Peter has been ordered to begin paying Seymour, his supermodel wife of 16 years, $270,000 a month in alimony and support for their three children. In the global context, $270,000 — every month — is a lot. That sum could buy 900 operations to repair obstetric fistulas in the third world, or pay for 60 new, clean water wells in Kenya. But in the context of Peter Brant and Stephanie Seymour, it's not very much at all.

According to court filings, Brant, who owns a paper company as well as magazines like Interview and Art in America, has assets of $490 million. His net monthly income this year — a pretty bad year for the media — has averaged just over $1.5 million. What does he spend it on? And might it just be possible to economize a little?

Well, for starters, Brant owns a farm in Connecticut. It's 200 acres, and the main house on it resembles George Washington's mansion at Mount Vernon. He owns "40 some odd" polo ponies, and maintains a fully sponsored professional polo team on the property. (He's disbanding the team and giving away the less valuable horses — that is, the $10,000-$15,000 ones.) The cost of all this? $500,000 a month.

Suggestion: It's a farm. Get rid of the horses and raise some soy beans. Or apples. Or organic heritage grains. Or whatever. Pronto.

Photo of Mount Vernon via Encyclopedia Britannica.

Maintaining his Jeff Koons topiary sculpture, Puppy — pictured here is the Puppy outside the Guggenheim in Bilbao; Brant's is an exact replica — costs up to $100,000 a year.

Suggestion: Invest instead in one of Koons' stainless steel sculptures, or perhaps a nice Anish Kapoor; we're thinking durable, shiny, and most importantly, low-maintenance. Realize extra savings by polishing it yourself.

Image of Puppy via Wikipedia

What's Stephanie supposed to do if she wants to go on vacation? $270,000 wouldn't even cover one week of kicking back, Brant-style: the 150-ft yacht Brant chartered for his and Seymour's kids this summer cost the mogul $300,000.

Suggestion: This paddleboat only costs $3,499.95.


Peter Brant gives $216,000 a month to his foundation, which funds his art museum, which is conveniently located across the street from his house. It features a rotating selection of the many works by Warhol, Koons, John Currin, Elizabeth Peyton, Larry Clark, and Cindy Sherman, that Brant owns.

Solution: Why not hang your pictures on the walls of your 20,000 square foot house? Also, 50 cents will get you into the Met.

Cindy Sherman's Untitled Film Still #7 via official website

Brant spends $30,000 a month on "household supplies." You know, everything from "toothpaste to towels."

Suggestion: CVS sells the jumbo size tube of Colgate Total Whitening for $3.99.

Brant has some suggestions of his own about how Seymour should spend her money. Last month, he alleged she had a $50,000-a-month shopping habit. The divorce court judge says Brant "said he did not understand why she was paying retail at Bergdorf's when she could get clothes, at a discounted price, from the atelier in Paris of their friend, the designer Azzedine Alaïa, who Mr. Brant considers to be the best couture designer of the 20th century."

Do you hear that, Stephanie? Most of us would be so lucky to save money by wearing only Alaïa.

Stephanie Seymour, Peter Brant Divorce Case Reveals Lavish Lifestyle [Stamford Advocate]

• Who is Tory Burch's elusive 23-year old stepdaughter Pookie? On Mondays, Pookie interns for Bruce Weber, and the rest of the week she works as the assistant to the president of Carolina Herrera, and she was (allegedly) responsible for the magical pairing of New York's leading faux-WASP ice princess with Princess Coldstare, but alas, we have scoured the Google and cannot find a picture of her. So this will have to do. [Fashion Week Daily]
  
• M.I.A has designed her own eponymous clothing line, which is really brightly colored so that, "if you lose it or someone steals it, you can see it from miles away and you can be like, 'Oy! Give me my shirt back!'" Oy is right! [WWD, 3rd item]
  
• Tinsley Mortimer, you see, is not a bad designer of handbags, it's just that she made the mistake of trying to sell them in Japan. "Japanese girls have no use for clutches because they just go to the clubs right after work. They are so different from New York. Stylewise, colorwise, stylewise. It's very youth-oriented. I'm designing for women between the ages of 20 and 40... But in Japan, after 25, it's like, basically, you're dead." [NYMag]

