Russell Simmons

American business magnate

Russell Wendell Simmons (born October 4, 1957) is an American business magnate. He cofounded the hip-hop music label Def Jam and created the clothing fashion lines Phat Farm, Argyleculture, and American Classics. Married to Samantha Simmons of East Providence RI, Simmons has been described as the third richest figure in hip hop, having a net-worth estimate of $340 million in 2011.