We’re only about ten weeks away from Kim Kardashian and Kanye West’s Paris wedding, if the reports are to be believed. Allegedly, they’re getting hitched in late May and it will be smaller than expected, but I believe Kanye will still try to making it the Greatest Wedding Ever. But, in the meantime, Kim and Yeezington are still sorting out some stuff. Stuff like a prenup. According to Radar, Kanye didn’t even want a prenup and Kim did, probably because Kim’s father was one of the most famed attorneys in America and Kim has always been surprisingly smart about legal and financial stuff. I’d also be willing to believe that the Kardashian/Jenner family still has close family ties to many of the best lawyers in LA.
Kim Kardashian and Kanye West are busy preparing for their May wedding in Paris and RadarOnline.com has learned exclusively that their prenuptial agreement is in the final stages and Kim will get $1 million for every year she stays married to the Yeezus singer.
Sources tell Radar, “The entire process for the prenup for Kim and Kanye has been extremely easy, and relatively drama free. Kanye didn’t even think the couple needed a prenup, and was ready to give Kim carte blanche to all of his financial assets. Yes, he loves Kim that much. There is a huge difference from Kim’s prenup with Kris Humphries… the preparation of their agreement went on for several months. It was long and tedious.”
Among the prenup details, for every year Kim is married to Kanye, she will get $1 million, capped at $10 million, the title of their Bel Air mansion will be in Kim’s name, even though Kanye is footing a majority of the bill, and the sex tape star will keep all jewelry and gifts given to her by Kanye.
Money she earns from Keeping Up With The Kardashian‘s, the Kardashian clothing line, and promotional appearances, will be considered her separate and sole income.
One of Kanye’s life insurance policies valued at $20 million will name Kim as the beneficiary, for life, even in the event of a divorce.
There are NO clauses in the agreement concerning custody arrangements of their daughter, North.
According to reports, Yeezus is worth $100 million, and Kim’s is worth $40 million.
“The couple is focused on the wedding and looking forward to spending the rest of their lives together. Kim is head over heels in love with Kanye, and knows this is forever. Despite having been married twice before, Kim is treating this wedding as her one and only,” the insider added.
I think this is perfectly fine. For who they are – two multi-millionaires with mostly separate assets – this sounds pretty reasonable. I even think Kanye is being generous with Kim by keeping the Bel Air home in her name and designating a life insurance policy to her regardless of divorce. Sounds reasonable considering the young age of their child, and $1 million a year capped at $10 million? Sounds good. But maybe that’s just me – I think Yeezington and Kim belong together. I really do. I don’t think either of them is the victim, nor do I think one is putting it over on the other. They’re going into this with their eyes wide open and the only thing that surprises me is how little drama there is about money.
Photos courtesy of WENN, Fame/Flynet.
Her eyes are scary.
I noticed that too… As soon as I could tear my eyes away from those unfortunate pants. She could give Jon Hamm a run for his money in those pants.
THANK YOU. I thought I was the only one who was WTF about that.
In that top picture, her entire face is scary. Seriously, it looks like it belongs on a surgery-gone-wrong website.
And since she’ll be getting paid per year, I wonder if she had it prorated, in case it doesn’t last an entire year.
Agree about her face – it’s a disaster but I think she thinks the blue steel look will get us to take her more seriously.
Hahaha – can’t imagine she even knows what prorated means
I’m so glad they are getting married on the 24th, and not the 25th. I don’t need my birthday tainted this way haha.
That being said, I think this agreement was incredibly smart of them. I think for the most part they really do seem to have an alright relationship. Much better than the Humphries one.
Lol, mine is the 24th! Forever tainted :(. Lol.
The prenup is whatever, Kanye talks like he could lay down his life for Kimmy as she’s the most beautiful person to walk this earth so him giving her all this money & assets is reasonable.
It’s weird that she looks more and more like her mom, but not because of genetics but because of plastic surgery.
Why’d she get her cheeks done?
Her mirror talks to her and it’s crazy.
Sounds reasonable. Also, pre-nup or no pre-nup after ten years of marriage I believe that all income made after the marriage has to be split 50/50 between the couple in California (why Tom Cruise divorced Nicole just days before their tenth anniversary)…so if they stick it out for the long haul but divorce after ten years both will still come out fine.
