The Reality Of Russell Simmons Net Worth, Kids, And Life After Divorce

Russell Simmons is an American music/film producer, entrepreneur, and author, popular for being the co-founder of hip-hop label Def Jam Recordings.

Russell Simmons Early Life

Russell Wendell Simmons was born on October 4, 1957, in Queens, New York. He grew up rough on the streets of Hollis, a middle-class neighborhood where he was a member of a local gang and made money from selling marijuana. Simmons also frequently promoted block parties and club shows in the neighborhood.

He graduated from August Martin High School in 1975 and proceeded to City College of New York to study Sociology. Subsequently, Russell dropped out of college to pursue a career in hip-hop, a genre of music that was only in its beginning phase at the time.

He founded Rush Management and began promoting local hip-hop acts like Kurtis Blow, and Run-D.M.C. In 1984, Russell collaborated with Rick Rubin to co-found what would become the revolutionary platform for hip-hop music- Def Jam Recordings.

See Also: Stevie Wonder Children, Wife, Wiki, Biography, Family, Daughter

Breakthrough With Def Jam

Russell brought his artists including Kurtis Blow, Run-D.M.C and Beastie Boys to Def Jam and soon included LL Cool J. The latter became the label’s pioneer artist with the hit single “I Need a Beat” released in 1984. The success of the single which sold over 100,000 copies in the US established Def Jam as a top label. LL Cool J’s debut album also sold over 500,000 copies in the space of 5 months, further exposing the label and landing them a giant distribution deal with Columbia Records.

Def Jam soon expanded its lineup to include rappers like Public Enemy, and Oran “Juice” Jones. The label continued to expand as its artists achieved stardom. In an attempt to expose Def Jam and its artists to the mainstream, Russell turned the story behind Def Jam’s formation into a movie entitled “Krush Groove” (1985). He also produced the 1988 Run-D.M.C. film “Tougher Than Leather”.

Russell Simmons

However, in 1988 Rick Rubin left Def Jam as a result of varying interests leaving Russell as the sole frontman of the burgeoning label. Rick later sold his share in the company to Universal Music Group for $120 million in 1992.

Russell continued to keep his share of the company and subsequently added artists like Ja Rule, DMX, and Foxy Brown. In 1999, UMG completed its acquisition of Def Jam in a $100 million deal with Russell remaining as the chairman.

READ   Top 30 Most Expensive Celebrity Weddings Till Date

Russell Simmons Salary and Assets

Asides music production, Russell produced the HBO comedy series Def Jam Comedy Tour in 1991. The series became hugely popular and successful, running for 7 years. The Def Jam Comedy tour is responsible for launching the careers of several African-American comic acts including; Martin Lawrence, Chris Rock, Steve Harvey, and Jamie Foxx.

Russell also produced Def Poetry Jam, a spin-off of Def Comedy Jam which also aired on HBO for five years from 2002 to 2007. His other films include “Nutty Professor” (1996) which helped to relaunch Eddie Murphy‘s career. The movie was a box office hit grossing $274 million from a $54 million budget.

Further expanding his empire, Russell founded the Phat Farm clothing line which became a massive success and included the female version called Baby Phat, which was overseen by his then model wife Kimora Lee. In 2004, Russell sold Phat Farm for $140 million. Despite the sale, Simmons remained active in the clothing line business having founded another apparel label Def Jam University in 2003. Def Jam University was more conservative selling a pair of jeans for $44 compared to Phat Farm’s $80.

Russell Simmons Net Worth

His other clothing labels include sports line Run Athletics, and Tantris yoga line. He also owns eyewear line Argyleculture and American Classics.

Russell’s other media ventures include All Def Digital, Def Pictures, Rush Books, Global Grind (celebrity news website) and more. He has authored more than a handful of books and contributes frequently to Huffington Post.

A yoga enthusiast, he opened a luxury yoga studio in West Hollywood California named Tantris in November 2016.

His wealth is estimated at $340 million.

Read More: T-Pain Married, Wife, House, Height, Body Measurements, Wiki

Does Russell Simmons Have A Girlfriend, Wife Or Kids

In 1992, Russell attended a fashion week in New York where he met model Kimora Lee who was just aged 17 at the time. Not minding the huge age difference between them, the duo kicked off a romantic relationship which eventually ended up in marriage six years later as they exchanged marital vows on December 20, 1998, in a wedding ceremony which took place on St. Barts, a Caribbean island.

READ   The 20 Richest Footballers In The World And Their Net Worth In 2020

The marriage which lasted for almost ten years produced two daughters – Ming Lee Simmons, born on January 21, 2000, and Aoki Lee Simmons born on August 16, 2002.

READ   Hugh Hefner's Younger Days, Death and Life Quotes

Unable to keep the union together due to some “irreconcilable differences” as cited by the couple in their court fillings, they separated in March 2006 and in 2008, Kimora filed for divorce in Los Angeles County Superior Court. They finally parted ways in January 2009.

Following the annulment of the marriage, the couple agreed that until each of their daughters turn 19-and-a-half years old, the sum of $40,000 would be paid by Russell Simmons every month in child support. While Kimora was granted full custody of their children, the ace producer was granted visitation rights.

