Russell Simmons Sells New Jersey Mansion for $10 Million

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Russell Simmons doesn’t exactly hide his wealth. He just published a book called ‘Super Rich: A Guide To Having It All.’ Simmons continues to add to his hefty bank account with the recent sale of his trademark mansion located in New Jersey for a reduced price of $10 million.

The expansive property was originally listed in August 2006 at an asking price of $24 million. As reported by Homes of the Rich, the Saddle River, N.J. property dropped from that figure to $20 million and then slowly trickled down to the lower asking price. The property runs approximately 35,000 square-feet and has an incredible amount of amenities including a 50-seat home movie theater and majestic indoor pool. The deal was completed on Feb. 15 to a buyer that wishes to remain private.

Source: http://www.theboombox.com/2011/02/25/russell-simmons-sells-new-jersey-mansion-for-10-million/

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