Russell Simmons Recovers Celsius Shares Worth $350M From 1MDB Forfeiture Case
Russell Simmons is about to see a massive payday from nearly 10 million Celsius Energy drink shares that were caught up in one of the biggest international money-laundering schemes in modern history. A Brooklyn federal court approved the settlement this week, and the Def Jam co-founder’s getting a cut of stock worth over $350 million at current market prices, though exactly how much he’ll pocket remains under wraps. The catch?
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