Last year Teyana Taylor secretly filed for divorce from her husband, Iman Shumpert, after 7 years of marriage, citing his infidelity as one of the reasons [click here if you missed that].
The divorce has been settled and the division of marital assets and child support has been all hammered out...
In the judge's ruling, obtained by theJasminBrand, Teyana Taylor has been entitled to retain four key marital properties. These properties, which has an estimated value of over 10 million dollars, are understood to be significant assets from their shared estate. Iman Shumpert has also been ordered to make a one-time 7 figure payment to Teyana Taylor.
Meanwhile, Iman Shumpert will keep his luxurious Miami condo, he’ll also retain ownership of his South Georgia Compound and Decatur, Georgia Compound.
A notable aspect of the settlement is the monthly child support payment. Shumpert is required to pay $8,000 per month in child support. The court has also mandated that Shumpert cover 100% of the private school fees for both of their daughters.
In terms of personal property, Taylor has been awarded a collection of vehicles including a Maybach, a Mercedes Sprinter, a tour bus, and her prized Bronco truck. Taylor also retains all her jewelry.
A critical component of the settlement is Taylor’s retention of 100% ownership of her companies, Taylormade and Auntie’s, which will remain hers.
Meanwhile, Shumpert will keep all his Shumpert Shump investments as revealed during the trial. While the specifics of these investments were not disclosed publicly, they likely include a diverse portfolio spanning across various sectors.
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