Russell Simmons admits he used to smoke a lot of crack! Apparently, Russell Simmons and Courtney Love are friends, and when asked what he thought of the often scatterbrained (that’s putting it lightly) and tweet-happy lady, he said:

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“I think she is a sweet girl . . . It’s probably exciting to be a crackhead, I wouldn’t say I was a crackhead but I did smoke a lot of crack. I had fun smoking a lot of angel dust . . . Right now I’m a monk. I’m boring, I’m on a green juice fast at this moment so I’m a little high now. I had a double shot of ginger, which makes you a little flighty.”

Russell Simmons and Sophie Monk left Skybar in West Hollywood together last night. Hip Hop mogul Russell Simmons with Sophie Monk? Then again why not? Simmons has been recently has been linked to numerous young beautiful women, is Monk next?

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more photos of Russell and Sophie below..

Russell Simmons is 51, he’s rich – Very rich. Simmons is the second richest in hip hop, having an estimated net worth of around $500 million, second only to Jay-Z who has an estimated net worth of $547M.

Russell Simmons has agreed to pay Kimora Lee Simmons $40,000 a month in child support. Kimora filed for divorce in March 2006 siting irreconcilable differences and seems to be the big divorce winner. Kimora won full custody of daughters Ming, 9 and Aoki, 6. And Russell will have to pay $20,000 a month each until the daughters turn 19 and a half.

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more photos after the hop…

Kimora Lee Simmons files for divorce from her husband of seven years, entertainment mogul Russell Simmons. Although the couple separated in March 2006, Kimora just filed divorce papers Tuesday making it official. Kimora, 32 Baby Phat fashion designer and reality TV star cited irreconcilable differences. Kimora has been dating actor & model, Djimon Honsou.

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