Rapper Kanye West, also known as “Ye,” reportedly reached a divorce settlement with ex-wife Kim Kardashian this week in which he will have to pay her hundreds of thousands of dollars per month despite her already being a billionaire.
The two parties have resolved the child custody situation and other property-related matters, TMZ reported.
“Kim and Kanye will get joint custody with ‘equal access’ to their 4 children,” the report said. “Although the docs say equal access, sources with direct knowledge tell us Kim will have the kids the lion’s share of the time. Even Kanye has acknowledged Kim already has the kids 80% of the time.”
“Kanye will pay Kim $200,000 a month in child support. Our sources say Kanye’s not footing the full bill for child support — that’s just his share,” it added. “In addition, he’s responsible for 50% of their kids’ educational expenses, including tuition. He’s also responsible for 50% of their children’s security expenses.”
The report said that conflicts involving the children will be resolved through mediation and that if one side fails to participate then the other effectively gets to do what they want.
The report said that the couple’s assets were being divided up in accordance with their prenup and that both parties waived spousal support.
West reportedly agreed to give up the $4.5 million home that he bought next to Kardashian after she filed for divorce as part of the settlement, a separate report from TMZ said.
West and Kardashian have both been in the news recently for matters unrelated to their relationship and divorce.
West has repeatedly launched anti-Semitic tirades in recent months, blaming Jews for career problems and claiming that approximately 300 Zionists have “taken over” America. West has since developed ties to a white supremacist and Holocaust denier. He stormed out of an interview this week when he received mild pushback over his views.
Kardashian has been in the news due to her close ties with the fashion company Balenciaga, which has been accused of sexualizing young children following a photo shoot that featured child models posing with BDSM-themed teddy bears.
“I have been quiet for the past few days, not because I haven’t been disgusted and outraged by the recent Balenciaga campaigns, but because I wanted an opportunity to speak to their team to understand for myself how this could have happened,” Kardashian said in a statement. “As a mother of four, I have been shaken by the disturbing images. The safety of children must be held with the highest regard and any attempts to normalize child abuse of any kind should have no place in our society — period.”
“I appreciate Balenciaga’s removal of the campaigns and apology. In speaking with them, I believe they understand the seriousness of the issue and will take the necessary measures for this to never happen again,” Kardashian continued. “As for my future with Balenciaga, I am currently re-evaluating my relationship with the brand, basing it off their willingness to accept accountability for something that should have never happened to begin with — & the actions I am expecting to see them take to protect children.”