Dame Dash Net Worth: The Long Story Of Economic Setbacks
Damon Anthony Dash, known as Dame Dash, is an American record producer and music executive. His wealth dropped to an estimate of just $100,000. He co-founded Roc-A-Fella Records with Jay-Z, his former partner.
Bioghraphy
| Category | Details |
| Name | Damon “Dame” Dash |
| Origin | New York |
| Industry | Music, Film, Clothing |
| Known For | Roc-A-Fella, Rocawear, “Reasonable Doubt” |
| Past Net Worth | Hundreds of Millions |
| Current Worth | $100 Thousand |
| Major Partner | Jay-Z |
| Income Issues | Income Garnished, Low Royalties |
| Debt | $130,000+ Child Support, Back Taxes |
| Legal Trouble | Told NY Judge he’s Broke (2019) |
| Assets | At Auction, Limited Merchandise |
| Business Decline | Lost Share, Poor Marketing, Sabotage |
| Companies | Film Company, Clothing Lines (Struggling) |
| IRS Status | Owes Taxes, Ongoing Complaints |
| Key Projects | Paid in Full, Roc-A-Fella Records |
At his peak, he was famous and had a net worth of about $50 million. But things changed.He faced financial setbacks and economic crisis. In 2025 , he had to sell his share of Roc-A-Fella Records.
What Is Damon Dash’s Net Worth?
Damon Dash is a music producer and businessman from New York. He co-founded Roc-A-Fella Records with Jay-Z. He also helped launch Rocawear clothing. He once earned millions and lived a rich lifestyle. But now.
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His net worth is around $100,000. He lost money due to tax issues, debts, and child support. His income was taken, and his properties were sold. Poor choices and legal problems hurt his career.
- He sold merchandise and clothing to pay off IRS, but state of New York still says he owes money.
- A judge even told him in 2019 that it was less likely he could pay debts from his company or old album deals.
Dame Dash Current Net Worth
- Dame Dash helped start Roc-A-Fella Records with Jay-Z in 1999.
- He earned around $50 million from music, clothing lines, and tours.
- Lost money after Def Jam Recordings bought his share and other deals failed.
- His wealth dropped from a record high to just $100 thousand.
- Now, his current net worth is estimated at $100 thousand, showing a big contrast from past success.
Dame Dash Net Worth: Multiple Financial Setbacks
Dame Dash, once a $9 million mogul, faced many money problems that changed his life. Things got worse after his divorce from Rachel Roy and other personal issues. Over the years. he lost homes.
Owed money, and even got arrested for payment failure and child support. His flashy lifestyle in Tribeca, New York, turned into foreclosure and debt. In 2009, a judge said he owed over $2 million in back taxes.
- He was sued for harassment by ex-wife Linda Williams.
- He had to vacate his NYC apartments due to proceedings.
- In 2014, he owed $4.14 million to creditors, including missed monthly payments.
- He told the court he could only pay $6000 and not the $50,000 he once earned.
- A mother of his child said he failed to pay child support, so he was ordered to pay nearly $1 million.
- He was arrested in 2015 over agreed unpaid amounts and lack of payments.
- His own daughter Boogie said Damon was forced to sell his home to settle debts.
Financial Problems
Dame Dash faced serious money issues in New York City. He once owned a $5.5 million home in Tribeca and drove a Chevy Tahoe, but by 2014, he owed $4.14 million in back taxes to the state.His apartments went into foreclosure.
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A judge ordered his car repossessed. He got sued by Rachel Roy, law firms, and other creditors.His business made zero profit, and his only income was being garnished.In March 2019, he owed $341,991. Then in November 2019.
He was arrested for not paying child support.He owed over $400,000, and court legal docs showed he was broke. By January 2024, he filed to lower his support payment of $6,000 per month, saying he earned just $5,140 the previous year.
He also paid $25,000 in attorney fees and owed $56,000 in a lawsuit settlement. Though some said he had $1 million, he said he could not afford even the basics. He had $2,400 in personal debt and was reportedly seeking help just to survive.
Roc-A-Fella Share Auction
In 2022, Dame Dash tried to auction his 33.3% stake in Roc-A-Fella Records, linked to the album Reasonable Doubt. But legal issues like.
A civil judgment and debt stopped the sale. The U.S. Marshall’s service later set a minimum bid of $1.2 million, though it’s said to be worth $800,000.
- Jay-Z and others complained, saying Dame didn’t have full rights.
- Dame says he was sabotaged, owes back taxes, child support, and is upset his biggest asset is up for auction in September 2024.
