RUSSELL SIMMONS: Diamond Initiative Garners Special Honor

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By Karu F. Daniels, AOL Black Voices

For his groundbreaking Diamond Empowerment Fund, Russell Simmons will be feted with a special honor.

On Oct. 7, the celebrated hip-hop impresario will receive the "Hollywood Soul" award during the 2007 Hollywood Style Awards, held at the Pacific Design Center's SilverScreen Theater in Los Angeles.

The announcement was made by A Diamond is Forever, which is a sponsor of the event.

The mission of the DEF, which the Def Jam Records visionary founded earlier this year, is to raise money to support educational and skill-development schools, colleges and other institutions that empower economically disadvantaged people and communities in African countries.

"Giving is sexy, so anytime you can do something for someone other than yourself, do it," Simmons told The BV Newswire. "Those are the really lasting gifts.

The former Phat Farm honcho's jewelry enterprise -- Simmons Jewelry Company -- designs and manufactures the popular Green Initiative bracelet made from native African materials - genuine green malachite beads and a rough diamond.

It retails for about $125.

Twenty dollars from each bracelet, considered a must-have item worn by celebrities such as Beyoncé, Chris Tucker, David Beckham, Ludacris, Penelope Cruz, Serena Williams, and T.I., is donated to raise funds for educational programs in Africa.

"For me," he continued, "the work we do to raise money for the Diamond Empowerment Fund to help Africa come from our heart and is one of the most important things I've dedicated myself to. If the exposure around receiving this award brings more attention to this cause, that's a good thing."

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