who owns celsius kimora lee simmons
Kimora Lee Simmons does not own Celsius the company; she is an early investor and shareholder in Celsius Holdings, and those shares are at the center of an ongoing legal fight with her ex-husband Russell Simmons, not proof that she âownsâ the brand outright.
Quick Scoop: Whatâs Kimoraâs Connection to Celsius?
- Kimora Lee Simmons became a stakeholder in Celsius years ago as part of a multimillionâdollar investment round led by Horizon Ventures, Russell Simmons, and herself.
- Reports have stated she held hundreds of thousands of Celsius Holdings shares, which she has said came from her own earnings and investments.
- This makes her an investor and shareholder, not the sole or controlling owner of Celsius Holdings, Inc., which is a publicly traded company with many institutional and individual shareholders.
The Celsius Stock Drama With Russell Simmons
This question is trending because of the messy, ongoing dispute between Kimora and Russell over who those Celsius shares really belong to.
- Russell Simmons has sued Kimora Lee Simmons and her former husband Tim Leissner, claiming they improperly used or transferred Celsius shares he says were his, to help with Leissnerâs massive legal and bail obligations.
- In legal filings and public responses, Kimora has denied his claims, insisting the disputed shares were purchased with her own money and that Russell has no valid ownership claim.
Who âOwnsâ Celsius vs. Who Owns Shares
When people ask âwho owns Celsius Kimora Lee Simmons,â theyâre usually mixing up brand ownership with share ownership.
- Celsius Holdings, Inc. is a publicly traded energy drink company; control is spread across many investors, funds, and insiders, not one celebrity owner.
- Kimoraâs role is best described as: earlyâstage investor, significant shareholder (at least at one point), and central figure in a highâprofile lawsuit about who controls certain blocks of Celsius stock.
TL;DR: Kimora Lee Simmons does not own Celsius, but she has been a major investor and shareholder, and those shares are now part of a highâstakes legal battle with Russell Simmons over who they truly belong to.
Information gathered from public forums or data available on the internet and portrayed here.