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Russell Simmons net worth and salary: Russell Simmons is an American record executive and entrepreneur who has a net worth of $340 million. Simmons is best known for his involvement in the music industry. He co-founded the legendary record label Def Jam Records and served as the CEO for Rush Communications, Inc. Although this entrepreneur’s career has been undoubtedly successful, his life has also been marred by controversy. Serious allegations of sexual misconduct and even sexual assault have plagued his public reputation. As a result, he stepped down from his roles within his many companies. In addition to music, Russell Simmons has generated considerable income through a range of original clothing lines. Simmons is also an avid writer and has contributed to various well-known publications. He has strong views on subjects such as animal rights and politics. Early Life: Russell Simmons was born in the Queens borough of New York on October 4th of 1957. He was raised in Maryland by his father, a public school administrator, and his mother, a parks administrator. Simmons has stated that during his upbringing, drug use was widespread in his neighborhood. He became involved in the criminal lifestyle that surrounded the drug trade from a young age and took drugs himself. Although his father tried to encourage Russell to find honest, legitimate jobs, the boy was more interested in participating in gang culture. This continued until one of his fellow gang members was murdered. Russell Simmons decided that he should take school more seriously and enrolled in the City College of New York in Harlem. While he was studying sociology, Russell connected with several pioneers of the hip-hop movement, including Kurt Walker and Eddie Cheeba. Upon hearing the latter perform, Russell knew that he would focus on making hip-hop popular throughout his life. Early Career: Russell Simmons connected with Kurt Walker to create a single called “Christmas Rappin.” Through shrewd promoting decisions, Russell Simmons managed to negotiate a record deal through the label Blow. After the single sold 500,000 copies, Simmons dropped out of college to fully pursue opportunities in music. Simmons’ younger brother, Joseph, was also heavily involved in the blooming hip-hop movement. He and two friends had formed a group, and Russell Simmons helped them produce various tracks. He would later help the group, which would eventually become known as Run-DMC, negotiate a record deal. One year later, Russell Simmons met a producer named Rick Rubin, who had already started Def Jam Records. Russell Simmons was brought on board as an equal partner, and the two producers helped a 16-year-old LL Cool J record the label’s first release. This release ultimately led to a distribution deal with Columbia, helping put Def Jam Records on the map. Breakthrough: Although LL Cool J helped Def Jam take its first steps towards success, later signings proved to be even more profitable. The Beastie Boys became a worldwide phenomenon when they released Licensed to Ill through Def Jam. After many other major success stories, Rick Rubin left the label in 1988. Six years later, Rusell Simmons sold half of the label to Polygram for $33 million. Two years afterward, Rick Rubin sold his shares in the company for $120 million to Universal Music Group. In 1999, Simmons sold the remainder of Def Jam to Seagram for $130 million. Def Jam continues to exert incredible influence over the hip-hop genre. Expanding His Media Influence: Even before the sale of Def Jam Records, Simmons was expanding his media influence. He started a production company called Simmons Lathans Media Group and helped create shows like The Def Comedy Jam. He also established Rush Communications, Inc. This conglomerate contains 10 businesses and three non-profit organizations. Through Rush Communications, Simmons co-produced the Eddie Murphy film The Nutty Professor. Clothing Lines: Russell Simmons started three clothing lines; Phat Farm, ArgyleCulture, and Tantris. Phat Farm became immensely popular as a result of the growing hip-hop movement and was sold to Kenwood in 2004 for $140 million. ArgyleCulture was aimed at millennial men, while Tantris focused on yoga apparel. Further Business Ventures: In 2013, Russell Simmons founded Unirush LLC, a company that provided pre-paid debit cards to low-income individuals. In 2017, this company was sold to the Green Dot Corporation for $147 million. Rush Communications became involved in a vast range of other business ventures, including energy drink companies, websites, and book publishing. Russell used the latter to publish various self-help books, such as Do You! and 12 Laws to Access the Power in You to Achieve Happiness and Success. Veganism: In 1999, Russell Simmons became a vegan. He is outspoken about matters related to animal rights and supports various groups that fight to end animal suffering. In 2015, he released a book called The Happy Vegan: A Guide to Living a Long, Healthy, and Successful Life. Controversy: In 2017, a model named Keri Claussen Khalighi accused Russell Simmons of raping her in 1991. Khalighi was 17 at that time. This was the first of many allegations that were eventually aimed at Simmons. Writer Jenny Lumet also accused Russell Simmons of raping her, again pointing to an incident in 1991. This time, Simmons stopped playing a leadership role in all of his businesses. Several companies, including HBO, made moves to distance themselves from the entrepreneur. Before 2017 could come to a close, The Los Angeles Times had published five separate accounts of women who had been the victim of sexual misconduct or sexual assault at the hands of Simmons. The New York Times soon followed with a further four accounts from new women, including more rape allegations. In the end, a total of 13 women came forward with these allegations. Russell Simmons denied everything, sold his assets, and relocated to Bali. At least one of his accusers suggested that Simmons chose Bali because the nation doesn’t have an extradition treaty with the United States. Personal Life: Russell Simmons married Kimora Lee in 1998. The couple had two daughters together but divorced in 2008.

Juelz Santana net worth: Juelz Santana is an American rapper and actor who has a net worth of $3 million dollars. A rap artist, actor, and producer, Juelz Santana gained widespread recognition for his hit single, “There It Go (The Whistle Song)” from his second album. “There It Go” reached #6 on the Billboard Hot 100. Santana was born LaRon Louis James in Harlem, New York in February 1982. He started rapping at five years old and started the duo Draft Pick at 12. Draft Pick was signed to Priority Records and when he was 18 Juelz made an appearance on Cam’ron’s album S.D.E. He joined Cam’ron in The Diplomats and they signed with Roc-a-Fella in 2002. Santana’s 2002 mixtape Final Destination got him mainstream recognition. His debut album From Me to U was released in 2003 and hit #8 on the Billboard 200 chart. In 2005 his second album What the Game’s Been Missing! was released. The album’s biggest single “There It Go” made it to #3 on the Hot Rap Tracks and #6 on the Billboard Hot 100. The album and single were both certified Gold. With The Diplomats he released Diplomatic Immunity in 2003 and Diplomatic Immunity 2 in 2004. He has been working on his album Born to Lose, Built to Win since 2007. His recording studio was raided in 2011 and he was arrested for multiple charges including possession of firearms and controlled substances. He was sentenced to two years probation in 2013 for threatening to kill his neighbor. Juelz Santana has appeared on the reality TV series Love & Hip Hop: New York from 2011 to 2012 and again starting in 2016. As an actor he has appeared in the films State Property: Blood on the Streets, Killa Season, The Project, Red Apples Falling, and Video Girl. In 2004 Santana was nominated for a Grammy Award with Cam’ron for Best Rap Performance by a Duo or Group for “Dipset (Santana’s Town)”. Legal troubles: In March 2018, Juelz was arrested for trying to take a loaded gun onto a plane at Newark International Airport. Security also found eight oxycodone pills in his bag. In December 2018 Juelz was sentenced to serve 27 months in jail related to the charges.

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