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Kimora Wants To Own Elizabeth Taylor's Jewelry

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Elizabeth Taylor was known for many things, one of those being her love of jewelry.

So when her items go on auction in the next few months at Christie’s, expect to see millions of dollars worth of jewelry going for sale.

And among those eager to get a piece of the collection is Kimora Lee Simmons. Reveals the fashion diva:

"All my life I have said this, I'm so emotional about Liz Taylor. My whole life I have really patterned after Elizabeth. She's always been my icon. If you think about it, I can explain it forever.”

And Kimora goes further, talking about Liz, her love life, fragrance and more. Adds KLS about Taylor:

"First she had 165 husbands, I love it. I have a good one now but I'm not against having 165 if I could. Think about my first fragrance. It's the shape of a diamond shell with the ring around it. All that came from Elizabeth Taylor because it's about giving you a fragrance that is lush and giving you a little something extra. With her you get a little dream or a gift on the side, I'm the same."

As for the jewelry, Kimmy adds:

"I built my entire jewelry collection with her in mind. I will definitely go and bid. The last time I went to an auction I came home with all Versace stuff. I got a lot of it. I was probably the biggest buyer. I got his bed, DNA are in those sheets!"

We’ll have to wait and see how much Kimora will spend.

But on a positive note, proceeds from the auction will go towards benefiting the Elizabeth Taylor AIDS Foundation and amfAR.

[Image via Adriana M. Barraza/WENN.]

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Elizabeth Taylor Leaves Much Of Her Fortune To AIDS Charity

Filed under: InspirationElizabeth Taylor

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Elizabeth Taylor was truly a generous woman.

She has left a bulk of her $600 million estate to two AIDS charities.

Her famous jewelry collection, worth an extraordinary $150 million, will be auctioned off and will be donated to the Elizabeth Taylor AIDS Foundation and amfAR, the AIDS charity she helped found in 1985.

A financial planner commented on her fortune, saying, "From what I understand, she seems to have been very wise about her investments."

Dame Elizabeth was known to have been avid collector of jewelry, antiques, and art.

So inspiring.

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Designers, Models & Celebs Invade AmFar's New York Gala

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It was a full house at the amFar New York Gala Wednesday night, which drew anyone and everyone from the fashion industry.

Iman looked gorgeous in a black Oscar de la Renta sequin gown while Helena Christensen dared to be different by showing off her supermodel legs in high-waisted shorts that she paired with black tights and a strong shoulder blazer.

Redheaded model Karen Elson stepped out of her Tom Ford box and opted for a white fringe dress from the Versace spring collection.

The designers who came to the event were rather boring in black, except for Tamara Mellon who sexed it up in a black body hugging gown.

Tied for worse dressed were Donna Karan, who showed up wearing a dead black sheep on her shoulder and Julianna Margulies for stealing her grandmother's black dress.

[Image via Andres Otero/WENN.]

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Blake Puts On Her Best Push-Up Bra

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Blake Lively was amongst the many celebs that kicked off New York Fashion Week Thursday night at the amfAR New York Gala.

For the event honoring Diane von Furstenberg, Bill Clinton and Elizabeth Taylor's work to fight AIDS, Blake surprisingly wore a strapless dress from the Alexander McQueen spring collection.

We're not really sure how we feel about this look.

The dress we like, but on Blake? Eh.

There's something about her boobs being pushed up into her collarbone that ruins it.

[Image via Getty Images.]

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Jessica Simpson Hearts Mondo!

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Project Runway runner up Mondo Guerra's celebrity fan base is quickly growing.

Not only has Heidi Klum donned one of his custom creations, but Jessica Simpson has too!

The bride-to-be was spotted on Wednesday leaving the Ritz Carlton with her future hubby wearing a sugar skull t-shirt the HIV positive designer created for World Aids Day.

The shirt sold out on Piperlime within a day, which is great because 40% of each sale benefited amfAR.

Amazing!

[Image via Fame Pictures.]

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Marc & LoLo On The Rocks. Again.

Filed under: Love LineMarc Jacobs

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Enough already!

It's being reported that Marc Jacobs and husband boyfriend Lorenzo Martone are on the rocks once again after LoLo was caught cheating on him with another man last week.

The rumor caught fire after the designer didn't mention his longtime lover in his acceptance speech at the CFDA Awards on Monday night.

Just a week before Marc and Lorenzo were playing the part of a couple in lurve at the amfAR gala, but things went terribly wrong following the event.

The couple left the amfAR event to celebrate Wilhelmina Models CEO Sean Patterson's birthday at The Park restaurant. Patterson then invited the group to continue the pAArty at his SoHo apartment, but Marc declined leaving Lorenzo to go at it alone.

Once at the apartment, Martone made out with a man that came with his girlfriend!

Juicy!

The two were caught by the mystery man's girlfriend, which led to a nasty argument with lots of yelling. It's uncertain how word got back to Marc, but if yelling was involved we're sure it wasn't hard.

Within the past couple of months these two have had more than their fair share of problems. Maybe it's time to call it quits and go their separate ways, if this is true.

[Image via WENN.]

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Kylie Gets Cuffed

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And shows a lot of leg while doing so!

Miz Kylie Minogue attended and hosted Thursday night's amfAR Inspiration Gala honoring Jean Paul Gaultier. For the event Kylie wore a fabulous dress designed by Gaultier that was accented with handcuffs and keys.

We like! Very sexy!

What do U think???

[Image via Getty Images.]

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