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Home»Net Worth»Kimora Lee Simmons Net Worth: Let’s Explore Baby Phat Owner Luxurious Life!
Net Worth

Kimora Lee Simmons Net Worth: Let’s Explore Baby Phat Owner Luxurious Life!

MaryBy MaryAugust 27, 2022Updated:August 27, 2022No Comments3 Mins Read
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Known primarily for her marriage to hip-hop mogul Russell Simmons, Kimora Lee Leissner is an American fashion entrepreneur, model, and novelist. Kimora Lee Simmons’ net worth is estimated to be $200 million as of 2022.

Kimora Simmons Professionally, Leissner On May 4, 1975, in St. Louis, Missouri, Kimora Lee Simmons was born. When she was 11 years old, her mother enrolled her in a modeling class since she had been bullied for her height (6 feet at the age of 10).

Kimora Lee Simmons’s Early Life

Kimora Lee Simmons Leisner, also known as Kimora Lee Simmons, was born in St. Louis, Missouri, on May 4, 1975. Her ancestry includes African Americans, Koreans, and Japanese. After she was made fun of for her height when she was 11 years old, her mother enrolled her in a modeling program (she was about 2 meters tall at age ten).

kimora lee simmons net worth

Related: Jennifer Flavin Net Worth 2022: A Real-Time Update on Richer Life!

Kimora Lee Simmons Net Worth

American model, author, and fashion entrepreneur Kimora Lee Simmons has a $200 million fortune. She rose to fame primarily as a result of her marriage to hip-hop mogul Russell Simmons. 2009 saw their divorce.

Kimora Lee Simmons’ Career

Kimora started working as a model at a young age and was quite successful. She was so gifted that Karl Lagerfeld gave her a lesson in 1989 on how to close one of his biggest exhibitions. She subsequently signed contracts with Fendi and Yves Saint Laurent.

kimora lee simmons net worth

Related: Dave Mustaine Net Worth: How Income Changed His Lifestyle in Years!

She served as the creative director and president of Phat Fashions, and she helped Russell establish his Baby Phat brand. She also opened her own online clothing business, JustFab, in 2011, as well as her own label, KLS, in 2007.

Personal Life

In December 1998, Kimora wed Russell Simmons. Ming Lee Simmons (born in 2000) and Aoki Lee Simmons, their two children, were born to them together (born in 2002). Their divorce was finally formalized in 2009 after divorced in 2006. She started dating actor Djimon Hounsou in the summer of 2008. They got married in 2011 and had a son together, Kenzo Lee Hounsou, in 2009.

In February 2014, Kimora wed Tim Leissner, and in 2015, their son Wolfe Lee Leissner was born. For many years, Leissner worked as a partner at Goldman Sachs. Following the notorious 1MDB Malaysia corruption scandal, which cost Goldman more than $1 billion in fines and other expenses, he left the bank.

kimora lee simmons net worth

Related: Morgan Wallen Net Worth: How Wealthy Is This Celebrity? Luxury Lifestyle!

In 2018, Leissner admitted guilt to allegations of money laundering and agreed to exclude $43.7 million in earnings. Leissner is accused of assisting conman Jho Low in defrauding Malaysia of $4.5 billion between 2009 and 2014. Leissner and a partner received $200 million in fees from the plan along the way.

Real Estate

Kimora spent $8.5 million on a 13,000 square-foot Beverly Hills property in 2006, not long after splitting up with Simmons. Years later, Kimora started renting this house out for as much as $55,000 per month after purchasing a new, far larger Beverly Hills residence.

Soon after being married, Kimora and Tim spent $19 million on a New York City condominium in 2014. They spent $25 million on a 20,000-square-foot property in Beverly Hills that sits on over 4 acres in 2017. Unfortunately, Tim and Kimora sold this property for $16 million in January 2021, a $9 million loss.

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Meet Mary, the innovative and driven Editor-in-Chief of Techstry. With a decade of experience in the tech industry, Mary is a true expert in her field. As a leader at Techstry, she is dedicated to curating engaging and accurate content for her readers. In addition to her professional responsibilities, Mary is also dedicated to staying up-to-date on the latest trends and developments in the tech world.

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