Damon Dash Net Worth|Wiki|Bio|Career: An American record producer, Earnings, Musics, Family
Facts of Damon Dash Net Worth|Wiki|Bio|Career: An American record producer, Earnings, Musics, Family
|Net worth||$200 thousand|
|Date of Birth:||1971 March 3|
|First Name||Damon Anthony|
|Age:||52 years old|
|Birth Nation:||United States|
|Height:||5 Feet 10 Inch|
An American record producer, entrepreneur, music executive, who is co-founder of the record label, ‘Roc-A-Fella with Kareem Burke and Jay-Z, Damon Dash used to be a net worth of $50 million but as of now, his estimated net worth is $200 thousand which he has collected from his career.
Sources of Income
Damon Dash is an entrepreneur and record executive from the United States. Damon Dash's net worth is $200 thousand. Dash was Jay-Z's manager and business partner at Roc-A-Fella Records. In 1999, he organized a tour for Jay-Z which made $19 million. Later Jay-Z bought Dash out of his stake in Rocawear of which he also became the founder. Remarkable films like "The Woodsman" were granted to Damon's producing company. As of now, Damon is having financial issues and his major income goes to Creditors.
Early Life and Career
Damon Dash was born on 1971, May 3 in New York City. When he was 15 years old, he lost his mother, who suffered from asthma. His life was difficult, and he began selling newspapers and working at a barbershop for a living at an early age.
In the 1990s, Daman met Jay-Z, a brilliant rapper. Then, Roc-A-Fella Records was founded by Damon, Jay-Z, and Kareem "Biggs" Burke in 1995. Jay-Z's album, Reasonable Donut, sold 500,000 copies, and the label evolved to the point where it was able to form a joint venture with Def Jam Records.
Damon organized a $19 million tour for Jay-Z in 1999, which helped Roc-A-Fella gain prominence. In the same year, Jay-Z bought him his stake in Rocawear and became the founder with Jay-Z. Damon's net worth soared to $50 million, an all-time high. Regrettably, the happy times did not stay indefinitely. After Roc-A-Fella Records was purchased by Def Jam Recordings in 2004, Jay Z and Damon's relationship worsened.
He then focused on running his other businesses. Dash founded DD172, which is a media collective that covers: America Nu, a magazine; and VNGRD79, a web design firm. BluRoc Records, a record label division. It also includes an art gallery.
He started dating R&B singer Aaliyah in 2000. They were a couple till Aaliyah's terrible death in 2001. In 2005, he married fashion designer Rachel Roy, whom he met when she was working as an intern at Rocawear. And the couple had two daughters, Ava Dash (born December 7, 1999) and Tallulah Dash (born May 14, 2008). When the couple split in 2009, they had a controversial custody battle over their daughters. Roy accused Dash of domestic violence and received exclusive custody, a three-year restraining order, and substantial financial assistance.
Dame "Boogie" Dash, Dash's son, was born in 1991. Linda Williams, his ex-girlfriend, is the mother of his child. Growing Up Hip Hop, a WE Tv reality show featuring Boogie. He also has another son, Lucky, born in 2004 to Cindy Morales. As of April 2020, Dash is engaged to his pregnant fiancee, film producer Raquel Horn with whom he has a son, Dusko Dash, born on November 14, 2020.
Dash admitted to a judge that he owed $2 million in back taxes and was facing foreclosure on two Manhattan properties. He couldn't keep up with the $700 monthly payments on his Chevy Tahoe, so it was repossessed. Dash was evicted from his $9 million Tribeca house, which was ultimately sold for $5.5 million in foreclosure.
In 2012, rapper Shante Scott Franklin AKA Curren$y sued Dash for $1.5 million for releasing his music without permission.
In 2009, Linda Williams, the mother of his son Boogie, was prosecuted on harassment charges, and Dash was forced to pay her $50,000.
Dash settled a lawsuit he filed against filmmaker Lee Daniels in 2018 for $5 million, plus interest, to regain a $2 million investment. Despite his later success, Lee got financial assistance from Dash early in his career and is said to have failed to repay him.
Dash was arrested in November 2019 for failing to pay more than $400,000 in child support. Dash was detained for two warrants while in New York City for an unrelated Federal Court hearing. The first warrant was issued in April 2015 in the case of Cindy Morales in the Supreme Court of New York County; he owes $62,553 since 2012. In the Bronx Family Court case of Rachel Roy, a second warrant was issued in March 2019. In 2015, he was ordered to pay her $341,991 plus $25,000 in attorney expenses. Dash is said to have paid over $1 million to be released.
Entrepreneurrecord producerMusicAmerican Record Producer