Russell Simmons managed Run-DMC and supposedly made millions. Why didn’t he instruct Jay to manage his finances and pay his taxes? “To say I made millions from Run-DMC is an absolute lie,” Simmons told Playboy. “Everybody got jerked. That’s how it was for rappers in those days … I did the best I could to advise him and to find opportunities for Jay. I’m not a business manager. I introduced him to financial managers, but I couldn’t force him to pay his taxes. He was a grown man.”