Russell Simmons

Judging by his dating history, it is very obvious that Russell has a penchant for gorgeous, younger women. On average, the well-to-do producer dates women who are 22 years younger than he is.

Among the women he dated include a 44-year-old American actress and former fashion model, Shannon Elizabeth. Rumours about their relationship started flying after the duo stepped out as an item at a Golden Globe party held in January 2014. This was after they also made a joint appearance on the red carpet where Russell was seen holding Elizabeth’s waist.

In just the same manner as his other relationships, he has moved on and is dating Hana Nitsche, a model


See Again: Matt Leblanc Wiki, Wife, Daughter, Height, Married, Kids, Gay, Family

Russell Simmons Siblings

Born into the family of Daniel and Evelyn Simmons, the hip-hop impresario is the second child among three sons. His older brother is Daniel Simmons Jr. while Joseph Ward Simmons, popularly known by the stage name ‘Run’, is his younger one.

Daniel “Danny” Simmons Jr is a painter and has been the Chairman of Rush Philanthropic Arts Foundation since 1995 as well as its co-founder. He is also the founder of Rush Arts Gallery.

Joseph, on the other hand, was one of the founding members of the American hip hop group Run–D.M.C. in the 1980s and ’90s. He is now an ordained preacher known as Reverend Run.

The three brothers turned out to be successful in their individual endeavors despite the fact that they grew up in an environment destroyed by drugs.

Russell Simmons remains an active vegan and supports animal rights which is against the killing of animals for meat.

Uwa Echebiri
Uwa Echebiri
Uwa has extensive professional writing and editing experience including report and technical writing, product reviews, informational and persuasive articles, creative and content writing on nearly any topic, from entertainment to lifestyle, finance, sports and more. As a lifelong movie buff, Uwa is either bingeing on new movies during leisure, or giving someone a whopping on the latest FIFA edition


Allen Iverson – Net Worth in 2020, Wife & Family

What is Allen Iverson's net worth? Allen Iverson is a multi-award winning ex-basketball player and present coach of 3's Company in the BIG3. Regardless of his...

A Walk Through Steve Harvey’s Net Worth in 2020, Relationship History and Kids

Once homeless for three years and having to live in his car, Steve Harvey has come a long way. Raised in the streets of...

Donald Trump – Age, Family & Net Worth in 2020 – Biography

Donald Trump is a real estate mogul who has been in the entertainment scenes for more than a decade. Trump began surfacing on the...

A Timeline Of John Cena’s Relationships, Net Worth and Family Details

John Cena is one of the most popular WWE personalities. He is known for his incredible performances in the ring and the many achievements...

Leonardo Dicaprio – Net Worth in 2020, Age & Parents

What is Leonardo Dicaprio's net worth? Movie stars don’t come any bigger than Leonardo DiCaprio. Unarguably most famous for his portrayal of the young dashing...

Khloe Kardashian – Age, Business Earnings & Body Measurements

American Television personality and entrepreneur Khloe Kardashian has made most of her fortune from her family's reality TV show Keeping Up With The Kardashians....

Kendall Jenner – Net Worth, Boyfriend & Relationship With Harry Styles

What is Kendall Jenner's net worth? Kendall Jenner is one of the most famous people in the world right now. While still in her teens,...

More From Justrichest

Inside Jay Leno’s Massive Car Collection, Net Worth & Family Life

Jay Leno is without doubt, one of the finest and most mature entertainers America has ever produced. A multiple award-winning stand-up comedian, writer, TV...

12 Biggest and Most Expensive Homes of Extravagant Footballers In 2020

The huge and decent earnings of footballers grant them the audacity to exemplify lavish spending and also enable them to sustain every aspect of...

Jessica Nigri Net Worth: How Much Money Does The Cosplayer Make?

Jessica Nigri is a well-known American cosplayer. For the benefit of those who don’t know, Cosplay is derived from the words costume and play....

20 Strongest and Most Powerful Currencies in The World (Updated 2020)

According to World Atlas, there are 180 currencies in circulation that are recognized by the United Nations across the wide world and these are...

Featured Today

Puzzling Facts About Erin Lim’s Rise At E!, Her Net Worth and The Identity Of Her Boyfriend

The name Erin Lim has become so synonymous with the E! Television channel that some people actually wonder if this is the name of...

Jac Collinsworth – Wiki & Facts About The TV Personality

Jac Collinsworth is a very talented sports reporter with ESPN. Jac comes from a family of prominent sportsmen as his father and brother were...

These 5 Facts Will Tell You All About Guraish Aldjufrie and What He Does For A Living

A truly industrious and really shrewd man, Guraish Aldjufrie is known for being the ex-husband of Kyle Richards. For the record, Kyle Richards is...

Who is Zack Snyder’s Daughter Autumn Snyder and Why Did She Commit Suicide?

It could be hard to understand why someone would ever take their own life; leaving their family and loved ones to suffer in a...

Who Is Sandra Otterson? Her Personal Wealth, Life and Quick Facts

American adult star, Sandra Otterson, currently based in Arizona, USA has is worth about $5 million. Background and Career Sandra Otterson, popular with the name ‘Wifey‘...

Related Stories