Russell Simmons net worth – Know in Detail

Russell Simmons is an American entrepreneur, record executive, and writer who was born on October 4, 1957. Simmons is the one who co-founded the hip-hop label Def Jam Recordings and also created the clothing fashion lines Tantris, Argyleculture, and Phat Farm. Russell Simmons’s net worth, according to Forbes, is estimated to be around $340 million. Here, we have provided you with all the required information about Russell Simmons, so keep reading. 

Early Life of Russell Simmons 

Russell was born in Hollis, New York, to his father, who was a public school administrator, and his mother, who was a park administrator. The Russell Simmons brothers, Daniel Simmons Jr., who is a painter, and Joseph Simmons, who is known as Rev Run, are the ones whom he loves a lot. Russell Simmons’ wife was Kimora Lee Perkins, but because of some personal reasons, their marriage could not work, and they are not together as of now. 

He completed his studies at the local school and then graduated from Martin High School. Soon after completing his graduation in 1975, he joined City College of New York, where he met a DJ who influenced him to participate in the hip-hop phenomenon, and after that, he decided to choose hip-hop as his career. In 1979, Simmons began industry events and teachings about the music business. 

The career of Russell Simmons Balu 

Russell Simmons age as of now is 66, and he has a very great personality. Russell is the one who co-founded Def Jam in 1984 and sold his share of the company to Universal Music Group in 1996. He co-produced and appeared in the film Krush Groove and has also produced television hits like HBO’s Def Comedy Jam and Def Poetry Jam. Then, he co-produced the super hit film The Nutty Professor, followed by Def Jam’s How to Be a Player and RushCard.

In 1992, Simmons launched his clothing line, Phat Fashions LLC, and Baby Phat Labels, which were further sold in a shop in the SoHo district of Manhattan. Phat Fashion encompassed hip-hop clothing for women, men, and children, which helped it grow into a lifestyle brand, and the influence of designers such as Ralph Lauren and Tommy Hilfiger gave a classic look to this clothing line. 

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Where is Russell Simmons now?

Simmons met the love of his life, Kimora Lee, in November 1991. Kimora is a model, and when both of them met, she was just 16 years old. After some years, i.e., in 1998, they got married on the island of Saint Barthelemy. Russell Simmons’ house was in New Jersey on 4 acres of land, where they enjoyed their lives. They were having two babies from their marriage, but in 2006, Russell announced that they had ended their relationship. Simmons and Lee divorced after 2 years of getting separated, and he dated Paige Butcher for the time being. As of now, he is residing in Bali, Indonesia. 

Conclusion

Russell was born in Hollis, New York, to his father, who was a public school administrator, and his mother, who was a park administrator. The Russell Simmons brothers, Daniel Simmons Jr., who is a painter, and Joseph Simmons, who is known as Rev Run, are the ones whom he loves a lot. Russell Simmons’ wife was Kimora Lee Perkins, but because of some personal reasons, their marriage could not work, and they are not together as of now. 

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