Russell Simmons recently sold his New Jersey mansion at a reduced price of $10-million.
As reported by Homes Of The Rich, the home originally went on the market for $24-million and then dropping down to $20-million.
The home has approximately 35,000 square feet which includes a 50-seat home movie theatre and indoor pool.
The home sold on February 15th to an anonymous buyer.
Simmons previously lived at the home with his ex-wife Kimora Lee Simmons and their two daughters.
The mansion was also featured on episode of “MTV Cribs.”