Celeb News

Wednesday 30 July 2014

REVEALED: 'Kimye's $1m a year pre-nup'

Published 10/03/2014|08:16

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LOS ANGELES, CA - DECEMBER 25:  Kim Kardashian and Kanye West attend the NBA game between the Denver Nuggets and the Los Angeles Clippers at Staples Center on December 25, 2012 in Los Angeles, California. The Clippers defeated the Nuggets 112-100. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Victor Decolongon/Getty Images)
Kim Kardashian and Kanye West

Kim Kardashian will reportedly receive $1 million for every year she is married to Kanye West, according to their pre-nuptial agreement.

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The couple are busy preparing for their upcoming wedding, which is rumoured to be taking place on May 24.

According to sources, the reality star and her rapper beau are close to finalising paperwork that would see Kim receive a sizeable amount of money if they split.

“The entire process for the pre-nup for Kim and Kanye has been extremely easy, and relatively drama free,” a source close to the couple told Radar Online.

“Kanye didn’t even think the couple needed a pre-nup, and was ready to give Kim carte blanche to all of his financial assets. Yes, he loves Kim that much.”

While this is Kanye’s first marriage, it will be Kim’s third, having been married to music producer Damon Thomas from 2000-2003 and basketball player Kris Humphries for only 72 days in 2011.

The source added that agreeing a pre-nup this time has been a much more straightforward process for the Keeping Up with the Kardashians star.

'Kimye' have come back to the spotlight with a bang at Paris Fashion Week  (© REX/Beretta/Sims)
'Kimye' have come back to the spotlight with a bang at Paris Fashion Week  (© REX/Beretta/Sims)
Kim Kardashian and Kanye West are seen on the 'Avenue Montaigne' in Paris, France (Marc Piasecki/WireImage)
Kim Kardashian and Kanye West are seen on the 'Avenue Montaigne' in Paris, France (Marc Piasecki/WireImage)
The beaming pair first went public with their relationship last year with an afternoon ice cream date in New York City. (Jackson Lee / Splash News/Jackson Lee / Splash News)
The beaming pair first went public with their relationship last year with an afternoon ice cream date in New York City. (Jackson Lee / Splash News/Jackson Lee / Splash News)

“There is a huge difference from Kim’s pre-nup with Kris Humphries… the preparation of their agreement went on for several months. It was long and tedious,” the source added.

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Kim’s $1 million per year will be capped at $10 million and according to other parts of the agreement, their house will be in her name and any money she earns from her family’s show, the Kardashian clothing line, and promotional appearances, will be considered her separate and sole income.

According to reports, the Yeezus singer is worth $100 million while Kim is worth $40 million.

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