Russell Simmons is one of the prominent names in the music industry, he established one of hip-hop’s biggest labels. The Queens, New York, native may be living a life out of the spotlight in Bali, but his income is still appreciable.
What is Russell Simmons’ Net Worth?
For those who may be wondering what the current status of Russell net worth might be, we can report that the legend net worth is doing massively well in 2023, the entrepreneur has an estimated net worth of about $350 million.
He established Def Jam Records with Rick Rubin in 1984 while they were still in school as students. However, the label since its establishment has signed some notable notorious artists and groups like the Beastie Boys, Public Enemy, LL Cool J, and the Run DMC.
After much progress in their business, his portion of Def Jam in 1999 was sold for $100 million.
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