Russell Simmons
Russell Wendell Simmons is an American entrepreneur, writer, and record executive.
He co-founded Def Jam Recordings and created fashion lines like Phat Farm.
Simmons played a crucial role in promoting hip-hop artists and culture, signing influential acts like Beastie Boys and Jay-Z. He has also been an advocate for veganism and yoga, publishing books on healthy lifestyles and entrepreneurship.
In 2017, Simmons faced multiple sexual assault allegations, which he denied.
Subsequently, he stepped down from his business roles and charities.
His net worth was estimated at $340 million in 2011, reflecting his success in various industries.
