Instagram/Kimora Lee Simmons & Russ TV Kimora Lee Simmons reveals she got a tiny fraction of Baby Phat's $140M sale. The shocking truth behind the billion-dollar streetwear brand's sale. April 12, 2026 AceShowbiz - Kimora Lee Simmons recently revealed startling details about the sale of her iconic fashion brand, Baby Phat, during an episode of the Aspire With Emma Grede podcast. The fashion mogul exposed how she barely received a fraction of the $140 million sale price, despite being the creative force behind the streetwear empire.