Kanye West and Kim Kardashian settled their highly publicized divorce, agreeing to joint custody of their children. Kanye West agreed to pay Kim Kardashian $200,000 every month as part of their divorce deal.
According to TMZ, the sides reached a deal to avoid a divorce trial. Kanye West was required to pay $2.4 million in child support every year under the terms of the agreement.
‘On the first of every month, Ye must transfer $200,000 to Kim Kardashian’s account. The deal increased his financial commitments since he recently claimed he owed the IRS $50 million.
The former couple split their assets in accordance with the provisions of their prenup. They also agreed to forego spousal support.
Kim Kardashian and Kanye West decided to share custody of their four children. If any issues involving their children arise, the two will engage in mediation to resolve them. If neither of them participates in the mediation, the other will win by default.
In February 2021, Kim Kardashian filed for divorce. In 2014, she married Kanye West. She was married for the third time.
Kim Kardashian was declared legally unmarried earlier this year by a court during divorce proceedings. She began dating Pete Davidson after leaving ‘Ye, much to the anger of her ex-husband. Her marriage to the comedian apparently ended in August.
According to court records obtained by the BBC, the ex-couple will share expenditures such as security for North, Saint, Chi, and Psalm, as well as school tuition. According to the LA Times, the couple has shared custody.
The divorce papers also reveal a great deal about Kim and Kanye’s overall wealth, stating that they possess 19 unique properties in four different states, ranging from estates to offices, ranches and mansions, and even empty plots in California.