Kimora: Djimon Has a Huge ... Billboard

Kimora: Djimon Has a Huge ... Billboard
Kimora and Djimon's billboard
Joe Martinez/MPTV; Courtesy Calvin Klein

03/20/2008 AT 08:50 AM EDT

Kimora Lee Simmons is living large – and so is her boyfriend, Djimon Hounsou.

The fashion-designer-turned-reality-star spoke with PEOPLE at Wednesday's launch of her new fragrance, Fabulosity, and she good-naturedly gushed about the man in her life – and his new Calvin Klein billboard in Hong Kong.

"He's really big," Simmons, 32, said of Hounsou's underwear ad, which Calvin Klein's reps claims is the largest in Asia. "We were just there when it went up. Isn't it a great billboard?"

The Life in the Fab Lane star – who split from mogul Russell Simmons in 2006 and recently denied reports she's expecting – couldn't help but admire her beau's sleek physique (Hounsou is seen only in a pair of tightie whities). She boasted, "He's the biggest one in the world, honey."

Mourning the Loss of Her Dog

It was a rare light-hearted moment for Lee Simmons, who was mourning the recent death of her 18-year-old dog, Zoe.

"You have to ... grieve," she said. "It's okay to take time and say this meant something to my life and [to] honor it."

In fact, in typical Kimora style, she may find a way to honor Zoe with bling.

"There is a company that makes diamonds out of your loved ones," she said. "[They] make diamonds from a little of the carbon from the ash, so I might do that. I might turn her into a diamond."

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