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Apr 10, 2024 · Russell Simmons is an American record executive and entrepreneur who has a net worth of $10 million. He co-founded Def Jam Recordings and launched several clothing lines, but faced sexual misconduct allegations and financial troubles.
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Simmons' net worth was estimated at $340 million in 2011. After producing or managing artists such as Kurtis Blow, Run DMC, Whodini, and Jimmy Spicer, Simmons joined forces with producer Rick Rubin to found Def Jam Recordings.
Jun 20, 2023 · The hip-hop mogul has an estimated net worth of $350 million as of 2023, mainly from selling his share of Def Jam Records in 1999. He also owns fashion brands, reality TV shows and properties in the U.S.
- Jessica Stopper
As of June 2024, Russell Simmons’ net worth is approximately $340 Million. Russell Simmons is an American record producer and entrepreneur. He is one of the top 25 most influential people of the past 25 years.
- Emmy Wallin
Jun 20, 2023 · What is Russell Simmons' net worth? As of June 2023, according to wealthygorilla.com, Russell's net worth is $340million. He has earned much of this money through Def Jam Recordings. In the mid 1990s, he sold half of his shares in the company which saw $33million land into his bank account.
Russell Simmons is a hip hop mogul who co-founded Def Jam Records and sold it for $100 million in 1999. He also launched clothing lines, movies, magazines and philanthropic organizations, and is worth an estimated $325 million as of 2013.
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Russell Simmon’s Net Worth. Russell Simmons is speculated to enjoy a net worth of $400 M, and most of his income comes from his business ventures and recording label.
