Kimora Lee Simmons Fights to Keep $25M Beverly Hills Mansion Purchased With Funds Her Estranged Husband Admitted Were Stolen⁠ ⁠ Blogged by: Thinktank⁠ ⁠ #KimoraLeeSimmons is fighting in court to keep a $25 million Beverly Hills mansion that her estranged husband admitted was purchased with stolen 1MDB funds.⁠ ⁠ The legal battle between Kimora and 1MDB over ownership of the 1MDB mansion has dragged on for years and is now approaching another key court date. The seven-bedroom estate at 25 Beverly Park Circle was bought in 2017 by former Goldman Sachs executive Tim Leissner.⁠ ⁠ In sworn testimony during a 2022 federal trial in Brooklyn, Leissner acknowledged the money used to buy the property came from 1Malaysia Development Berhad, known globally as 1MDB. The fund became the center of a massive international fraud investigation involving billions of dollars.⁠ ⁠ “I bought the property… with $25 million that had been stolen from the Malaysian people,” Leissner testified under oath.⁠ ⁠ He pl...