Despite being worth a reported $350 million, media and fashion mogul Russell Simmons resists labeling himself a money man. Instead, he prefers the embellishment “business yogi.”
“A business yogi is someone who upholds humanity in all of his or her business dealings,” Simmons told WEALTH magazine in an exclusive interview in his Seventh Avenue office in New York. “Someone who puts the betterment of the human condition before making a profit.”
Known for his role in launching Def Jam Records and catapulting the musical careers of hip-hop artists the Beastie Boys, Run DMC, 50 Cent and Jay-Z, Simmons began his entrepreneurial career with a Jewish punk rocker named Rick Rubin in 1984. (more…)






