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Kimora Lee Simmons

In September 2010, Kimora Lee Simmons announced she would leave Phat Fashions, which includes the Baby Phat and Phat Farm labels. Her ex-husband and business partner Russell Simmons also sold his own clothing line, Phat Farm in 2004, for nearly $140 million.In this photo, Simmons and her children walk out on the runway at the end of the Baby Phat Fall 2006 collection during New York Fashion Week. Brendan McDermid/Reuters