Russell Simmons

Russell Wendell Simmons (born October 4, 1957) is an American business magnate. The Chairman and CEO of Rush Communications cofounded the hip-hop music label Def Jam and created the clothing fashion lines Phat Farm, Argyleculture, and Tantris. Simmons most recently launched All Def Digital, an original content channel on YouTube with over a million subscribers. Simmons has been described as the third richest figure in hip hop, having a net-worth estimate of $340 million in 2011.