1. Biography

Russell Simmons is a famous American entrepreneur, fashion designer, film producer, business person, television producer, actor, and screenwriter. His full name is Russell Wendell Simmons. He was born on October 4, 1957 in Queens, New York. He is the co-founder of Def Jam Record label and Phat Farm. He was married to Kimora Lee. Their marriage lasted from 1998 to 2006. They have 2 children. Their names are Ming Lee (born 2000) and Aoki Lee (born 2002). Simmons started dating actress Shannon Elizabeth in 2014.

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2. Income & Salary

Russell Simmons is one of the wealthiest entrepreneurs in the world, thanks to his involvement with Def Jam Records, Rush Communications, and Phat Farm. Simmons is responsible for bringing Hip Hop to the public eye in a commercial way. He produced the Hip Hop film, Krush Grove, back in 1985. He is also responsible for producing HBO’s Def Comedy Jam. He also founded a magazine and advertising agency. Simmonds an Internet start up called 360 and sold it to BET. He also has television credit and starred in his own reality show. Claremont Lincoln University awarded Simmons an Honorary Doctorate Degree in Humane Letters for his work as chairman with the Foundation For Ethnic Understanding.

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3. Estimated Net Worth

Clearly, Russell Simmons was an important force in the recognition of the Hip Hop culture. Today, the hip hop mogul is estimated to have a net worth of $325 million.

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