Russell Simmons Accuses Kimora Lee Of Stealing From Him To Bail Out New Husband

BYCaroline Fisher3.9K Views
Link Copied to Clipboard!
Russell Simmons - Tribute to Def Comedy Jam at the American Black Film Festival
Russell Simmons during Russell Simmons - Tribute to Def Comedy Jam at the American Black Film Festival at Lincoln Theatre in Miami Beach, FL, United States. (Photo by Rodrigo Varela/WireImage)
Simmons claims he "had no choice" but to sue.

During a recent interview with Graham Bensinger, Russell Simmons spoke on his lawsuit against his ex, Kimora Lee. According to him, the Baby Phat founder allegedly transferred his Celsius energy drink stock to herself to pay her current husband's bail. Her husband, Tim Leissner, was charged with conspiracy to commit money laundering and conspiracy to violate the Foreign Corrupt Practices Act in 2018.

“I must’ve been a sh*t partner, from what I hear,” Simmons began. “No. I was very generous and tried to be supportive. We were together 15 years, Kimora and I. And for eight years, we were married. And together for seven, before that," he continued, "And then, I was best friends with Kimora throughout the entire raising of my children.” Things were great between them for a while, however, the situation eventually took a turn for the worse. According to Simmons, anybody else would have also sued had they experienced what he allegedly did.

Russell Simmons Speaks On Lawsuit Against Kimora Lee

"So, I tried to be flexible, and accommodating, and supportive,” Simmons then described. “And sometimes, things don’t work out. You’ve seen the lawsuit. I had no choice. I think Jesus Christ, Lord Buddha, anybody would have sued. […] She gave what is now, today, based on the value of the stock, $800 million to the government illegally, and now I’m fighting to get my half of it back.” Kimora's legal team previously denied his allegations, clapping back with accusations of "harassment."

"Kimora and her children are shocked by the extortive harassment coming from her ex-husband, Russell Simmons, who has decided to sue her for shares and dividends of Celsius stock in which Kimora and Tim Leissner invested millions of dollars," their 2021 statement read. "This is an ill-advised attempt by Russell to use the legal system to access funds he is in no way entitled to, and which his own legal team confirms Russell did not pay for." What do you think of Russell Simmons' recent comments about his lawsuit against his ex, Kimora Lee? Share your thoughts in the comments section down below, and keep an eye on HNHH for more updates.

About The Author
Caroline Fisher is a News Writer at HotNewHipHop from Chicago, Illinois. She started at HNHH this year, and has since spent her time writing about all that is newsworthy in the world of hip-hop. With a drive for hunting down the hottest stories, she enjoys documenting new developments in culture and entertainment. She also has an appreciation for hip-hop and seeks to cover the most important trends and shifts. She has a Bachelor of Arts which she received at the University of Illinois at Chicago. Having graduated in 2022, she majored in English with a concentration in Media, Rhetoric and Cultural Studies. Specializing all things music, pop culture and entertainment, some of her favorite musical artists include Snoop Dogg, OutKast, and Nicki Minaj. When she’s not writing about music she’s also a fan of attending shows, watching the latest movies, staying up-to-date with current events, photography, and poetry.
...