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Russell Simmons Net Worth

Russell Simmons Net Worth

Net Worth: $340 Million

Statistics
  • Source of Wealth Music, Fashion, Other Business
  • Birth Place Queens, New York, United States
  • Height 5’9” (1.79 m)
  • Marital Status Divorced (Kimora Lee)
  • Full Name Russell Wendell Simmons
  • Nationality American
  • Date of Birth October 4, 1957
  • Ethnicity African American
  • Weight 189 lbs (86 kg)
  • Occupation Businessman (Co-founder of Def Jam, Founder of Phat Farm)
  • Education City College of New York
  • Children 2 (Ming and Aoki)
More StatsView More

About Russell Simmons

Russell Wendell Simmons is an American business magnate with an estimated net worth of $340 million. People know him as the most influential businessman in the history of rap music. As co-founder of the Def Jam label, Simmons’ street-friendly taste and marketing savvy helped bring hip-hop crashing into the mainstream of American culture and mass media. Russell Simmons was there before Jay Z, Diddy and Dre and he is the original hip-hop mogul. The former New York street hustler turned promoter, label owner, artist manager and record producer added business magnate and self-help guru to his resume. He had a diverse portfolio of interests and amassed a fortune of more than $300 million. He was able to change the face of hip hop many times over at Def Jam, the label he co-founded with the producer Rick Rubin. Simmons is one of the hip-hop world’s wealthiest entrepreneurs. The man has a variety of interests. Since then, Russell Simmons shifted his focus from records to political commentary and other literary pursuits. Nowadays, he regularly contributes to the Huffington Post and is also editor-in-chief of GlobalGrind.com, a website that creates reviews in the world of hip-hop.

Earnings & Financial Data

The below financial data is gathered and compiled by TheRichest analysts team to give you a better understanding of Russell Simmons's net worth by breaking down the most relevant financial events such as yearly salaries, contracts, earn outs, endorsements, stock ownership and much more.

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Choose Year
  • Earnings 2016
  • Earnings 2015
  • Earnings 2014
  • Earnings 2013
  • Earnings 2011
  • Earnings 2010
  • Earnings 2008
  • Earnings 2004
  • Earnings 1996
  • Earnings 1985
Earnings 2016 N/A
Earning Turned Donation Jul. 2016

Money raised by the Russell Simmons’ Rush Philanthropic Arts Foundation for the At Art For Life Benefit

$1,250,000
Earnings 2015 N/A
Earning Turned Donation Aug. 2015

Donation to Cincy nonprofit to improve the relationship between police and youth in the city

$25,000
Earnings Aug. 2015

Earnings from current business: Rush Communication, the hip-hop music label Def Jam Recordings and clothing fashion lines Phat Farm, Argyleculture, and Tantris.

$39,000,000
Earnings 2014 N/A
Book Sales May. 2014

First week sales of the book Success Through Stillness

$144,000
Earnings 2013 N/A
Earning Turned Donation May. 2013

Donation to anti-violence organization LIFE Camp

$10,000
Earnings 2011 N/A
Asset 2011

Market value of his Lower Manhattan Home

$11,000,000
Earnings 2010 N/A
Asset 2010

Market value of his Saddle River Home

$20,000,000
Earnings 2008 N/A
Book Sales Apr. 2008

First week sales of the book Do You! 12 Laws to Access the Power in You to Achieve Happiness and Success

$144,000
Earnings 2004 N/A
Sale of Asset Oct. 2004

Sale of the clothing and lifestyle lines with Phat Farm

$140,000,000
Earnings 1996 N/A
Sale of Asset Jul. 1996

Sale of his shares in Def Jam to Universal Music Group

$120,000,000
Box Office Sales Jun. 1996

Worldwide Box Office Sales of the movie The Nutty Professor co-produced by Russell Simmons

$273,960,000
Earnings 1985 N/A
Box Office Sales Oct. 1985

Box Office Sales of the film Krush Groove co-produced by Russell Simmons

$11,000,000
Show all earnings