5 Blockbuster Hip-Hop Business Deals
- By
MadameNoire
Russell Simmons
Rusell Simmons may well be considered the God-father of hip hop businessmen. In 2004. he sold his clothing line Phat Farm for nearly $140 million to Kellwood Company. That deal came just five years after he handed over the reigns on Def Jam allowing Universal Music Group to buy him out for a cool $100 million.
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