Russell Simmons

Russell Wendell Simmons (born October 4, 1957) is an American entrepreneur, writer and record executive. He co-founded the hip-hop label Def Jam Recordings, and created the clothing fashion lines Phat Farm, Argyleculture, and Tantris. Simmons' net worth was estimated at $340 million in 2011.After producing or managing artists such as Kurtis Blow, Run DMC, Whodini, and Jimmy Spicer, Simmons joined forces with producer Rick Rubin to found Def Jam Recordings. Under Simmons' leadership as chairman, Def Jam signed acts including the Beastie Boys, Public Enemy, LL Cool J, Jay-Z, DMX, and Kanye West. From 1992 to 1997, he also produced the Def Comedy Jam television program.