How much is Russell Simmons’ net worth?
| Net Worth in 2024 | USD $340 million |
| Full Name | Russell Wendell Simmons |
| Nick Name | Russell |
| Birth Place | Queens, New York, USA |
| Birthday | October 4, 1957 |
| Age/How old? | 65 years old (as of 2024) |
| Height/how tall? | 5 feet 9 inches (180 cm) |
| Occupation | Entrepreneur, Author |
| Sun Sign | Libra |
| Girlfriend/Partner | Hana Nitshe (2012-2013) |
| Spouse/Wife | Kimora Lee (1998-2009) |
| Children | 2 |
| Daughter | Ming Lee Simmons, Aoki Lee Simmons |
| Info Updated | November 2024 |
Who is Russell Simmons? Biography, Career, Net Worth
Russell Simmons is a famous American entrepreneur widely recognized for founding the hip-hop label, “Def Jam Recordings.” As of 2024, Russell Simmons’s net worth is $340 million.
Moreover, he is also a record executive, film producer, and author. Simmons also owns the clothing fashion lines Argyleculture, Phat Farm, and Tantris.
He has been assaulted by 20 women for sexual misconduct. As a result,
He stepped down from his position due to these allegations.
Russell Simmons was born on October 4, 1957, in Queens, New York City, New York. He is 65 years old as of 2024.
Simmons’s birthname is Russell Wendell Simmons.
Russell’s father was a public school administrator. On the other hand, his mother was a park administrator in New York.
He was raised with his two brothers, Daniel Simmons, Jr. and Joseph Simmons.
After graduating in 1975 from August Martin High School, he attended the City College of New York where he met with DJ/Bboy, Kurt Walker.
Kurt influenced Russell for participating in the hip-hop phenomenon.
Russell Simmons is a well-known American entrepreneur and record executive who has a net worth of $340 million.
He gathered his wealth by producing many commercially successful tv shows and films.
Apart from the above, he received huge success as the chairman of Rush Communications. He also produced music for various artists.
Besides, a big part of Russell Simmons’ net worth came from his clothing lines such as Phat Farm, Argyleculture, and Tantris.
Nowadays, the above clothing lines are multi-billion-dollar enterprises.
Here are Russell’s career highlights which are responsible for Russell Simmons’ net worth which stands at $340 million these days.
In 1985, he co-founded Def Jam with an American record producer and former co-president of Columbia Simmons, Rick Rubin.
Rick sold his share to Universal Music Group in 1996 for $120 million.
In 1985, 5′ 7″ Simmons appeared in the film a musical drama film, Krush Groove.
His company, Rush Communications Inc., is involved in more than ten businesses as well as non-profit organizations.
Later, he produced tv hits HBO’s Def Comedy Jam and Def Poetry Jam with his partner Stan Lathan.
In 1996, he co-produced the science fiction dark comedy film, The Nutty Professor, appearing actor and comedian, Eddie Murphy.
After producing another hit Bellamy, he co-founded a prepaid debit card provider, “RushCard.”
Later he launched his clothing line, “Phat Fashions LLC.”
Phat Fashions consists hip hop clothing for both women, men as well as children.
Also Phat grew into a lifestyle brand of other merchandise, jewelry, and perfume.
In 2004, Simmons sold Phat Farm and Baby Phat for $140 million to the Kellwood Company.
He founded the Rush Philanthropic Arts Foundation with his brothers in 1995.
The above foundation was established with the mission to provide art education to under-serviced youth by offering exhibition opportunities.
To date, it serves more than 3,000 students annually.
Apart from being an entrepreneur, he is also an author. As an author, he made a huge name as well as raised his net worth.
Book Writing and releasing also contributed huge wealth to Russell Simmons’ net worth.
Here is the list of books written by Simmons:
Russell founded a company, Unirush LLC which provides pre-paid debit cards to low-income groups.
Later he sold his company to the Green Dot Corporation in 2017 for $147 million.
He was involved in many other business ventures such as book publishing, websites, energy drink companies, and many more.
| Net Worth Year | Total Income |
|---|---|
| 2022 | $320 million |
| 2021 | $300 million |
| 2020 | $275 million |
| 2019 | $250 million |
| 2018 | $220 million |
Do you want to know the physical appearance, height, and weight of Russell Simmons? Have a look below:
| Height | 5 feet 9 inches or (180 cm) |
| Weight | 86 kg (189 lbs) |
| Race/Ethnicity | African-American |
| Hair Color | Salt & Pepper |
| Eye Color | Black |
| Shoe Size | 8 US |
In November 1992, Russell met model Kimora Lee and started to date each other.
On December 20, 1998, the entrepreneur married Kimora Lee.
Together, the couple was blessed with two daughters.
Their first daughter, Ming Lee was born in 2000. Whereas Russell Simmons’ second daughter was born in 2002.
In March 2006, he announced that he ended his relationship with his wife, Kimora Lee.
Finally, in 2008, the couple parted their ways legally.
“It is crucial that rappers have the chance to express the truth that is in their heart.”
Whatever obstacles appear in your path, put your head down and get past them. Those obstacles aren’t real. They’re just God’s way of testing you. He’s asking you, ‘Do you want to make it or not?’
Russell Simmons is active on social media such as Facebook, Twitter, and Instagram accounts.
He has more than 3.5 million followers on his Facebook account, and he has about 1.6 million followers on his Instagram account as of 2 Jan 2024.
Facebook Account:
https://www.facebook.com/RussellSimmons/
Instagram Account (@unclerush):
https://www.instagram.com/unclerush/
Russell Simmons is one of the world’s most distinguished businessmen. Additionally, in 2009, he was made the UN Slavery Memorial Goodwill Ambassador by Ban Ki-moon.
As of 2024, Russell Simmons’ net worth stands at $340 million.
Russell Simmons‘ net worth in 2023 reaches USD $340 million Approx.
Russell Simmons has a height of 5 feet 9 inches (1.80 m) tall.
Being born on October 4, 1957, Russell Simmons is 65 years old as of today’s date 5 Jan 2023.
Russell Simmons‘ real name or birth name is Russell Wendell Simmons.
He had two children, Ming Lee Simmons (Daughter) and Aoki Lee Simmons (Daughter), with his ex-wife Kimora Lee Simmons.
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