Dame dash net worth
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In the process, Damon lost the Roc-A-Fella name and majority of the artists including prospects like Kanye West to Def Jam. Unfortunately, Dash and Jay-Z’s relationship began to grow sour at Damon’s peril, causing his finances to nosedive gradually.įollowing the friction in the relationship between Dash and his business partner/friend Jay Z (although in recent interviews he has been quoted saying that he is unsure if the friendship was ever real), the latter began an alliance with Def Jam’s boss Lyor Cohen and in 2004, Def Jam purchased Roc-A-Fella with Jay Z assuming as the new president. A music mogul once worth $50 million, Dash lived lavish and began to branch out into different businesses including clothing line Rocawear which generated an annual revenue of about $450 million, Armadale Vodka whose sales skyrocketed, film production and marketing. Together with Jay Z, they founded Roc-A-Fella records which turned out to be a multi-million dollar music label. As Jay-Z’s manager, Damon Dash organized a tour that made $20 million in profits. He then developed a passion for music and began producing music and promoting artists, in the process he met a rapper who would turn out to become Jay Z. He later ventured into drug-dealing but abandoned it after losing many friends. In order to get a better education, Dash was sent to attend a private school. Among those jobs included selling newspapers and sweeping the floors of barbershops. Losing his mom to an asthma attack at the age of 15, Damon took up odd jobs to afford some of his needs including shoes and clothing.
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Early Beginnings and Rise To Stardomĭamon Dash was born on May 3, 1971, in New York City. Dame Dash’s accounts were found delinquent by the IRS putting him in millions of debts, his current net worth is estimated at $10 thousand, unlike his one-time partner Jay-Z who is a billionaire as of today. He is well-known as the co-founder of the now-defunct Roc-a-fella records. Damon Dash is an American record producer, entrepreneur and music executive who has a net worth of $10 thousand as of 2021 Net Worth:Īctor, business, record producer, filmmakerĭame Dash, also known as Damon Dash is a record producer, entrepreneur, and actor.