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World's Richest Rappers, 2021.
What is Russell Simmons’s net worth?
Def Jam founder Russell Simmons barely misses the cut with a fortune of $110 million. Also not on the list: Linda Johnson-Rice, chief exec of Johnson Publishing Co. Her father, John H. Johnson (died 2005), founded the company with a $500 loan from his mother in 1942 to publish Negro Digest.
What does Russell Simmons do for a living?
Russell Wendell Simmons (born October 4, 1957) is an American entrepreneur, record executive, writer, and film producer. He co-founded the hip-hop label Def Jam Recordings, and created the clothing fashion lines Phat Farm, Argyleculture, and Tantris.
Where did Russell Simmons grow up?
Russell Wendell Simmons was born in the Hollis neighborhood of New York City's Queens borough on October 4, 1957. His father was a public school administrator and his mother was a park administrator for the New York City Parks and Recreation Department.
What does Russell Simmons stand for?
Jump to navigation Jump to search. Russell Wendell Simmons (born October 4, 1957) is an American entrepreneur, record executive, writer, and film producer. He is chairman and CEO of Rush Communications, co-founded the hip-hop music label Def Jam Recordings, and created the clothing fashion lines Phat Farm, Argyleculture, and Tantris.
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How much is Russell Simmons worth today?
Simmons' net worth was estimated at $340 million in 2011....Russell SimmonsBornRussell Wendell Simmons October 4, 1957 New York City, U.S.OccupationEntrepreneur, writer, record executiveYears active1984–present4 more rows
Is Russell Simmons still rich?
Russell Simmons is an American record executive and entrepreneur who has a net worth of $340 million. Simmons is best known for his involvement in the music industry. He co-founded the legendary record label Def Jam Records and served as the CEO for Rush Communications, Inc.
Is DJ Khaled the richest DJ in the world?
DJ Khaled is an American/Palestinian record producer, radio personality, DJ, record label executive, and author. Khaled is also president of the record label 'Def Jam South' and CEO and founder of 'We the Best Music Group'....Net Worth:$75 MillionSource of Wealth:DJ/Record ProducerLast Updated:20213 more rows•Apr 9, 2022
How did Russell Simmons get rich?
He launched a clothing business, Phat Farm, in 1992 and expanded it to become Phat Fashions before selling the company to Kellwood in 2004 for a reported $140 million. (He also formed two other clothing lines, ArgyleCulture "for the millennial male" and Tantris, which makes yoga apparel).
What is Snoop Dogg's networth?
Snoop Dogg Net WorthNet Worth:$150 MillionDate of Birth:Oct 20, 1971 (50 years old)Gender:MaleHeight:6 ft 3 in (1.93 m)Profession:Musician, Actor, Television producer, Film Producer, Rapper, Film Score Composer, Screenwriter, Singer-songwriter, Record producer, Voice Actor1 more row
Is Spike Lee a billionaire?
Spike Lee is an American movie director, writer, producer, actor, and college professor who has a net worth of $50 million. He has produced more than 35 films since 1983 through his production company, 40 Acres and a Mule.
Is Lil baby a billionaire?
Lil Baby is worth one hundred million dollars. According to the rapper's latest post on Instagram, he's locked in his first $100 million, revealing his updated net worth in his caption.
Is Justin Bieber a billionaire?
Introduction. As of 2022, Justin Bieber's net worth is roughly $285 million. Justin Bieber is a Canadian singer and songwriter, who achieved success at a very young age. In fact, he's only 26 years old at the moment and everybody knows about him!
How rich is Rick Ross?
Rick Ross is an American rapper, songwriter, entrepreneur, record executive, producer and CEO who has a net worth of $45 million.
Who is the richest rapper?
Top 10 Richest Rappers in the World & Their Net Worths# 8. Lil Wayne - $158 Million Net Worth. ... # 7. Drake - $190 Million Net Worth. ... # 6. Eminem- $220 Million Net Worth. ... # 5. Master P- $245 Million Net Worth. ... # 4. Dr. ... # 3. Diddy- $895 Million Net Worth. ... # 2. Jay Z- $1.05 Billion Net Worth. ... # 1. Kanye West- $2.9 Billion Net Worth.More items...
