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Russell “Block” Spencer Net Worth, Biography & Wiki 2017
Russell “Block” Spencer was born on the 1st March 1979, in Atlanta, Georgia USA, and is a producer and owner of the record labels which work with R&B and hip hop artists. Currently, Spencer is known as the owner of the record label Block Entertainment. He has been working in the entertainment industry since the middle of 1995.
How much is the net worth of Russell Block Spencer? It has been estimated by authoritative sources that the overall size of his wealth is as much as $10 million, as of the data presented in mid-2017. Music is the major source of Spencer’s net worth.
Russell “Block” Spencer Net Worth $10 Million
To begin with, the boy grew up in Atlanta, later his family moved to Los Angeles. There is little known about his education, but he matriculated from high school in Atlanta. Spencer went on to further education, although he probably didn’t graduate from university, as he decided to focus on business in the entertainment industry.
Concerning his professional career, Spencer began as a producer working with R&B musicians. In addition to this, he was interested in the management of a record label. By 1997, Russell rose to the position of the president of Suave House Records located in Houston, and a few years later, he bought another record company called ShoNuff Records, particuarly known for finding new faces. To give an example, they promoted such artists as Jody Breeze and Ciara, recording their first studio albums.
The new millennium was marked with collaborations with Shawn “Diddy” Combs as well as other producers from Urban Wrestling Federation and Warner Music Group. Alongside Andrew Couser, they launched another record label – Block Entertainment, – which produced artists including Boyz N Da Hood and Yung Joc. The biggest breakthrough came in 2009, when the aforementioned label signed a contract with Bad Boy Records, which is the branch of Warner Music Group. Under this contract the studio album “King Kong” by Gorilla Zoe was released, which took the 56th position on the Billboard Top 200. However, after signing another promising contract with Capital Records, Spencer experienced legal problems related to the illegal distribution of the single “Shut Yo Mouth” by Nitti Beatz. Despite these problems, Russell successfully runs his business finding and promotes new artists. It should also be mentioned, that Spencer has worked with several television projects too, including “The Player’s Club” and “Frienemies”.
Overall, all the above mentioned engagements have added significant sums to the total size of Russell Block Spencer’s net worth.
Moreover, Spencer is active on social networking sites such as Instagram, Twitter and Facebook. He has a number of followers on these sites and keeps uploading the latest news regularly.
Finally, in the personal life of Russell Spencer, he was in a long term relationship with Kandy Bruss with whom he has a daughter. However, when Kandy was pregnant, Spencer got engaged to his previous girlfriend. Later on, Kandy married Todd Tucker, and has custody rights of daughter Riley. Russell is apparently still single.