Russell Simmons Net Worth, Wiki Bio, Source Income, Salary, Earnings, Nationality, Age

Russell Simmons Net Worth

Russell Simmons Wiki Biography

Russell Wendell Simmons is a well-known entrepreneur, fashion designer, businessman, television producer, and actor who was born on October 4, 1957, in Queens, New York City, USA. Russell Simmons is best known for his contributions to the hip hop movement, including the founding of the Def Jam Recordings label. Russell Simmons is also a well-known entrepreneur who owns multiple clothing lines under his name: Phat Farm, Baby Phat, American Classics, and Argyleculture are all Russell Simmons’ businesses.

One would question, though, how wealthy Russell Simmons is. According to credible sources, Russell Simmons’ net worth as of mid-2016 was projected to be $340 million, acquired from contributions gained in all of his activities over a career that didn’t really begin until his mid-twenties.

Russell Simmons Net Worth $340 Million

Russell Simmons grew up with two brothers, one of whom is a well-known expressionist painter, Daniel Simmons Jr. Rev Run is a member of the popular hip-hop group “Run D. M. C.” and Joseph Simmons is better known as Rev Run. Before moving to City College of New York, Russell attended August Martin High School. He made his acting debut in the film “Krush Groove,” which he also co-produced and in which members of “Run D. M. C.” and “Beastie Boys” played the key parts. Prior to that, Russell Simmons and Rick Rubin co-founded the record company “Def Jam Recordings” in 1983.

“Def Jam” has signed musicians such as Kanye West, Frank Ocean, Ludacris, Rick Ross, and Nas and has become one of the most well-known hip-hop companies. The success of the label increased Simmons’ net worth steadily. Russell Simmons was able to create his other businesses mostly thanks to the success of “Def Jam Recordings.” He created his own clothing line, “Phat Farm,” in 1992, and the company quickly grew from a small shop in New York to a thriving enterprise.

The popularity of “Phat Farm” led to the development of “Baby Phat,” an urban clothing line aimed at women and girls. The revenue from “Baby Phat” alone is expected to be in the billions of dollars. Russell Simmons also owns American Classics and Argyleculture, in addition to these two apparel businesses.

Simmons launched the “360 Hip Hop” website in 2000, which was eventually purchased by Black Entertainment Television (BET). Simmons recently debuted his own television show, “Running Russell Simmons,” in 2010.

Russell Simmons is a published author in addition to producing money and increasing his net worth through the previously mentioned businesses. Simmons co-wrote “Do You – 12 Laws to Access the Power in You to Achieve Happiness and Success” in 2007, and followed up with “Super Rich: A Guide to Having It Both” in 2011, all of which helped him increase his net worth.

Russell Simmons was married to Kimora (from 1998 until 2009) and they have two daughters. During the 2012-13 season, he dated German model Hana Nitsche. Russell is a vegetarian who practices yoga and is an avid advocate of a mantra meditation called “Transcendental Meditation.”

Full Name Russell Simmons
Net Worth $340 Million
Date Of Birth October 4, 1957
Place Of Birth Queens, New York City, New York, United States
Height 5 ft 9 in (1.765 m)
Profession Fashion designer, Film Producer, Entrepreneur, Businessperson, Television producer, Actor, Screenwriter
Education City College of New York
Nationality American
Spouse Kimora Lee Simmons (m. 1998–2009)
Children Aoki Lee Simmons, Ming Lee Simmons
Parents Daniel Simmons, Evelyn Simmons
Siblings Joseph Simmons, Daniel Simmons, Jr.
Partner Hana Nitsche (2012-13)
Nicknames Russell Wendell Simmons , Rush
Awards BET Hip Hop Awards I Am Hip-Hop Icon Award, GLAAD Media Award for Excellence in Media, Tony Award for Best Special Theatrical Event, PGA Visionary Vanguard Award, NAACP Image Award – Vanguard Award
Nominations NAACP Image Award for Outstanding Literary Work, Nonfiction, NAACP Image Award for Outstanding Literary Work – Instructional
Movies Life After Death Row, Paper Chasers, Def Jam’s How to Be a Player, The Nutty Professor, The Show, The Addiction, Tougher Than Leather, Krush Groove
TV Shows Def Comedy Jam, Run’s House, Running Russell Simmons, Kimora: Life in the Fab Lane, Hip Hop Honors, Russell Simmons Presents Brave New Voices, Brave New Voices 2010, American Mogul: Russell Simmons, Behind the Label, The Hamptons (2002)
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