• "Now that I've been modeling some, I can actually stand in high heels—at least for a night." Oh, Hagyness. [Fashion Week Daily]
• Meanwhile, poor Erin Wasson broke her foot running in stilettos while shooting the ad campaign for Justin Timberlake's clothing line, William Rast. Doctors say her bones were fragile due to the amount of time she has spent in her life in heels. Ouch. [NYMag]
• Are you ready for Tuesday night's Metropolitan Museum of Art Costume Institute Gala? [Is that a trick question? -Moe] The theme is superheroes because "the superhero is the overarching metaphor for fashion, because both share this obsession with the body, identity and transformation." [WWD, sub req'd]
• No actually, explains Diane Von Furstenberg, superheroes are just super-trendy right now. [WWD, sub req'd]
• Poor Nicole Fahri was mugged at knifepoint outside her home! [Mirror UK]
• "My wife and I had a great time just sitting and going through things and working on what we liked the best...I would love to see her have a fragrance, and us to have one together — a unisex fragrance. That would be wonderful. She's a lot more expensive than I am." Tim McGraw on his new eponymous fragrance and his oft-PhotoShopped wife, Faith Hill. [WWD, sub req'd]
• Virtual Christian Siriano prom dresses? We're confused. Explain this to us, please. [Gaia]
• Oscar de la Renta shot his Fall/WInter 2008 ad campaign at the Salk Institute for Biological Studies in San Diego. Which is, um, really random and has nothing to do with polio? [WWD, sub req'd]
• Is former Dior Homme designer Hedi Slimane doing a line for Diesel? Eh, probs. [WWD, 3rd item]
• Naomi Watts is the new face of Thierry Mugler's Angel fragrance. We are so happy for her. [WWD, 2nd item]
• Martin Margiela is trying to go mainstream. Have you never heard of him? Well, that's cause he's so not mainstream. [WWD, sub req'd]
• Chuck Close, Jeff Koons, Marilyn Minter, Kiki Smith, Cai Guo-Qiang, Barbara Kruger, Ashley Bickerton, Kenny Scharf, Glenn Ligon, Rirkrit Tiravanija, Kerry James Marshall, Hanna Liden and Sarah Sze are all collaborating with the Gap on a series of t-shirts. [WWD, sub req'd]
• And Elie Tahari is collaborating with artist Kenny Scharf, too. [WWD, sub req'd]
• Alice Temperely: Showing in London come September for the first time in six seasons. Buh-bye, New York. [Vogue UK]
• Colin McDowell, fashion editor of The Sunday Times of London, is leaving the paper to become creative editor-at-large of Net-a-Porter and spearhead its original editorial content. [WWD, sub req'd]
• Revlon: In debt. But less so now than before. [WWD, sub req'd]
• Elizabeth Arden: Profits are down. [WWD, sub req'd]
• Same goes for Bebe. [WWD, sub req'd]
• And Steve Madden! Hmmm, I wonder what it all means? [Crain's]

• OMG: Rachel Zoe has been disinvited from the Anna Wintour-hosted Metropolitan Museum of Art's Costume Institute Gala, taking place Monday night in New York. This is what you get when you tempt the gods and proclaim yourself more important than Vogue. [Fashion Week Daily]
  
• Also, Wintour has instructed Vogue staffers that they may only wear white, silver, or other "pale shades." Just like the colors of faces that she likes to see on her magazine's cover! [Fashion Week Daily]
  
• French Vogue editor-in-chief Carine Roitfeld and designer/Chanel creative director "Krazy" Karl Lagerfeld were both named to the Time 100 List, as influential members of the fashion community. Something about the way they both made fashion about "the street" or something. [Vogue UK]
  
• Gisele Bundchen is still the top-paid model, according to Forbes. Heidi Klum is the second. Take that, Moss. [Sassybella]

