Model, billionaire settle child support fight
- Photo: Mark Von Holden/WireImage.com1 of 12
- Photo: VPA/Pacific Coast News2 of 12
- Photo: Promotional3 of 12
- Photo: Lawrence/La Pira/Splash News4 of 12
- Photo: Henny Ray Abrams/Invision/AP5 of 12
- Photo: Jackson Lee/Splash News6 of 12
- Photo: Lawrence/La Pira/Splash News7 of 12
- Photo: Promotional8 of 12
- Photo: Michel Spingler/Invision/AP9 of 12
- Photo: AP/WENN10 of 12
- Photo: Winslow/Meinelt/Splash News11 of 12
More Celeb News
- 'Greatest American Hero' Reboot by '22 Jump Street' Team in the MSNEntertainment 8/29/2014 2:59:00 PM
- 'The Following' Showrunner Jennifer Johnson Exits After Only Three MonthsMSNEntertainment 8/29/2014 1:19:00 PM
- A&E Networks to Buy Stake in Vice MediaMSNEntertainment 8/29/2014 12:51:00 PM
- Adrien Brody Does Not Lead a Normal LifeMSNEntertainment 8/29/2014 12:33:00 PM
- 'Heroes' Alum Greg Grunberg to Guest on 'CSI'MSNEntertainment 8/29/2014 12:01:00 PM
- 'Greatest American Hero' Reboot by '22 Jump Street' Team in the
NEW YORK (AP) -- In the midst of a trial that brought tales of the high life and high fashion to family court, supermodel Linda Evangelista and a billionaire French businessman have reached an agreement to end their child support fight, their lawyers said Monday.
Evangelista, Francois-Henri Pinault and their attorneys were mum about the details, which they planned to give to a magistrate on Tuesday.
RELATED: Year in Review: Celebritots, 2011
"Everybody is very glad that it's over," Pinault lawyer David Aronson said.
The settlement came in the midst of a trial over how much, if anything, Pinault should pay toward the care of their 5-year-old son. Pinault is the CEO of a company that owns Gucci, Yves St. Laurent and other top-flight fashion lines; he's now married to actress Salma Hayek.
Both Pinault and Evangelista had testified at the trial, answering questions that delved into her career, his high-flying finances and his limited relationship with the boy. Evangelista had been due to continue testifying Monday.
In legal papers, she had said she was spending $46,000 a month on armed bodyguards, a 24-hour-a-day nanny and other expenses for the boy, Augustin, nicknamed Augie. He was born in 2006 after a four-month relationship; Pinault said he and Evangelista spent only about seven days together in all.
RELATED: Salma Hayek Eye Candy
Evangelista's lawyer said she willingly paid all the child's expenses at first, but she now needs some help. While Evangelista — who once quipped that supermodels "don't wake up for less than $10,000 a day" — testified that she still can command about $100,000 to walk a runway, attorney William Beslow said her roughly $1.8 million-a-year income sank last year because a major contract with L'Oreal ended.
"Ms. Evangelista is not looking to piggyback the lifestyle of Mr. Pinault," Beslow said in an opening statement last week. He said she wasn't asking for any particular amount.
As part of the family behind luxury-brands conglomerate PPR, Pinault makes about $4 million a year, and Forbes estimates his family's net worth at $13 billion. He wears a $100,000 watch, dropped about $52,000 on a 12-day vacation to Bora Bora and bought himself about $62,000 in clothes in a single year, according to his testimony.
Pinault, who has a 4-year-old daughter with Hayek and two other children from a previous marriage, legally recognized Augie as his son in 2007. Pinault said Evangelista asked for what he considered an unreasonable amount of child support, he countered with another offer, and he didn't get a response for years. She went to court in 2010.
"We are not going to claim that he cannot pay a fair and reasonable child support," Aronson said in an opening statement. But $46,000 a month, he said, would be "just ridiculous."
That would indeed be high, even for New York, though there have been some other big-money child support cases here. Rap impresario Sean "Diddy" Combs was ordered in 2005 to pay about $19,000 a month in support, and Revlon Inc. chairman Ronald Perelman was ordered in 1999 to pay more than $12,000 a month.
Get the scoop on Bradley Bayou's dress design that Oprah wore to the Emmy Awards.Watch Video »
Rihanna strips down to a bikini while vacationing near an active volcano off the coast of Italy on today's Celebs Gone Social.Watch Video »
Beyonce does her best to prove that her family life is just perfect on today's Celebs Gone Social.Watch Video »
The guys from Rascal Flatts talk with Wonderwall editor Jessica Herndon about life on tour, crazy fan encounters and more.Watch Video »
Check out Kaley Cuoco's cutest canine-centric posts on social media on today's Celebs Gone Social.Watch Video »
Check out the sweet shots Jaime King, Mario Lopez, Snooki and more stars shared of their babies on today's Celebs Gone Social.Watch Video »
Like us on Facebook?
UP NEXTWore it Better?
From Crowd Ignite