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Russell Simmons Net Worth 2017: How Much Is Def Jam CEO Worth?

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Russell Simmons, born October 4, 1957, is an American entrepreneur, producer and author. The chairman and CEO of Rush Communications, he co-founded the hip-hop music label Def Jam Recordings and created the clothing fashion lines Phat Farm, Argyleculture, and Tantris.

Born and raised in Queens, New York, Simmons’ father is a public school administrator and his mother a New York City park administrator. His brothers are painter Daniel Simmons, Jr., and Rev Run of Run-DMC.


Russell Simmons Net Worth 2017: $350 Million

Simmons, who co-founded the hip-hop label Def Jam Recordings and created the clothing fashion lines Phat Farm, Argyleculture, and Tantris, has an estimated net worth of approximately $350 million.


1975-1990

After graduating from August Martin High School in 1975, Simmons briefly attended the City College of New York in Harlem where he met a young DJ/Bboy, Kurt Walker, who influenced him to participate in hip-hop. Upon hearing Eddie Cheeba perform at Charles’ Gallery in Harlem in 1977, Simmons knew that hip hop would be his career.

Simmons co-founded Def Jam in 1983 with Rick Rubin who sold his share of the company for $120 million to Universal Music Group in 1996.

In 1985 Russell Simmons co-produced and appeared in the film, Krush Groove.


1991-2010

Simmons and model wife, Kimora Lee met in November 1992 and got married on December 20, 1998. They divorced in 2006.

Russell Simmons has been vegan since 1999


2011-Present

Simmons was awarded the 2001 PETA Humanitarian Award and the 2011 Person of the Year Award.

In 2017, Simmons was listed by UK-based company Richtopia at number 23 in the list of 200 Most Influential Social-Entrepreneurs and Philanthropists Worldwide.

In November 2017, Simmons stepped down as CEO of Def Jam due to allegations of sexual misconduct.

COED Writer
A New Jersey native & Rutgers University graduate who firmly believes it's better to be lucky than good. My goal in life is to one day write a Batman screenplay. You can probably find me somewhere cooking either too little or too much pasta. contact me - eric.italiano@teamcoed.com