Model, billionaire settle NYC child support fight

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Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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Posted: 05/07/2012

NEW YORK - Supermodel Linda Evangelista and a billionaire French businessman have reached an agreement in their child support fight.

Lawyers for Evangelista and Francois-Henri PinaultĀ  plan to give the details to a Manhattan judge on Tuesday. The judge must approve the settlement.

It's not yet clear whether the details will be made public.

Evangelista says she was spending $46,000 a month on armed bodyguards, a 24-hour-a-day nanny and other expenses for their 5-year-old son.

Pinault is CEO of the luxury-brands company PPR. He and Evangelista dated for about four months.

Evangelista says she willingly paid all the child's expenses at first, but she now needs some help. Pinault's lawyer has said $46,000 a month would be too much.

Pinault is now married to actress Salma Hayek.

Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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