Russell Simmons’ Business Partner Claims He’s Been Screwed Out Of Millions

Russell Simmons’ Business Partner Claims He’s Been Screwed Out Of Millions
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Russell Simmons’ and Reverend Run’s business partner is gearing up to sue the hip hop moguls — accusing them of having wrongfully collected millions in profits from their kids shoe company!

 

Lawyers for Rasheed Young — President of Run Athletics — sent Russell and Rev. Run a letter back in November, accusing his partners of funneling millions in revenue secretly from their  brand of footwear … into a company that Rasheed is in no way connected to.

Rasheed claims Pastry has collected tens of millions in sales — and thus far, he hasn’t seen a penny of it!

According to TMZ, Russell and Rev. Run have been avoiding him ever since he sent the letter — ignoring  Rasheed’s demands!

Rasheed’s demanding the brothers make changes to their fucked-up business structure … and pay him his share of the shoe profits.

If they don’t…Rasheed says he’ll sue!

 

Ashton Tyler | Elite. 

Photo Credit: Jason Merritt/Getty Images

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Max Grunner

Elite Daily is a medium for people tired of disingenuous content; we have sought to create a space where stimulating, applicable content can reach a like-minded audience.

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