So she is named a beneficiary for 20 million life insurance even if she and Kayne divorce. Then one million for every year they are married that is on top of child support for North. Sounds very reasonable and adult, but the cynic in me is wondering if PMK may have also had Kim talk to Kayne about changing his will? That is where Kim would get the big payoff and PMK her cut.
Also is this the first time that it has been mentioned Kim is “head over heels” in love with Kayne? Usually it is always said the other way when stories about these two come out. I see PMK’s hoof prints all over this story.
That’s a scary face. It’s looks so weird and strange almost alien like.
I never thought much of Kim but I did think she had a beautiful face. Then she decided to pay to mess that up. Yes, she is now crossing over to alien territory.
lol sounds ok ? She is wealthy herself why does she need MORE? It makes her out to be the ultimate gold digger — she has money and is always digging for more. I could see this is she was broke, had never worked, etc.
40 million, him footing the bills, getting gratis every time we turn around isn’t enough? I fail to understand why this is ok yet everything Kate M does is so horrid. Everything..she even smiles wrong, puts on too much eyeliner and it’s a full page spread on what a terrible person she is.
You do realize that she is arguing for less w/ the prenup. Without it, all of Kanye’s assets and hers would have been fair game in a divorce at a rate of 50/50 per California law. I find it great that she isn’t just rushing into this thing without a plan for dissolution because when divorce happens, assets are what usually brings out the worst in most people. As to her making him foot the bill/her keeping the money, go Kim! I’m perfectly fine with any woman making the condescending patriarchy work to their benefit.
What about HER life insurance money? Is Kanye the beneficiary? It should go both ways. Also, Kim does what PMK tells her to. Her mom told her to get a pre-nup because it would benefit her and to protect her assets. Kim has to have a pre-nup because she shares companies with her sisters. If there is no pre-nup and they get divorced, Kanye could go after those companies.
@IDK: she actually stood to make more without a pre-nup. Even with their business ventures, he is worth more. Can you be a gold digger with $40 million on your own? And before others chime in, despite all the hate, she continues to earn a considerable income. Child custody arrangements aren’t typically handled in a pre-nup as well.
Can’t really snark on this. If she wanted the $$$, she could get it easily.
@ TootsMcGilacutty
Before Kim’s marriage to Kris, there was an episode of their show where Khloe and her mom talked about why Kim needed to get a pre-nup. It was to protect their businesses. In case of divorce, the ex could go after any business Kim had with her sisters. I never said she was a gold digger, I said she is getting a pre-nup to protect her family businesses. It’s pretty much required when you own things with other people, so your ex can’t get his hands on anything when you divorce. Where was the “snark” in my comment?
So many seem to think a marriage is carte blanche to get half of whatever your spouse owns but it does not work like that. Also a pre-nup is a smart decision for both of them for business reasons, they both have contracts involving other parties and need to avoid any spousal complications.
So basically this is a business arrangement. A prenup is supposed to protect assets already realized not for a greedy woman to try to make bank. I mean why does Kim deserve anything? She is not giving up anything to be with him. It is one thing if you give up your career to raise the kids you have together or to help further your spouses career but this whore is doing neither. So why is she entitled to $1Million each year she stays married to him and an insane life insurance policy? I hope Kanye demanded the same from her. Shouldn’t she be required to put an astronomical life insurance policy on herself? I would like to see one man not let these women pull one over on him. It might make these Kartrashian women worry a bit if they were walking targets.
She’s getting a lot less than she would without a prenup. He’s worth $100 million, and she would get half. I can’t stand her, but I think what she asked for is reasonable under the circumstances, except I don’t really understand why she should get that life insurance if he dies 20 years after they divorce. Which you know they will.
What if Kanye divorces her and re-marries. This would suck for his new wife and other kids. This makes no sense.
If Kanye divorces her and remarries, he’ll take out an additional life insurance policy. The phrasing here suggests that he already has more than one.
I still don’t get why he should pay her $1 million for every year they were married. I understand a prenup to say ‘If we split I keep what’s mine,’ but not ‘If we split you have to pay me for being with you.’
It’s hard for me to care about either one of them. That said, older couples with assets should always get pre-nups.
In that red dress she looks like a wax figure.
I’m trying to root for them, also I’m one of those people who watch Keeping up w/the Kardashians and I’m done, I fast forwarded through just about all of yesterdays show and I’m over it. I must admit, if they showed North I would continue to watch. I try never to say mean things in comments but in my opinion Kim’s face and butt are distracting on the show. A young woman in her thirties doesn’t need to have plastic surgery and I wish it would stop.
