AceShowbiz - Embattled music mogul Russell Simmons isn't angry about the numerous sexual assault allegations made against him, because he is confident he will be "fine". The Def Jam Recordings co-founder has found himself under attack in recent months after facing accusations of past inappropriate behaviour from a string of women - all of which he has vehemently denied, insisting all intimacy was consensual.

Now, after settling a rape lawsuit with one accuser, filmmaker Jennifer Jarosik, last week (ends April 27), Simmons has taken to Instagram to assure supporters he will bounce back from the hit to his reputation, because he is adamant he has done nothing wrong.

He also uses the lengthy post to renew his support for the #MeToo movement against sexual misconduct.

"The reason I haven't been angry about my personal situation is because [I'm] listening to dialogue around the #MeToo movement and looking beyond my own scenario," he wrote. "In the end I'll be fine. I've accepted responsibility for the life that I have lived and been very forcefully and vehemently denying accusations for things that I have not done."

The 60-year-old goes on to express hope that his teenage girls Ming and Aoki, from his marriage to model Kimora Lee Simmons, will eventually benefit from the hardship he is currently facing.

"A little blood on my shoulders so that my daughters see a better world is worth it," he continued.

Simmons is also determined to use his experience to "be a forward thinker and supporter of the necessary change" to achieve equality for women of all backgrounds.

"The goal should be to be inclusive, fair and promote equality on all levels," he concluded. "We have a long way to go I'm along for the ride."

Simmons is still facing another lawsuit from an unnamed woman who alleges he sexually assaulted her during an encounter in a Sacramento, California hotel room.

She is seeking $10 million in punitive damages for the "severe emotional distress" the alleged incident caused her.