• Agyness Deyn: The mannequin. [BlackBook]
• The Rogan for Target collection is also going to be sold at Barneys. Which is not Target at all. [WSJ]
• Steve & Barry's is going to be shilling Sex and the City movie merchandise, which will be licensed for the store under Sarah Jessica Parker's "Bitten" label. [Sassybella]
• Uh oh: Seems the women behind the red carpet label Marchesa are having a bit of a tiff. While Georgina Chapman and Keren Craig used to be knows as the label's "co-designers", their titles have been changed on their website: Chapman is now listed as "designer" and Craig is noted as "co-founder." [Page Six]
• Dockers: Trying to reach out to the hip and the young. LOL. [MediaPost]
• Christian Siriano: Designed a dress for Puma. [Chic Report]
• Helena Christensen on why she loves photographer Peter Lindbergh: "Even when I looked pretty funny back in the day with my baby fat, perm, and hippie clothes, he put me on the cover of British Vogue!" Oh, models. [Fashion Week Daily]
• The latest beauty tool you didn't know you needed: An eyelash comb. [BellaSugar]
• The Versace resort in Dubai is... sorta exactly what you would expect a Versace resort in Dubai to be. [Chic Report]
• Diane von Furstenberg, Dolce & Gabbana, Oscar de la Renta, Akira Isogawa, the members of Coldplay, Jeff Koons, Philippe Starck and Tory Burch have all been asked to create "themes" for iGoogle's new customized homepage thingies. [Sassybella]
• Vanessa Paradis: The new face of Miu Miu? [Glaumrama]
• Calvin Klein went on a little field trip to Dubai last week. Blah blah, models behind plexiglass. The usual. [WWD, sub req'd]
• Jones New York: Stock is up, profits are down. The usual. [WWD, sub req'd]
• Kohl's: Gonna slow down its expansion plan 'cause their scared of the economy. The usual. [WWD, sub req'd]
• If you want to wear a pantsuit, make sure it's not double-breasted. [WSJ]
• Blue's Clues's: The shoes — at a Payless near you. [BrandWeek]

• The battle between Stella McCartney and Heather Mills rages on regarding Heather's divorce from Stella's dad Paul! And even though we declared ourselves Team Stella for this one, we're a little wary about her latest overture: A necklace baring a single leg. Perhaps in nasty homage to her prosthetic-using former-stepmum? Ouch. [NYP]
  
• You know how the Armani collections shown in September weren't, er, all that good? (Hello, I Dream of Jeannie pants!) Well, it seems like Mr. Armani gets that: "I want to fine-tune the organization behind the company. I offer too many choices, and variations of the same outfit. I must focus and edit, offering narrower guidelines." [Vogue UK]
  
• Ralph Lauren has poached the associate articles editor of Departures — OMG! the associate articles editor of an in-flight magazine! — to serve as editorial director for some new editorial venture that will no doubt be full of really hard-hitting, informative content. [WWD, 2nd item]

• Luxury brand conglomerate LVMH Moet Hennessy Louis Vuitton has finally gotten its hands on the French newspaper Les Echoes, which was owned by the same parent company as the Financial Times.[Vogue UK]
• The Sundance Channel will air fashion-related programming during every night of next Spring' Fall 2008 New York Fashion Week they'll be airing fashion-related programming and documentaries. [Fashion Week Daily]
• Sorry, can't help it: We love Target! They've commissioned Jeff Koons, Cindy Sherman, Elizabeth Peyton, and Kehinde Wiley to design beach towels which will retail for $50, the proceeds benefiting charity. All because Target believes that art should be for the people blah blah we don't care we love Target! [Fashion Week Daily]
• Australian model Gemma Ward turned 20 on Saturday. And had a "Jungle Fever"-themed birthday party. [Fashion Week Daily]
• Do not put Swarovski crystals on your ass. [Fashion Week Daily]
• Dita von Teese for Frederick's of Hollywood just looks trashy. We know, we know... Shocking. But we had hoped Dita could transcend marabou trim. [FabSugar]
• We're doubtful of a panty that claims to be line-less. [FabSugar]