Damon Dash, Hip-Hop's tycoon and record executive who co-founded the Roc-A-Fella records with Jay-Z and Kareem “Biggs” Burke, detailed terrible financial narrow when he declared in bankruptcy of Chapter 7 last week.
The 54 -year -old New York native affirmed in his voluntary request, reviewed by The Times, which is indebted to a sum of $ 25.3 million. The petition, presented on Thursday in Florida, says that Dash does not obtain monthly income and has $ 4,350 in its name, including $ 100 in cash, a $ 500 cell phone and two weapons worth $ 750.
A legal representative of Dash did not immediately respond to the request for comments of the Times on Monday.
Dash's request says that it owes a total of $ 25,303,049.47 to up to 49 creditors, with most of that (about $ 19.1 million) owed to the government in the form of taxes and other debts. It must also almost $ 648,000 in domestic support obligations with ex -wife Rachel Roy and ex -girlfriend Cindy Morales, according to the petition. Dash and Roy married 2005 to 2009 and shared two daughters. Dash shares a child with Morales and has additional children from other relationships.
The petition confirms reports that a third of Dash in the Roc-A-Fella records was auctioned in the New York Taxes and Finance Department in August 2024 to help pay for their fiscal debt. Dash states that a “possible” but not specified amount of Burke is also owed, and also “unknown” amounts of her claims “possible” against actor Claudia Jordan, filmmaker Josh Webber and others who has fought in court.
The filmmaker “Dear Frank” Webber and the production company Muddy Water Pictures, also mentioned in Dash's request, sued the music entrepreneur for infringement and defamation of copyright in 2019. A jury was placed on the side of the filmmakers in the spring of 2022 and ordered Dash of more than $ 800,000 in matters of damage At 2025. Pay the considerable trial, complex reported.
Webber also demanded Dash for defamation and slander in April 2024. Dash received at the beginning of this year to pay the filmmaker $ 4 million.
As reports of your decision to request the bankruptcy differential, Dash apparently took possession of financial revelations. On Instagram, he re-struggled a website publication focused on Hip-Hop Worldstar about his legal problems on his own page.
“Now we are going to work #StayTuned,” Dash subtitled his publication.
