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Russell Simmons

Russell Simmons is an American entrepreneur and record producer. Simmons was the former owner of the pioneering hip-hop label Def Jam, a founder of Russell Simmons Music Group, and the creator of the clothing fashion line Phat Farm and the fragrance label Atman. Russell Simmons is the fourth richest hip hop entrepreneur, having a net-worth estimate of $340 million, behind Jay-Z ($547M) , 50 Cent ($440M) and Sean Combs ($358M) .

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