Fallen rap mogul and former Jay-Z partner Damon Dash owes $25M in debt, files for bankruptcy: reports

Fallen rap mogul and former Jay-Z partner Damon Dash owes M in debt, files for bankruptcy: reports

Ex-Jay-Z partner and Roc-A-Fella Records co-founder Damon Dash — who has long struggled financially — is $25.3 million in debt and has filed for bankruptcy, court records show. The 54-year-old fallen music producer has only a measly $4,350 to his name, according to the Chapter 7 bankruptcy documents. Dash owes nearly $19.8 million in debts … Read more

New York state buys share of Jay Z’s Roc-A-Fella Records to make deadbeat co-founder Damon Dash good on back taxes

New York state buys share of Jay Z’s Roc-A-Fella Records to make deadbeat co-founder Damon Dash good on back taxes

New York has “99 Problems” — literally. The state government bought a one-third share of Jay Z’s Roc-A-Fella Records at an auction Thursday in hopes of recouping $8.7 million that the label’s embattled co-founder, Damon Dash, owes in back taxes. An anonymous Albany rep entered the winning $1 million bid at the federal auction in … Read more