Kanye West To Pay $200k Monthly As Child Support After Divorce With Kim Kardashian
Kardashian filed for divorce from West in February 2021, citing irreconcilable differences after nearly seven years of marriage. The couple was married in a lavish wedding in Italy in 2014.
Since their split, they have been in the news over issues of property and custody of their children.
They were scheduled to appear in court on December 14 to resolve the issues.
However, court documents filed in Los Angeles superior court on Tuesday revealed that they have reached an agreement.
It was reported that the estranged couple, in separate documents filed through their attorneys, asked the judge to approve their agreed terms.
According to the divorce documents the celebrity couple will have joint physical and legal custody of their four children: North, 9, Saint, 6, Chicago, 4, and Psalm, 3.
Kanye West will be required to pay Kardashian $200,000 a month in child support. He will also be responsible for half of the children’s medical, educational, and security expenses.
He also forfeited the $4.5m home he bought across from Kim’s house last year after Kim filed for divorce, saying he bought the house in other to be close to his children. Kim will be responsible for all expenses related to the 5-bedroom home.
The settlements also state that he gets to keep his $60m Malibu home, two ranches in Wyoming, 300 acres in Calabasas, a home in Belgium and his childhood home which he bought in Chicago.
Both Kardashian and West waived spousal support.
The pair also agreed to settle disputes regarding the children by participating in mediation. However, if either party fails to take part, the other is allowed to make the decision in a dispute by default.
The couple’s assets, including their property, will be divided based on their prenup.