Kimora Lee Simmons got custody of her and Russell Simmons two daughters, Ming (9) and Aoki (6) on Thursday. Russell was also ordered to pay $40,000 a month in child support.

A judge also ruled on Thursday that Kimora, who has her own reality show Kimora: Life in the Fab Lane, ultimately decides whether or not to put her Ming or Aoki on her reality show. Sounds a lot like Denise Richards.

Kimora has a successful clothing line, modeling career, a reality show, and she’s already a multimillionaire. If she doesn’t NEED the money, then why does Russell still have to pay child support? Wasn’t child support established to help kids when money was "needed" to raise them?

We know Russell isn’t too happy with the custody arrangement since he asked for joint custody. Too bad dads are second class citizens in our very sexist society.

Kimora Lee Simmons is pregnant with her third child. The daddy is boyfriend Djimon Hounsou, who will be a father for the first time. Hounsou said in an interview:

"My first impression has always been the same, that she’s a very beautiful lady, very capable and intelligent and smart with great family values. She’s the least high-maintenance lady I’ve ever dated."

That’s because Kimora already got a big chunk of money from her ex husband Russell Simmons, who fathered her first two daughters Ming and Aoki.

Last year Kimora told Harper’s Bazaar:

"I have a lot of hang-ups in life with men. I’m not very trusting. After my breakup, I thought, ’I don’t need anything.’"

This is not going to go well for Hounsou. He has no idea what he’s in for.

Kimora Lee Simmons (33) has won sole custody of her two daughters with hip-hop mogul Russell Simmons (50), Ming (8), and Aoki (5).

According to legal papers obtained by The Insider, Russell Simmons gets the girls one week out of every eight, plus extra time for summer vacations and holidays.

In addition, he pays $20,000 per child per month in child support. That cash flow stops when each reaches the age of 19 1/2, or until the daughter is emancipated, married, becomes self-supporting, joins the armed forces or stops living with Kimora Lee Simmons.

Finally, he’s required to buy or lease a car valued at $60,000 or more for the girls once every 24 months.

Simmons released this statement to set the record straight after the custody order was finalized:

"Friends of mine have forwarded me gossip online about my custody agreement details with Kimora. The fact is, we’ve had a pretty good partnership at sharing the girls in the past. There have been a few bumps in the road, and those bumps have led us to negotiate a minimum amount of time I’m guaranteed to see my kids. That deal is as follows: I have the girls one full week out of every eight, half of the summer, half of all the holidays, a full week at Christmas, and half of Spring Break. Like in all good partnerships, contracts are meant to protect the partners but are usually not the only way the partners work together. If I show up in L.A., where she now lives, unannounced, I can call up Kimora and she will most likely send them right over. The same goes for when she comes to New York. We have always had a school in New York and a school with the same curriculum in L.A., so when the girls are with me in New York, we can spend quality time together. I can get up with them, take them to school and just be together.

Kimora consults with me about doctors or schools for the girls, but she’s always had final say in those areas. If we had an argument about a school, guess who’s going to win? But there are other stipulations in our agreement where we have to make final decisions together. Anything having to do with business decisions pertaining to my kids cannot be done without my consent.

I’ve also seen a lot about people reading into the supervised visits stipulation. Kimora travels with a security guard and a nanny. In the past, she’s gotten really nervous that I never travel with security, so if it makes her more comfortable to have her security and a nanny with us when I’m with my kids, that’s OK with me.

Finally, I want to say Kimora is a excellent mother and is doing a great job with them. My kids are studying a couple of foreign languages, they travel around the world, they practice yoga, ballet, swimming, karate and piano, among other things…sometimes I think they do too much, but I trust in Kimora on this because she IS a good mother. Regarding the money, my kids live a tremendous life. They do have lots of security, nannies, educators, special programs, travel, chefs, on and on. Their mother manages all of those luxuries and I’m happy to provide for that.

With great love all things are possible.

-Russell Simmons"

For Russell and his daughters’ sake I hope the custody agreement lives up to his expectations.

Kimora Lee Simmons (32) is denying reports that she and her boyfriend, actor Djimon Hounsou (43), are expecting a baby. Celebrity pregnancies are tough until a bump starts showing up, because so many deny their pregnancy until they show, then try to cash in on the controversy and publicity.

A source says Kimora Lee Simmons is pregnant with her lover’s baby, Djimon Hounsou. Simmons already has two children, Ming and Aoki, by ex-husband Russell Simmons.