How much is $0.50 worth?
50 Cent is an American rapper, producer, actor, and entrepreneur. As of this writing, 50 Cent's net worth is $40 million. During his career to date, 50 Cent has earned at least $260 million from his various endeavors, notably selling records, touring, and several brand partnership deals.
What is Master P's net worth 2020?
Master P is an American rap mogul, entrepreneur, and film producer who has a net worth of $200 million.
How much is Russell Simmons worth?
Russell Simmons net worth and salary: Russell Simmons is an American record executive and entrepreneur who has a net worth of $340 million. Simmons is best known for his involvement in the music industry. He co-founded the legendary record label Def Jam Records and served as the CEO for Rush Communications, Inc. Although this entrepreneur's career has been undoubtedly successful, his life has also been marred by controversy. Serious allegations of sexual misconduct and even sexual assault have plagued his public reputation. As a result, he stepped down from his roles within his many companies. In addition to music, Russell Simmons has generated considerable income through a range of original clothing lines. Simmons is also an avid writer and has contributed to various well-known publications. He has strong views on subjects such as animal rights and politics.
Where was Russell Simmons born?
Early Life: Russell Simmons was born in the Queens borough of New York on October 4th of 1957. He was raised in Maryland by his father, a public school administrator, and his mother, a parks administrator. Simmons has stated that during his upbringing, drug use was widespread in his neighborhood. He became involved in the criminal lifestyle that surrounded the drug trade from a young age and took drugs himself. Although his father tried to encourage Russell to find honest, legitimate jobs, the boy was more interested in participating in gang culture. This continued until one of his fellow gang members was murdered.
What clothing lines did Russell Simmons start?
Clothing Lines: Russell Simmons started three clothing lines; Phat Farm, ArgyleCulture, and Tantris. Phat Farm became immensely popular as a result of the growing hip-hop movement and was sold to Kenwood in 2004 for $140 million. ArgyleCulture was aimed at millennial men, while Tantris focused on yoga apparel.
What was Simmons' influence on the media?
Expanding His Media Influence: Even before the sale of Def Jam Records, Simmons was expanding his media influence. He started a production company called Simmons Lathans Media Group and helped create shows like The Def Comedy Jam. He also established Rush Communications, Inc. This conglomerate contains 10 businesses and three non-profit organizations. Through Rush Communications, Simmons co-produced the Eddie Murphy film The Nutty Professor.
Why did Russell Simmons move to Bali?
At least one of his accusers suggested that Simmons chose Bali because the nation doesn't have an extradition treaty with the United States. Personal Life: Russell Simmons married Kimora Lee in 1998.
Why did Russell Simmons drop out of college?
After the single sold 500,000 copies, Simmons dropped out of college to fully pursue opportunities in music. Simmons' younger brother, Joseph, was also heavily involved in the blooming hip-hop movement. He and two friends had formed a group, and Russell Simmons helped them produce various tracks.
When did Russell Simmons become vegan?
Veganism: In 1999, Russell Simmons became a vegan. He is outspoken about matters related to animal rights and supports various groups that fight to end animal suffering. In 2015, he released a book called The Happy Vegan: A Guide to Living a Long, Healthy, and Successful Life.
Who was the first African American billionaire?
Black Entertainment Television founder Robert Johnson became the first African American billionaire in 2000 after he sold the network to Viacom for $3 billion in stock and assumed debt.
How much is Quintin Primo III worth?
Quintin Primo III is worth $300 million. The minister's son grew up in Chicago. He earned his MBA at Harvard in 1979 and took a job in Citicorp's real estate lending division. Primo founded Capri Capital in 1992 with childhood friend Daryl Carter and achieved initial success extending mezzanine loans to small borrowers that larger firms neglected to serve. Today Capri's portfolio is larded with apartment complexes; the firm's assets under management have swelled to $4.3 billion.
How much does Oprah Winfrey make a year?
viewers each week. Her Harpo Productions helped create the likes of Dr. Phil and Rachael Ray. She's produced Broadway shows and has her own satellite radio channel. For all of this, she consistently earns more than $200 million a year.
Who were the near misses of the recession?
