This mogul for so long is having a tough time moguling because of all the sexual assault charges.
With his ex, also desperate for money, the mogul has been selling off possessions to pay her bills and his legal fees/settlements.
Kimora Lee Simmons
Russell Simmons hits paydirt selling five-bedroom, six-and-a-half bathroom LA mansion just above the Sunset Strip for $8.125 million
Russell Simmons, one of the powerful media moguls accused of sexual misconduct, has sold a five-bedroom, six-and-a-half bathroom mansion he owned above the Sunset Strip in Los Angeles for $8.125 million.
The New York City native, 60, who’s denied accusations from 18 women, made a healthy profit on the 6,085 sq. foot property from the sale, coming up about $2.247 million from the $5.887 million he plunked down for it in 2013. – Source