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Simon Cowell pledges 63 million pounds for charity

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Press Trust of India London
Music mogul Simon Cowell will reportedly give Lauren Silverman 63 million pounds in child support for their unborn baby.

The 53-year-old is expecting his first child with Silverman, the estranged wife of his friend Andrew Silverman, and is said to have pledged to give her 3 million pounds a year until the youngster turns 21, reported Daily Star.

"He wants to ensure he does the right thing for her and their baby as well as resolving this mess. Simon wanted to know exactly where he stands and to minimise the damage this will do to his bank balance.

"He has a good relationship with Lauren at the moment but when you're as wealthy as Simon, you can't take any chances. Money changes people. Simon has warned he won't be taken for a ride just because he's rich. He's more than prepared to be fair and generous but he's no mug," a source said.

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First Published: Aug 04 2013 | 4:10 PM IST

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