Near misses include former Merrill Lynch chief Stanley O'Neal and Citigroup chairman and former Time Warner head Richard Parsons. Both O'Neal and Parsons were compensated primarily with stock and options while at the helms of their respective companies; the value of their stakes in those companies has languished since the onset of the recession, shoving their fortunes below the $100 million mark.
How much is Russell Simmons worth?
Estimated net worth: Very difficult to discover. It’s very easy to tell you that near-namesake and hip-hop mogul Russell Simmons is worth around $340 million , however.
Who are the founders of Silicon Valley?
The company founded by Peter Thiel, Elon Musk, and Max Levchin has spawned three billionaires, many, many millionaires, and generation-defining companies. Here, we break down the key players from the most notorious group in Silicon Valley.
What company did Rabois work for?
After PayPal: Regarded as a very useful person to have around at a start-up, Rabois went onto hold senior positions at LinkedIn (more on that in a minute), Max Levchin’s Slide (a company responsible for slideshows and animations in social networks) and electronic payment firm Square (founded by Twitter’s Jack Dorsey). Controversy accompanied his exit from Square, with a threat of a lawsuit over sexual harassment claims by a male employee who allegedly obtained a job at the company after beginning a relationship with Rabois. Which makes Gawker’s accusations of Rabois’ undergraduate homophobia all the more disturbing. Rabois is now a partner at venture capital outfit Khosla Ventures and serves on the board of directors at Yelp and Xoom.
What Is Russell Simmons' Net Worth and Salary?
Early Life
- Russell Simmons was born in the Queens borough of New York on October 4th of 1957. He was raised in Maryland by his father, a public school administrator, and his mother, a parks administrator. Simmons has stated that during his upbringing, drug use was widespread in his neighborhood. He became involved in the criminal lifestyle that surrounded the drug trade from …
Early Career
- Russell Simmons connected with Kurt Walker to create a single called "Christmas Rappin." Through shrewd promoting decisions, Russell Simmons managed to negotiate a record deal through the label Blow. After the single sold 500,000 copies, Simmons dropped out of college to fully pursue opportunities in music. Simmons' younger brother, Joseph, was also heavily involve…
Breakthrough
- Although LL Cool J helped Def Jam take its first steps towards success, later signings proved to be even more profitable. The Beastie Boys became a worldwide phenomenon when they released Licensed to Illthrough Def Jam. After many other major success stories, Rick Rubin left the label in 1988. Six years later, Rusell Simmons sold half of the label to Polygram for $33 million. Two y…
Expanding His Media Influence
- Even before the sale of Def Jam Records, Simmons was expanding his media influence. He started a production company called Simmons Lathans Media Group and helped create shows like The Def Comedy Jam. He also established Rush Communications, Inc. This conglomerate contains 10 businesses and three non-profit organizations. Through Rush Communications, Sim…
Clothing Lines
- Russell Simmons started three clothing lines; Phat Farm, ArgyleCulture, and Tantris. Phat Farm became immensely popular as a result of the growing hip-hop movement and was sold to Kenwood in 2004 for $140 million. ArgyleCulture was aimed at millennial men, while Tantris focused on yoga apparel.
Further Business Ventures
- In 2013, Russell Simmons founded Unirush LLC, a company that provided pre-paid debit cards to low-income individuals. In 2017, this company was sold to the Green Dot Corporation for $147 million. Rush Communications became involved in a vast range of other business ventures, including energy drink companies, websites, and book publishing. Russell used the latter to publi…
Veganism
- In 1999, Russell Simmons became a vegan. He is outspoken about matters related to animal rights and supports various groups that fight to end animal suffering. In 2015, he released a book called The Happy Vegan: A Guide to Living a Long, Healthy, and Successful Life.
Controversy
- In 2017, a model named Keri Claussen Khalighi accused Russell Simmons of raping her in 1991. Khalighi was 17 at that time. This was the first of many allegations that were eventually aimed at Simmons. Writer Jenny Lumet also accused Russell Simmons of raping her, again pointing to an incident in 1991. This time, Simmons stopped playing a leadership role in all of his businesses. …
Personal Life
- Russell Simmons married Kimora Lee in 1998. The couple had two daughters together but divorced in 2008.