Kimora Lee Simmons is a $80 million net-worth American model, author, and fashion entrepreneur. Kimora Lee Simmons rose to prominence as the wife of Hip Hop entrepreneur Russell Simmons. They met in the early 1990s when she was a sophomore in high school and he was 35. They married in 1998, divorced in 2009, and separated in 2006.
Who is Kimora Lee Simmons?
Kimora Lee Simmons, better known as Kimora Lee Simmons, was born on May 4, 1975, in St. Louis, Missouri. She has African-American, Korean, and Japanese ancestors.
Her mother put her in a modeling class when she was eleven years old because she was taunted about her height (she was about 6 feet tall at the age of ten). She earned a modeling contract with Chanel and was coached by Karl Lagerfeld, the legendary Chanel designer. Lagerfeld was inspired by Kimora, dubbed the “Face of the 21st Century,” and advocated for greater racial inclusion in fashion. She went on to model for Fendi, Valentino, Emanuel Ungaro, Christian Dior, Roberto Cavalli, Kenzo, Anna Sui, and Yves Saint Laurent, among others.
How much does Kimora Lee Simmons make per year?
Lee’s actual annual salary is not known. However, she is estimated to be worth about $80 million.
What investments does Kimora Lee Simmons have?
Aside from her acting career, Kimora is also actively involved in real estate investments.
Kimora paid $8.5 million for a 13,000-square-foot Beverly Hills property shortly after her divorce from Simmons in 2006.
Years later, after purchasing a much larger Beverly Hills estate, Kimora began renting it out for up to $55,000 per month. Kimora sold this home for $16.5 million in July 2023.
How many Endorsement deals does Kimora Lee Simmons have?
The renowned actress has endorsement deals with a couple of brands and companies
Kimora has worked with renowned modeling agencies such as Chanel and Karl Lagerfeld during her career.
How many Philanthropy works has Kimora Lee Simmons supported?
Kimora is heavily involved in humanitarian endeavors, including children’s education and animal rights.
Similarly, she has made major philanthropic contributions to Africa, particularly in the areas of education and healthcare for underserved people.
How many businesses does Kimora Lee Simmons own?
Kimora has experimented with a variety of business initiatives, including a beauty product line, fragrances, and even a reality TV show
Russell Simmons, Kimora’s spouse at the time, was the head of urban menswear brand Phat Farm in 1998. He launched a women’s line called Baby Phat by Kimora Lee Simmons, which was distributed through Phat Fashions.
Kimora took on the role of Baby Phat’s designer, designing outfits based on what she would like to wear. In 2000, she was named President and Creative Director of the brand. In 2001, Baby Phat earned $30 million in gross revenue, and by 2002, the Phat Farm and Baby Phat brands had combined profits of $265 million. Phat Fashions was purchased by The Kellwood Company for $140 million in 2004, but Kimora remained as President and Creative Director.
She oversaw the brand’s expansion into a wide range of products, including jeans, accessories, jewelry, swimwear, and fragrance lines. She was appointed President of Phat Fashions in 2006 and departed the company in 2010.
Despite her departure from the corporation, she retained control of all licensing rights for her fragrance and cosmetics collections. “Baby Phat Goddess” (2005), “Golden Goddess,” “Seductive Goddess,” “Baby Phat Fabulosity,” “Luv Me,” and “Baby Phat Dare Me” are among the perfumes. They were sold in department stores such as Sears and Macy’s across the United States. In 2019, she revealed that she had repurchased Baby Phat.
Kimora also founded the Simmons Jewellery Company, which sold jewelry under the Phat Farm and Baby Phat names. She also collaborated with Sanrio Ltd. In 2006, she launched the “Kimora Lee Simmons for Hello Kitty” collection, which was available at Neiman Marcus.
In 2008, Zales Corporation produced another Hello Kitty collection. She also collaborated with Sephora and Macy’s to develop her own cosmetics line, KLS Cosmetics, in 2006.
She maintained her partnership with Macy’s, establishing her KLS fashion collection with the department store in 2010, as well as the Macy’s-exclusive Kouture by Kimora brand. Kimora collaborated with Swiss skincare manufacturer Makari deSuisse in 2011 to produce an anti-aging skincare product aimed at multi-ethnic women.
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