Kanye West To Pay Kim Kardashian $200k Per Month In Divorce Settlement

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Kanye West as well as Kim Kardashian have reached an agreement in their divorce following a long process of legal proceedings being held by courts over more than one year and an hour.

According to The TMZ, The former power couple settled the final issues regarding child custody, property and other concerns during the week in court. the settlement is now concluded.

In addition, Kanye has agreed to transfer to Kardashian $250,000 on the 1st day of each month to pay child support for the foreseeable future.

The couple has four children together, ranging from 9-year-old North up to their youngest child, Psalm who is just three. TMZ is also reporting that even though they legally signed the 50/50 split of their timeshare and the children will spend majority of their time in Calabasas with mommy Kim.

Kanye will be accountable for the payment of 50 percent of all tuition fees and education expenses for all four kids and will also be responsible for the security of 50 percent fund.

The two parties have already waived the spousal support clause in their prenuptial agreement. If there’s a dispute regarding the children, Kanye West and Kim Kardashian agreed to legal mediation . If the one of them doesn’t attend in the mediation, the other has all the power to make decisions.

The Chicago mogul earlier missed his deposition on November 16, which delayed the divorce proceedings, however, the deal was signed the evening of Monday (November 28) prior to his scheduled deposition, which was scheduled to take place on Tuesday (November 29).

Kanye went through six different lawyers throughout the year-long proceedings and finally reached a collective arrangement prior to the divorce hearing kicking off in the 14th of December.

The couple’s seven-year marriage was officially dissolution in March, as both parties were declared to be legally married. They got married with an extravagant wedding ceremony in Florence, Italy in 2014. The reality TV star was divorced from Kanye in February 2021.

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