki Lee.

Early Life Of Kimora Lee Simmons

Kimora Lee Simmons Leissner (née Perkins), professionally known as Kimora Lee Simmons, was born on May 4, 1975, in St. Louis, Missouri. She has African-American, Korean, and Japanese ancestry. Her mother put her in a modeling class when she was 11 years old after she was mocked for her height (she was about 2 meters tall at age ten).

She earned a modeling contract with Chanel and was trained by Karl Lagerfeld, Chanel’s legendary designer. Kimora inspired Lagerfeld, who dubbed her the “Face of the 21st Century” and advocated for more racial inclusion in fashion. She later became a model for Fendi, Valentino, Emanuel Ungaro, Christian Dior, Roberto Cavalli, Kenzo, Anna Sui, and Yves Saint Laurent, among others.

The Career of Kimora Lee Simmons

Kimora began her career as a model at an early age, and she was a very successful one. She was so talented that Karl Lagerfeld taught her to close one of his biggest exhibitions in 1989. She then signed contracts with Yves Saint Laurent and Fendi.

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She aided Russell in the development of his Baby Phat brand and served as creative director and president of Phat Fashions. In addition, she launched her label, KLS, in 2007 and her own online clothes store, JustFab, in 2011.

How Much is Kimora Lee Simmons Worth?

Kimora Lee Simmons is a model, author, and fashion entrepreneur with a $200 million net worth according to Celebrity Net Worth. She first gained notoriety as the wife of hip-hop entrepreneur Russell Simmons. They separated in 2009.

Personal Life of Kimora Lee Simmons

Kimora and Russell Simmons were married in December 1998. They have two daughters: Ming Lee Simmons (born in 2000) and Aoki Lee Simmons (born in 2002). They split in 2006, and their divorce was formalized in 2009. She began dating actor Djimon Hounsou in the summer of 2008, gave birth to their son Kenzo Lee Hounsou in 2009, and the pair separated in 2012.

Kimora and Russell Simmons

Kimora wed Tim Leissner in February 2014, and in 2015, she gave birth to the couple’s son, Wolfe Lee Leissner. Leissner was a Goldman Sachs partner for many years. In the wake of the infamous 1MDB Malaysia corruption scandal, which cost the bank over $1 billion in fines and other expenses, he resigned from Goldman Sachs.

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In 2018, Leissner pled guilty to accusations of money laundering and agreed to disregard $43.7 million in earnings. Leissner allegedly assisted Jho Low in defrauding Malaysia of $4.5 billion between 2009 and 2014. Throughout the plan, Leissner and a partner made $200 million in fees.

Real Estate

In 2006, shortly after parting from Simmons, Kimora purchased a 13,000-square-foot Beverly Hills estate for $8.5 million. After purchasing a much larger Beverly Hills mansion years later, Kimora began renting out this property for up to $55,000 per month.

In 2014, shortly after their wedding, Kimora and Tim purchased a New York City condominium for $19 million. In 2017, they paid $25 million for a 20,000-square-foot, nearly 4-acre Beverly Hills mansion. Unfortunately, Tim and Kimora sold this property for $16 million in January 2021, a $9 million loss.

Conclusion

Kimora Lee Simmons is an American model, businesswoman, and reality television star. In the first season of America’s Next Top Model, she served as a judge with Tyra Banks. According to Celebrity Net Worth, Kimora Lee Simmons is a model, author, and fashion entrepreneur with a $200 million net worth.

Russell Simmons and Kimora Simmons were wed in December 1998. Ming Lee Simmons (born in 2000) and Aoki Lee Simmons are their two daughters (born in 2002). They separated in 2006 and finalized their divorce in 2009.

Frequently Asked Questions

What is Kimora Lee Simmons’ Net Worth?

Kimora Lee Simmons is a model, author, and fashion entrepreneur with $200 million.

Kimora Lee Simmons Has How Many Children?

The business magnate stood in the middle with her arms around her 7-year-old son, Wolfe, whom she shares with Tim Leissner. Lee Simmons is also the mother of daughters Aoki, 20, Ming, 22, and Kenzo, 13, with Russell Simmons and Djimon Hounsou, respectively. In 2020, Lee Simmons adopted her 12-year-old son, Gary, according to Us Magazine.

Is Kimora Lee Simmons the Owner of Hello Kitty?

Kimora Lee Simmons debuted a selection of limited-edition necklaces, rings, earrings, and a watch for the 10-month-old fine jewelry collection Kimora Lee Simmons for Hello Kitty last week.

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