Russell Wendell Simmons is an American entrepreneur, record executive, writer, and film producer. He is chairman and CEO of Rush Communications, co-founded the hip hop music label Def Jam Recordings, and created the clothing fashion lines Phat Farm, Argyleculture, and Tantris. Simmons' net worth was estimated at $340 million in 2011. Simmons has been accused of serious sexual misconduct and assault by 20 women, and stepped down from his positions in Def Jam Recordings and other companies as a result of these allegations. In 2018, it was reported that Simmons had moved to Bali, Indonesia, where there is no extradition treaty to the U.S.