Damon Dash Net Worth: Damon Dash is an American actor, entrepreneur, and music producer who co-founded the Roc-A-Fella record company in 1996.
Dash has proven to be a hard worker when it comes to his career and has already made a name for himself, which opened many opportunities for him. However, many are curious about his status this 2022.
Get to know more about Damon Dash Net Worth, personal life, and career. Keep Reading!
Who is Damon Dash?
Damon Anthony Dash is an American entrepreneur and record executive. He co-founded Roc-A-Fella Records with rapper Jay Z and two clothing brands with Jay Z, including Rocawear.
Early Life of Damon Dash
Damon Anthony Dash was born in New York City on May 3, 1971.
When Dash was young, he swept the floors of a local barbershop and sold newspapers to buy sneakers and shirts as a teenager.
Also Read: Kanye West Net Worth 2022: Latest Update!
He worked hard and hustled on his own as her mother died of an asthma attack when he was just 15 years old. The same year his mother died, Dash was diagnosed with type 1 diabetes.
Damon met the famous R&B singer Aaliyah in 1999 and later proposed to her, but sadly she perished in 2001 in a plane crash. Years later, he married Rachel Roy, and he had two more children with her.
Career Life of Damon Dash
In 1992, Dash was introduced to the young up-and-coming rapper from Brooklyn, Jay-Z. After both had become acquaintances and became eventually became close, the two launched Roc-A-Fella records in 1996 along with Kareem Burke.
Dash served as Jay-Z’s manager and business partner at the Roc-A-Fella Records. In 1999, he organized a tour for Jay-Z, which made almost $19 million.
Unfortunately, their relationship soured after a few events that happened. One was when Def Jam Recordings purchased Roc-A-Fella Records in 2004, and later on, Jay-Z agreed to be Def Jam’s President. In 2005. Jay-Z had also bought Dash out of his stake in Rocawear.
Although Damon Dash Net Worth was near Jay-Z’s net worth before, his ent worth plummeted as he made unfortunate decisions and had ongoing court cases involving unpaid child support.
Any guess of Damon Dash Net Worth this 2022?
Damon Dash Net Worth 2022
Dash once peaked, having $50 Million worth as net worth. That was before he dropped his wealth due to several problems.
When Jay-Z bought out Dash’s stake in the clothing line and became the preside of their music label after changing administration, Dash’s wealth also started to plummet.
Besides being a producer in the music industry, Dash also experienced and entered into producing films like The WOodman and State Property.
Now, Dash is experiencing legal problems due to unpaid child support and bills. Dash has five children named Damon Dash II, Tallulah, Ava, Lucky, and Dusko.
In 2012, it was reported that rapper Curren$y sued Damon Dash for $1.5 million. After that, he was required to pay Linda Williams, the mother of his eldest son, $50,000, and more suits followed involving child support payments to his children with Rachel Roy, in 2018 and Lee Daniels in 2019.
Damon Dash has often been called to court and has not yet settled the $2 Million in back taxes he owes. Back in 2019, he asked a court to end his child support payments.
However, courts ordered him to pay large sums in back child support over a series of actions, but still, he claims to have no assets or income.
Damon Dash Net Worth is estimated at $100,000 this 2022 compared to millions before. It may be far from Damon Dash Net Worth long ago but still, $100,000 is already a lot for a regular American.
Also Read: Seann William Scott Net Worth 2022: How much money does he make?