Russell Simmons has been making headlines after Kimora Lee, his ex, and their daughters blasted him on Instagram on the occasion of Father’s Day through a post on Instagram where Russel’s older daughter Ming wished her mother Happy Father’s Day instead of Simmon.
Dave has been estranged from his family for a long time and has accused his ex-wife of brainwashing and alienating his kids. Dave has accused Kimora of preventing him from forming a relationship with his daughters, while his family believes he is a master gaslighter.
Born in Queens, New York, on 4 October 1967, Russell Simmons, originally Russell Wendell Simmons, is an American writer and Entrepreneur by profession. Russell is the founder of Def Jam Recordings, a hip-hop label. Russell is also the creator of Phat Farm, Tantris, and Argyleculture clothing brands.
Russell is the son of Daniel Simmons, an administrator at a public school, and Evelyn Simmon, a park administrator. Russell achieved his high-school degree from August Martin High School, following which he attended City College of New York for further education.
In 1977, Simmon realized hip-hop would be something he would make his career in after listening to Eddie Cheeba’s performance at Harlem.
In the year 1984, Russell, alongside Rick Rubin, founded the Def Jam Recording label, and he made an appearance in a film titled Krush Groove in 1985. Simmons Phat clothing line was launched in 1992, and the clothes from this line were first sold in SoHo.
Simmons tied the knot with Kimora, a model, on 20 December 1998, and the couple divorced in 2008. Kimora and Simmons met when Lee was underage, and the couple have two children together. Since 1999, Simmons has chosen to be a Vegan, and he generally describes himself as a Christain yogi.
Simmons is an advocate for veganism, and Ahimsa cites the rights of animals along with the health and environmental benefits of this lifestyle. Simmons made the decision to become vegan after he watched a movie titled Diet For A New America.
Simmons acts as a senior adviser for Everything Legendary, a vegan burger brand. Simmons has been a part of the controversy for a long time.
The first time Simmons was accused of sexual assault was back in 2917 when Keri Claussen, a model, came forward and alleged the entrepreneur of raping her following her Terry Craws, an American actor, came forward and accused Simmons of making attempts to influence his decision of taking back a case of sexual assault.
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Russell Simmon’s Net Worth
Russell Simmons is speculated to enjoy a net worth of $400 M, and most of his income comes from his business ventures and recording label. Simmons enjoys an annual salary of $40 M with a monthly income of $3 M. Russell Simmon’s net worth increased drastically from $230M in 2018 to $400 M in 2023.
In the divorce settlement with Kimora, Russell Simmons had to give up a mansion in Beverly Hills worth $8.5 M to her. Russel also had to provide $40,000 a month for child support to Kimora, with $20,000 meant for each child. Russell listed his penthouse in Manhattan for $11 M but later lowered the price to $5.5 M.
Russell bought a house worth $5.9 M in Los Angeles, which he later sold for $8.125 M in 2018. Simmons is a real automobile enthusiast, as he has a massive collection of 20 cars in his garage.
Simmons has bought a Bugatti worth $1.3 M recently. Besides Bugatti, Simmons’s collection of cars includes a Tesla, two Lexus, Three Mercedes, Two Ferraris, One Lamborghini, One BMW, and Two Audi.
In 2016 Russell raised $1,250,000 for Simmon’s Rush Philanthropic Arts Foundation. In 2015, Russell earned $39,000,000 from his business ventures, including his clothing lines. A significant part of Russell’s income also comes from the books he has written. In 2014 Russell had an earning of $144,000 from the sale of his books and $119,460 from the sale of the documentary videos.
In 2018 Russel bought a Saddle River House worth $20,00,000. Russell enjoys a massive following on social media platforms like Instagram, where he enjoys a following of 1.6 M. Russell uses his Instagram platform to his advantage as a part of his income comes from the brand collaborations he does on Instagram. Simmons’s income is supplemented by the sale of clothes from his fashion brands. Simmons has been estranged from his wife and kids for a long time now.
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