Author Topic: Scott Storch files for Bankruptcy (Read 434 times)

Matty · « **on:** June 24, 2015, 07:26:51 AM »

"Scott Storch, the fallen hip-hop producer who made hits for Beyonce, Lil Wayne, Chris Brown, Pink, Christina Aguilera and Justin Timberlake before blowing a fortune on his reckless, opulent lifestyle, has reportedly filed for bankruptcy.

According to TMZ, Storch filed bankruptcy documents in which he claims to own just $3,600 in assets including $100 in cash with the rest tied-up in clothing and a watch.

It’s an incredible tumble from the top for a music man who amassed personal wealth of $70 million and breezed through it on parties, cars, cocaine and all the trappings and extravagances of fortune and fame.

Storch, who wrote and produced nearly a dozen Billboard Hot 100 top 10s between 2001 and 2005, told Billboard last year he was writing and producing songs for rapper Rick Ross, DJ duo Dimitri Vegas & Like Mike and DJ Steven Lee and reshaping his career as an electro-pop singer. Plans were to release a four-song EP of melody-driven EDM, drum’n’bass and trap this year, written, performed and produced almost entirely himself.

In his bankruptcy documents, TMZ reports, Storch made just $10,000 last year and his music companies are valued at zero."

http://muzikki.com/international/3204-producer-scott-storch-files-for-bankruptcy.html

Minkaveli · « **Reply #1 on:** June 24, 2015, 07:22:37 PM »

Time to ask him to sell some beats.

doggfather · « **Reply #2 on:** June 25, 2015, 02:07:57 AM »

Quote from: Minkaveli on June 24, 2015, 07:22:37 PM

Time to ask him to sell some beats.

Leggy Hendrix · « **Reply #3 on:** June 25, 2015, 02:59:21 AM »

Such a talented, fucked up individual. Blowing 70 million is an amazing achievement though

Matty · « **Reply #4 on:** June 25, 2015, 07:41:13 AM »

i believe this is bankruptcy #2, dude had a lot less money to lose this time. shame he doesn't seem to have the capacity to restart his career in any meaningful way...

Blood$ · « **Reply #5 on:** June 25, 2015, 09:32:13 AM »

yup I remember hearing this same exact story a few years back

seemed like he may have been up to a comeback last year when he did that track on Ross' album and the in-stuido footage with Pusha T, plus the joint he did for Uncle Murda... guess he can't keep his nose clean literally