The Reality Of Russell Simmons Net Worth, Kids, and Siblings

Net Worth:
$340 Million
Salary:N/A
Income Sources:</strongRush Communications, clothing fashion lines Phat Farm, Argyleculture, and Tantris
Age/Date of Birth:
October 4, 1957
Height:
5 feet, 9 inches (1.76 m)
Nationality:American
Last Updated:
2020

Russell Simmons is an American music/film producer, entrepreneur, and author, popular for being the co-founder of hip-hop label Def Jam Recordings. His net worth is estimated at $340 million as of 2020

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 neighbourhood 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 neighbourhood.

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.

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.

Russell Simmons Net Worth and How He Made His Money 

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 net worth is estimated at $340 million.

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.

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.

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

russell-simmons-4

Here’s What We Know About His 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.

Profile Summary 
First Name: Russell
Last Name:Simmons
Estimated Net Worth:
$340 Million
Salary:Unknown
<strongSource of Wealth:</strongRush Communications, clothing fashion lines Phat Farm, Argyleculture, and Tantris
Last Updated:
2020
Also Known As:
Rush
Sex/Gender:
Male
Profession:
Entrepreneur, record executive, writer, and film producer
Famous For:EO of Rush Communications, co-founder of the hip hop music label Def Jam Recordings
Colleges/Universities Attended:
The City College of New York
Educational Qualifications:
N/A
Religion:
Unknown
Birthday & Zodiac
Age/Date of Birth:
October 4, 1957
Zodiac Sign:Virgo
Birth Place:
New York City, U.S.
Nationality:American
Ethnicity/Race:
Mixed
Country of Residence:
United States of America(USA)
Physical Attributes
Height:
5 feet, 9 inches (1.76 m)
Weight:
75 kg
Eye Colour:
Black
Hair Color:
Bald
Other Body Measurements:
Chest: 48 Inches
Waist: 34 Inches
Biceps: 15 Inches
Relationships
Marital Status:
Divorced
Spouse/Partner:
Kimora Lee
(m. 1998; div. 2009)
Family and Relatives
Father:
Daniel Simmons
Mother:Evelyn Simmons
Children:
Ming Lee Simmons
Aoki Lee Simmons
Siblings:Joseph Simmons
Danny Simmons
Other Relatives:
Diggy Simmons (Nephew)
Vanessa Simmons (Niece)
Joseph Simmons Jr. (Nephew)

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

Recommended

Nelly’s Troubles With The Law, His Relationship History, Children And Where He Is Now

The name Nelly may not easily ring a bell for the present generation but for those who grew up in the 2000s, the man...

Michael B Jordan vs Steve Harvey: Who Has a Higher Net Worth?

Unless you have been living under a rock, then you would know that the latest “it couple” in Hollywood is none other than Michael...

Interesting Details About Kobe Bryant’s Net Worth, Age & Body Measurements

The year 2020 witnessed several momentous and tragic events and one that ranks right up there with the rest is the death of retired...

24 Incredibly Beautiful Female Stars Who Have Strikingly Unattractive Feet

Some female celebrities with all the beauties and charms have flaws that even their designer shoes and dresses can't cover. From dead nails and...

11 Male Stars You Didn’t Know Had Plastic Surgery

Hollywood stars are always fighting to be the best at everything, and that's why they do everything possible to make headlines especially through a...

The Net Worth of These Young Celebrities Will Leave You Envious

How relieving it is to be born with a silver spoon. You grow up not having to worry about finances with almost everything you...

The Truth About Kendall Jenner’s Net Worth, Boyfriend Devin Cooker, and 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,...

The Untold Story Behind Mark Zuckerberg’s Wife Priscilla Chan, Kids and Huge Net Worth

Mark Zuckerberg is an American billionaire, computer programmer, and entrepreneur who has a net worth of $104 billion. He is most popular for being...

The Truth About Mike Tyson’s Wife, Children and Net Worth

The name Mike Tyson quickly calls to mind boxing rings and knockouts. Mike Tyson was a famed boxer who though now retired had made...

Understanding Tyga Net Worth and His Relationship With Kylie Jenner and Blac Chyna

What is Tyga's net worth? Tyga is an American singer, songwriter, actor, TV personality and of the most uniquely talented rappers in the international music...

Coming 2 America Cast Members: What are Their Net Worth and Where are They Now?

It is no longer news that the iconic Hollywood film, Coming 2 America, is a 2021 movie that serves as a sequel to the...

How Much Do Strippers Make?

Beer, vodka, or wine of your choice, and a girl to play with you for a while at under $100; that's what the average...

Featured Today

Understanding Dwayne Johnson’s Net Worth, Wife, and Kids (Daughters)

Dwayne Johnson is an American-Canadian actor, producer, retired professional wrestler, and former American/Canadian football player. He has an estimated net worth of $320...

Joel Osteen – Divorce Rumours, Wife & Net Worth

Over 7 million viewers weekly and more than 20 million monthly in over 100 countries across the globe tune in to listen to American...

Cole Beasley Biography – How Tall is He and Who is The Wife Krystin Beasley?

Cole Beasley is one American wide receiver with a knack for finding the soft spot in zone coverage and can as a matter of...

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...

The Real Reason Brendan Fraser Divorced His Wife – Afton Smith

Every love affair has a happy beginning but that is not often the case at the end. So, it is hardly any news that...

Related Stories