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Rush Hour

By: Jennifer ReingoldWed Dec 19, 2007 at 12:44 AM
Russell Simmons, the godfather of hip-hop, has used street smarts and a platinum Rolodex to create a $300 million conglomerate. Now he's flexing his political muscle. Come inside the frenetic world of a modern entrepreneur.

That would be plenty for any normal planetary being to handle, but Russell Simmons is not normal. He is 46 going on 12, with the manic energy of a teenager and the goofy, almost cartoonish grin of someone who can't believe how great life is. Easygoing, profane, and hilarious, Simmons regularly speaks all over the country to everyone from small-town entrepreneurs to Harvard MBAs, is photographed at every social event, takes an intensive yoga class every single day, and somehow makes it home every night to his palatial 35,000-square-foot spread in Saddle River, New Jersey, to see his two daughters, Ming Lee, 3, and Aoki Lee, 11 months. He has a platinum Rolodex of friends and contacts whose scope boggles the mind. How does he keep it together?

"Everybody around me is smarter than me," he says. "I don't keep track of shit, and I don't have to worry about nothing." Yeah, right. Simmons may not know what's happening on any particular day--"I had a 1 o'clock? What's that about?" he yelps at his best friend, the speakerphone--but he is, in fact, deeply involved in most aspects of his company, whether it's adding buttons on a suit, tinkering with the color of the sports drink, or canning a sneaker commercial that's already been shot. Simmons's management style is a mix of the business skills he learned selling fake coke on the streets of Queens; a mellow nonjudgmentalism, which he credits to his yoga practice; and the eclectic curiosity and unfailing optimism of a born entrepreneur.

Simmons can happily have a political dialogue with New York governor George Pataki or former Israeli prime minister Shimon Peres, and just as happily hang out with his friend Spuddy from Hollis, the Queens neighborhood where he grew up. Although Simmons moves effortlessly from Hamptons polo matches to the clubs frequented by 50 Cent, the rapper who's been shot nine times, he doesn't change much. He still graciously accepts tapes from the eager wannabe rappers whom he runs into on the street. He wears a Timex, although he owns part of a Swiss company, Grimoldi, whose watch faces are encrusted in diamonds. "What you see is what you get," says Donny Deutsch, chairman and CEO of Deutsch Inc., an advertising agency that has worked with Simmons. "He doesn't pretend to be what he's not."

Simmons is a man of contradictions. A true yoga fanatic who goes every afternoon to a class, no matter where he is, as well as a vegan, he has no trouble buying his wife a Bentley or building a home that some call a shrine to conspicuous consumption (it does have a meditation room). "Being a renunciate [a term for someone who gives up material benefits for spiritual reasons] is bullshit," he says. "Yeah, we've got this tremendous house, we got a flower man, a fish man, Basquiats, Warhols, a bunch of crap in here. But to deprive yourself of the world's toys is different from not being attached to them."

Simmons supported a PETA-led protest against the treatment of chickens at KFC, yet at the same time let a collar of real fur sneak into his men's clothing line. He is close to Minister Louis Farrakhan and actively defends the idea of reparations to African-Americans for slavery, yet is just as happy to break bread with Ronald Perelman or Donald Trump. ("He's my nigga," he says affectionately of The Donald. Responds Trump, after a pause: "I think that's a great compliment, and I think I will thank him for that.") He gets on with nearly everyone, and that has made him a political and economic force to reckon with.

One thing Simmons is not is a by-the-book details guy. He surrounds himself with people he trusts to handle the day-to-day aspects of his business. He is a kind of grand pooh-bah of marketing, a master brander and hype creator who leverages his reputation as the grandaddy of hip-hop to bring people together and let things combust. "Not only does he have a finger on the pulse of popular culture," says Tommy Hilfiger, a friend and rival, "but he also truly recognizes raw material and understands how to turn that potential into a marketable product."

Simmons is happiest as a connector of people and trafficker of information. He has always focused on the common interests of people from various races and classes, rather than their differences, and spends much of his life trying to bring together people with similar goals but disparate backgrounds. "He's just interested in people," says Island/Def Jam CEO Lyor Cohen, "and because he's interested, they're interested. He wants to know the nuances of how other people live, receive art, and experience culture. It has nothing to do with adding a number to the Rolodex. When you cut him open, that's what he bleeds."

From Issue 76 | November 2003

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April 17, 2008 at 11:23am by THELMA SHEARIN

Complaint: Sent: Friday, February 29, 2008 11:59 AM
To: agent@rushcard.com; complaints@complaints.com; Shearin, Thelma (DMHMRSAS)
Subject: DO NOT DELETE - SERIOUS PROBLEM

To Whom It Concern:

I am contacting all media and newspapers I can until Russell Simmons hears about this.

This is just one email that I sent to rushcard agents. I only got an auto response saying they receive my complaint, nothing else.

I would like to say that the TV stations are advertising Rushcard.com so people can obtain a debit card, well this is a rip off. When you join rushcard.com, you have to pay 1.95 + whatever the atm charges which is usually 2.50 to 3.00, which I usually pay 4.95 to get my own money, and you have to pay 1.00 on swiping transactions.

I have a Rush card and I tried to withdraw my money on payday on February 1, 2008 for 780.00 from Bank of America's Atm Machine. The machine did not dispense my money. I tried to do the transaction again, now it was insufficient funds. I didn't receive the money at all. I went inside to talk to the people at Bank of America and they said they couldn't help me, that I would have to talk to my Bank (rushcard). I called Rushcard and talked to some foreign person (which is always the case, and you can't never understand what they are saying) in which they told me that I would have to fill out some Error allegation papers which they faxed to me and I faxed back 5 times.

I have been calling Rushcard since my money was taken, and all I can get is a foreign person telling me the papers have been forwarded to their corporate offices which no one seems to have the number to. I have sent all necessary paper work, and they tell me its going to take 90 days. I feel like it didn't take 90 days or seconds for them to take my money and put it in the hold status so why can't they just give me my money back. A guy named Victor has called me twice asking me for a receipt from that day. I faxed the receipt along with the other papers, but the only receipt that Bank of America's ATM gave me only showed by balance, nothing more and nothing less. That is all I have. That receipt has the number on transaction number on it and I have called the ATM network services and they said they don’t see why my bank is taking so long to give me my money because their records indicate that I didn’t get my money that day, but they can’t issue my money, my bank has to do it.

780.00 might be chump change to Russell Simmons and his associates but it's a hell of a lot to a working person such as myself. I want my money back and if I don't receive my money, legal and media actions will be taken as well as the internet. People need to know about this RUSHCARD that is advertised on TV. with the high fees, and no dispense of money. Because of this, I have surely cancelled my direct deposit. This happen 3 times to me, but it won’t happen again because I have cancelled my direct deposit with this company. I’d rather wait on my check being mailed then to mess with this company ever again.

There are a lots of complaints found on the internet and it's a lot more people complaining. All I get is a foreign person telling me it takes up to ninety days. Well May 1 will be ninety days, I don't know what the hold up is but if my money is not there on May 1, I will be pursuing this at a higher level. All I want is my money back that I worked damn hard for. I didn't work to give my money away especially to rich people.

For other complaints refer to: http://russellsimmons.humanarchives.org/guestbook, http://www.creditcardbling.com/comments/gbook.php. These are only a few. You can find more by doing a internet search and typing in Complaints about Russell Simmons rush card.
Thelma Shearin