What is Russell Simmons best known for?
Co-founder of Def Jam Recordings, Russell Simmons ignited the hip-hop revolution by promoting stars like the Beastie Boys, Public Enemy, Run-D.M.C. and LL Cool J.
How did Russell Simmons get rich?
Simmons stood at the center of hip-hop’s growth, making sure his performers followed the money. When fashion designers co-opted hip-hop styles, he created his own clothing line, Phat Farm; it would grow into a $140 million business. In 1985, he inked a music distribution deal with CBS worth $600,000.
Is Russell Simmons a billionaire?
As of 2021, Russell Simmons’ net worth is approximately $340 million. Russell Simmons is an American record producer and entrepreneur….
| Net Worth: | $340 Million |
|---|---|
| Country of Origin: | United States of America |
| Source of Wealth: | Entrepreneur |
| Last Updated: | 2021 |
Is Run DMC and Russell Simmons related?
Formed in 1982 in Hollis—a middle-class, predominantly African American section of the New York City borough Queens—Run-DMC was managed by Russell Simmons, who was the brother of group member Run and was cofounder of Def Jam, one of the most successful Black-owned record companies.
Who started Def Jam?
Rick Rubin
Russell Simmons
Def Jam Recordings/Founders
1983: Rick Rubin Creates Def Jam Recordings The 20-year-old came up with the idea for a label while sitting in his Weinstein New York University dorm room. The Long Island native took a loan from his parents, and Def Jam Recordings began to take form.
What was Russell Simmons nickname?
Rush
While there, he met Rudy Toppin, who gave Simmons the nickname “Rush,” and brought him into the world of music promotion and hip-hop introducing him to the sounds of Eddie Cheeba.
What country does Russell Simmons live?
After four years, it sold, and Simmons is reported to now be living in Bali, where there is no extradition treaty to the U.S. (via Consequence of Sound). The house certainly got a lot of admirers when it was owned by the couple. Here’s why it was so iconic.
What is Russell Simmons ex wife name?
Kimora Lee Simmons1998 – 2009
Russell Simmons/Ex-spouses
Russell Simmons is taking his ex-wife, Kimora Lee Simmons, and her current husband, Tim Leissner, to court, accusing the couple of fraud.
How long was Jay Z president of Def Jam?
This reportedly left Dash and Biggs bitter. The imprint was reportedly sold for $10 million. Hov held the position of Def Jam president/CEO for three years before stepping down in 2007.
What is Russell Simmons famous for?
Russell Simmons is an American entrepreneur, record producer, author and activist. He’s best known as the co-founder of Def Jam Recordings. His business ventures include Phat Farm, Argyleculture, Global Grind, Tantris. He’s the chairman and CEO of Rush Communications.
What is Russell Simmons religion?
Russell Simmons has been vegan since 1998, and advocates the adoption of veganism citing animal rights along with the environmental and health benefits. He is also a Buddhist.
Does Russell Simmons own Def Jam?
Russell Simmons and Rick Rubin founded the Def Jam record label in 1983 with $8,000 of their own money. In 1999, Simmons sold the label to Seagram’s Universal Music for an estimated $120 million.
What companies does Russell Simmons own?
Simmons’ company, Rush Communications Inc., includes over ten businesses and three non-profits. Simmons, with his partner Stan Lathan , has also produced television hits HBO’s Def Comedy Jam and Def Poetry Jam , and currently has a development deal with HBO.
https://www.youtube.com/watch?v=1iYNbwAZ0YU