Linda Evangelista Settles Child Custody Case
(NEW YORK) -- Supermodel Linda Evangelista, 46, has reached a settlement in her child custody case against her son's father, French billionaire Francois-Henri Pinault, 49, ABC News has learned.
Court was adjourned Monday afternoon after the attorneys for both sides met in the judge's chambers. No details of the settlement were announced, but the parties are expected to be called back to court Tuesday to approve details of the settlement in writing.
According to the New York Post, Evangelista and Pinault reached an agreement by telephone earlier in the morning.
Evangelista was reportedly asking for upward of $46,000 in monthly expenses for their 5-year-old son Augustin (also known as Augie), and though she denied such a figure in court last Thursday, no additional figure has been floated.
The settlement came as media from around the world flocked to Manhattan Family Court to hear the supermodel's second day of testimony. Evangelista had been expected to testify about Pinault's initial reluctance that she have the child. Her defense team had earlier claimed that Pinault asked her to terminate her pregnancy.
Though Pinault had known he was Augie's father since January 2007, he did not recognize Augie as his son until 2009 after his now wife, actress Salma Hayek, had given birth to their daughter Valentina. When asked the reason for his clandestineness, Pinault admitted that he had been more concerned with Valentina at the time. They had thought for five months that Valentina had Down's syndrome and Pinault professed in court that "we almost lost the baby."
Evangelista had been riled for making wild demands, including 24-hour child care and a bodyguard for Augie, with critics questioning if these expenses were not just means to gain funds for herself under the guise of child support.
Pinault is the chief executive of PPR, his family's company that owns such luxury brands as Gucci and Yves Saint Laurent. Heir to the $11.5 billion empire, Pinault brings in $4 million to $5 million annually.
Evangelista, a mogul in her own right, is the former face of L'Oreal Paris and has graced the cover of over 600 magazine covers. She is reportedly worth $8 million.
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