Kimora’s new swirly marriage isn’t off to the best start…
Kimora Lee And New Husband Lose Beverly Hills Mansion
Such is the life of the rich and famous.
Via Rumor Fix reports:
Real estate sources have told RumorFix that Kimora Lee Simmons, who is married to investment banker Tim Leissner, fell out of escrow on a palatial home she was looking to buy for $41 million.
The Beverly Hills mansion is owned by Guess jeans co-founder Armand Marciano and sits on almost 20 acres of real estate on a private ridge.
The spectacular home has 30,000 square feet and seven bedrooms, 13 full and nine half bathrooms. It also includes a guest suite with three bedrooms and a full kitchen, nine fireplaces, an eight-car garage and parking for 20 more cars.
According to MLS — the real estate portal — the home was clear of all its contingencies, which means it was in escrow and it was all systems go, but it fell out of escrow at the last minute.
Prospective buyers have to put up three percent during escrow, which, in this case, would be $1.2 million — so Kimora and her husband Tim lost the money and it went right into the pockets of a pair of Guess jeans!