Kimora Lee Simmons Shoots Down The Breakup Rumors! (DETAILS)

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Kimora Lee Simmons and Djimon

Kimora and Djimon took a walk on the beach at St. Barts. Kimora splashed in the water and held hands with her daughter Ming Lee. || Photos Credit: Splash

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Rumors are flying that Kimora Lee Simmons and Djimon Hounsou are having relationship problems following a big fight over money.

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Well, that's the furthest thing from the truth.

According to The New York Daily News:

“Djimon walked out on Kimora,” says the source, who adds that the split may have been prompted by Simmons’ ex-husband, hip-hop mogul Russell Simmons' decision to stop funding the pair’s lifestyle.

St. Louis-born “Kimora lives as if she’s the Queen of England,” notes the source, although there’s at least one sign her life in the fab lane may be slowing to a crawl.

On Thursday, the Trulia Luxe Living blog said Simmons, 37, the creative director and president of shopping web site JustFab.com, was unloading her modest (by celeb standards) six-bedroom, eight-bath Beverly Hills country home at a loss.

Kimora has responded to outlandish rumors, saying:

"Wow, I put 1 of several properties I own (+ DONT live in) on the market & now apparently my whole life is fallin apart?! Smdh. Rumors, Rumors..."

A spokesperson for Kimora also chimed in adding that, “Kimora has a beautiful family life.”

PHOTOS: Kimora Lee Simmons Sells Out Hawaii

People sell their homes sometimes, and if you just got a house sitting there collecting dust, then hey, get rid of it. It's 2012; more isn't always better, so lay off KLS!

SOURCE: NY Daily News