Legal Issues
- In June 2022, Dash was sued over a NFT of Reasonable Doubt.
- He didn’t have permission from Roc-A-Fella Records to sell it.
- A restraining order was placed to stop the sale.
- In 2019, Monique Bunn claimed Dash touched inappropriately at his house.
- A federal jury cleared him but still gave her $30,000 for damages.
- Dash says people attempt to get money, but he does things by the book.
Early Life
Damon Anthony Dash was born on May 3, 1971, in Harlem, New York. His mother died when he was just 15 years old. She died of asthma after a sudden asthma attack, and that changed everything.At just 15.
He learned to hustle because he had to work to afford things. He did many small jobs like sweep floors at a barbershop, sell newspapers, and even sold sneakers and t-shirts on the streets.He didn’t grow up rich and didn’t go to many private schools.
But his hustle helped him survive. Even as a teenager, he had a musical calling and wanted to be recognized for his own talent.He used words like tools, smart and sharp. Unfortunately, life was hard in New York, but Damon kept pushing forward.
Career
Dame Dash’s career took off in the late 1990s with Roc-A-Fella Records, where he co-founded the label with Jay-Z. The duo’s partnership quickly became strong. Dash was not only a business partner but also a manager for Jay-Z.By 1999.
Their music and influence grew, and Dash’s net worth skyrocketed. His success continued with a $19 million rise in his fortune, marking a peak of $50 million.However, as Roc-A-Fella expanded.
Dash’s influence began to change. By 2004, Jay-Z took control of Def Jam Recordings as president, and in 2005, Dash was bought out of his stake.
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- Dash had a key role in the rise of Roc-A-Fella Records, which led to huge popularity.
- His business partner, Jay-Z, bought out Dash’s stake, leading to a soured relationship.
- Despite the good times they shared, Dash’s official relationship with Jay-Z ended over business events.
| Platform | Link |
| @duskodash | |
| Dame Dash | |
| @damedash | |
| Damon Dash | |
| YouTube | Dame Dash Official |
| TikTok | @duskodash |
| Official Website | damedashstudios.com |
| Linktree | Damon Dash Linktree |
Dame Dash Short-lived Success
- Dame Dash built a booming empire with Rocawear and other businesses, making hundreds of millions.
- He expanded into film production, marketing, and founded DD172, a media collective.
- Despite his clout and contacts in the music industry, legal crises and financial setbacks hurt his success.
- His relationship with Jay-Z ended, draining his wealth and leading to the collapse of many ventures.
Personal Life
Dame Dash’s personal life has been full of challenges, including multiple relationships, custody battles, and family drama. He was engaged to Rachel Roy but they eventually divorced.Dash has children.
Including his son Dame “Boogie” Dash and daughters Ava Dash and Tallulah Dash. His family life has been marked by legal struggles, but he continues to play an active role in his children’s lives.
- Dash has been through a custody battle over his kids and has faced accusations in his personal relationships.
- He had a fiancée, Raquel Horn, and together they have a child named Dusko Dash, born in 2020.
Dame Dash Children
Dash and his fiancée Raquel Horn have a son, Dusko Dash, born on November 14, 2020. Dash is a first cousin of the actress Stacey Dash.
FAQs
What is Dame Dash’s net worth?
Dame Dash’s net worth is around $100,000 in 2024.
Why did Dame Dash lose his money?
He lost money due to unpaid taxes, lawsuits, and child support issues.
What happened between Dame Dash and Jay-Z?
Dame Dash and Jay-Z parted ways after Def Jam bought Roc-A-Fella Records.
What are the main reasons Dame Dash’s net worth is so low in 2025?
His net worth is low due to back taxes, lawsuits, and child support debts.
What was Dame Dash’s highest net worth?
His highest net worth was about $50 million at Roc-A-Fella’s peak.
Conclusion
Dame Dash once had a net worth of $50 million, thanks to his success with Roc-A-Fella Records and other ventures. However, his wealth dropped to around $100,000 by 2024 due to unpaid taxes, lawsuits, and child support issues. He faced legal troubles, including foreclosures and garnished wages. Dash sold his stake in Roc-A-Fella Records and his other business ventures struggled. Despite these setbacks, he remains a well-known figure in music and film. His financial decline highlights the impact of poor decisions and mounting debts on his once-thriving empire.
Disclaimer:
This article is for fun and informational use, based on trusted public sources. Details like age and net worth are estimates. We respect privacy and mean no harm. Enjoy the read with confidence!
