Russell Simmons "Work Hard...Play Harder" Lounge Sponsored by Courvoisier and W Hotel - Arrivals

Russell Simmons and Steve Rifkind (Photo by Jean-Paul Aussenard/WireImage)




In February 2009, after splitting with ex-wife Kimora Lee Simmons, the mogul agreed to pay $40K per month in child support for daughters Ming and Aoki. The payments will continue until the girls are 19.

Steve Rifkind

Russell Simmons and Steve Rifkind announce the launch of ADD52 at SXSW. ADD52 will be a platform for emerging artists and will debut one original song and video each week by unsigned acts for fifty-two consecutive weeks. New artists will be found through ADD52 monitoring of social media activity and compiling data.

If selected, the artist will be eligible for mentorship from someone in the industry, a bigger budget for production and studio time.  The artist will also get exposure on Samsung's new streaming radio service Milk Music.