According to court documents filed in Los Angeles Superior Court, Hip Hop mogul Russell Simmons will have to dish out $480,000 in child support each year for his two daughters with ex-wife and CEO of Baby Phat Kimora Lee.

After nine years of marriage Simmons and Lee divorced earlier this year amidst a flurry of media coverage.

Court documents also show that not only is Lee seeking child support, but she also wants custody of their children, Ming Lee and Aoki stating, "reasonable child visitation ... accompanied at all times by the children's nanny and security personnel."

Simmons will continue to pay child support until his youngest daughter, Aoki, turns 18-years-old in 2022

Reported By Danielle Harling