I think Kim wants the world to believe she is “head over heels” in love with Kanye but I don’t believe one word of it. I think Kim is like Kris and loves only herself and is incapable of feeling any real love for anyone but herself and money. I do believe that if someone, say a billionaire came along and wanted her, she would leave Kanye and North without any emotion and just call it a brave thing to do. I think he is in love with her but will before too long see the real Kim and not the Kim who was fun to cheat with on their respective partners. Kim is just waiting for the crown and the wedding and then watch out She will make a bigger fool of Kanye (if that is even possible) and teach him what absolutely miserable means. And I for one can’t wait!
I agree Dawn – after the last marriage fiasco I think she didn’t see a lot of options. Her reputation was at its lowest and she couldn’t attract anyone rich enough. God knows she can’t be alone for five seconds so she finally lowered herself to take on Kanye. She knew he wanted her, was/is rich/famous enough to keep in designer everything, will worship her and cost her nothing. And she considered him an in to the A-list for her. North’s birth ensured he would propose and even though she must know about the rumours about Kanye and Tisci and with PMK seeing dollar signs, she thought it was a no-brainer. IMO She sees this as a business decision. Loving him is the furthest thing from her mind!
I still think she looks pretty in that red dress. More like her pre-Kanye self.
I can’t blame the guy if he wants a crazy over-the-top wedding. He’s never been married before, correct? He’s generally way out there anyway.
I don’t know. I have nothing else to say about them. *yawn*
The gold digger gods must be so proud of lil Kimmie. Raise your shovels!
PMK is making her get a pre-nup because of the companies they all share. It’s not because her “lack of greed” it’s because her mom and sisters need their shared assets protected in case of divorce. If Kanye is jilted enough, he could go after their companies (if there is no pre-nup).
No one else bothered that there’s no talk of any provision for children in the prenup? I guess they covered what matters to them, huh?
Well who knows, Kim may be open to giving Kanye full custody depending on how North is as she gets older. PMK will be able to tell if North will be easy to brainwash and manipulate or if she’ll be strong-minded and less controllable.
I think it’s more likely that they already have a child custody agreement in place.
Yes I’m certain arrangements were made before the baby’s birth, it would only make sense given their unmarried status at the time.
I know pre-nups make sense legally and financially, but philosophically I disagree with them. I haven’t been divorced (yet, knock on wood), but my understanding of our property is that, “community property” that would be split 50/50 in a divorce is all property acquired DURING THE MARRIAGE (not counting money that is inherited or gifted to only one spouse specifically). Property that we brought into the marriage remains separate property, not community.
Someone can correct me if I’m wrong. But given that’s my understanding, I disagree with pre-nups. People always pay lip to service to the fact that stay at home moms (or dads) are doing a valuable job raising the kids, providing support to enable the working spouse to succeed, etc. Well if that’s true, then shouldn’t both spouses split the working spouse’s earning 50/50? Again, this is only earnings DURING THE MARRIAGE, not wealth that was owned separately before the marriage. Otherwise, the non-working or lesser-earning spouse loses out, and why should that be considered “fair”?
Pre-nupa come in handy for a number of reasons. For all we know, Kris Jenner may have her children’s names on her own house docs and other ownership docs for the simple purpose of estate planning ( to dodge inheritance tax after she passes). Now if you don’t have a pre-nup and say Kim is named as one of the owners of her mom’s production company or house, then the ex-husband can go after half of everything that is in Kim’s name. Not only what her mom owns but what her siblings own as well (s they all share in the business). For the sake of her mom and siblings, it makes sense for her to get a pre-nup (as they co-own so many things together).
There are actually prenups that can be written to protect the interests of a stay at home spouse. Typically, people keep assets earned prior to the marriage and inheritances, and the non-working spouse of someone whose assets came mostly from those sources often benefits from having a prenup because they’re ensured a reasonable divorce settlement.
There are also many marriages where people other than the spouses are affected by a divorce. People who marry fairly late in life and who have children from prior relationships may want prenups to protect their children’s inheritances, for instance.
They’re contracts, and like most contracts, they can be used for a variety of purposes. Some of them are selfish, some of them are admirable, and some are quite neutral.