Hip-Hop Rumors: Is Dame Dash Rich Or Broke?

A recent report by the Daily News has suggested that Dame Dash is dead broke, basically drowning in debt.Here is a summary:

– He pays $24,000 every three months to his ex-wife, fashion designer Rachel Roy, for child support of their two kids, and to cover money owed on the lofts.
– New York state forces Dash to send another $4,341.10 per month for support of his son, Christian.
– He paid nearly $20,000 in garnished wages in late 2012 for other debts.
– He owes more than $2 million in taxes to New York state
– He owes $100k in back rent for a mansion he lives in

Here is what Dame tells the NY Daily news:

“I’m an independent businessman and this is what comes from business. I have the guts to fight my battles on my own and it’s entertainment to everybody else because I’m so cool about it.”


I happen to know that Dame Dash may be setting things up for a great come back. Here’s what I got:

– Dame has V Vodka on the way
-Dusko Whiskey is on the way
– I told you about Dash Oil Company already
– He has Vampire Life Clothing with Jim Jones and I heard they are making real money!
– Art studios in NYC and SC…I don’t know how they make money, but he has them

Somehow I think Dame is setting up something big…for our entertainment. I know one thing, if you rent a mansion you cannot afford…you’re not broke. He’s just living above his means. Kill that overhead!

They keep us talking, but if we stop talking about them then they should worry! -illseed.

Illseed, Out.


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Email illseed rumors: kingillseed@gmail.com

  • DJ7

    He’s far from poor for starters…. broke? maybe….poor? Nah… Being poor means you have nadda & you have nadda coming…. while on the other hand….I know cats with good jobs that are broke but in a few days, weeks, maybe a month or 2 will have something again. You guys are still talking about him so…….

  • YaheardSyndicate

    Exactly. Broke is like you cant afford sneakers, or a car. For instance Dame Dash produced “Its Alright” by Jay Z. Even the publishing on that alone will keep money coming in for ever, but he probably just has high overhead and is used to living a certain way. But hey if he is still free and living that way, the joke is on the fool renting him that mansion..lol,

    • broadwayallday

      umm, dame dash didn’t produce that. Mahogany produced that.

      • TALK_BOSS

        Both got credit

    • Not really, he can sue & recover those assets.

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  • I can’t believe AHH has a poll on Dame Dashes finances…..Maybe you all need to get a life….At this point it doesn’t matter if he is broke or not.

  • water_ur_seeds

    Dame is cool dude, wish him the best…

  • RatchetBlackWoman

    all this dudes money is invested in currensy career..

  • broadwayallday

    illseed has access and assets confused

  • Two_guns_Billy

    I remember seeing this dumb ass nigga on mtv talking about how he wasted money and shit..Nigga bragged about never wearing the same shit twice…I bet he wished he lived more conservative now..


      True Story!… plus what happened to his pro-ked shoe line? Armadale VODKA?… this guy is broke…

  • $18916246

    He’s not common man broke. But he’s not ROCAFELLA rich either. Dame knows how to get money. He helped build a HIP-HOP empire.He did own the rights to “RESONABLE DOUBT” along with Kareem Biggs. So I imagine he holds an ace or 2 in his deck. I think Dame just does bad business, ghetto celeb type moves that have bit him on his ass. Corporate business men side jobs are extortion, in other words he could keep the money coming in at some level just on the insider dirt he knows. Broke No..financially challenged yes.

    • foolanuts

      bad business?? but he made jay tho no? not to mention Kanye? I think Dame is responsible for 2 giants in the game within the few decades

      • $18916246

        You ever heard the phrase: How you gonna keep it after you get it? Dame, was part of machine, he played a role. A role he could not hold on to. He was Jay’s partner and was instrumental in signing Kanye. He didn’t make Jay or he’d be able to stop Jay’s progression if nothing else as a move against business conflicts of interest. Dame at the ROC was a brash loud mouth with business sense. Cam was Dame’s boss. I know, I know, y’all didn’t know that. Look beyond the surface. We learn something everyday.

      • Mr.Count

        Didn’t make Hov at all.. “I heard motherf****as sayin they made hov, made hov say ok so make another hov”

  • mademan3000

    Don’t know if he’s broke or not but that pic doesn’t do him any justice…

  • The Black Fist

    TIBS!! You aint DEAD BROKE when u pay a 24k every 3 months on child support AND pay $4300 every month on more child support.

    • Yes you are, if you only make $30K a month, with 10K in expenses.

      It’s all relative.

      • John

        Also relative when you say someone grosses 20K a MONTH and you’re calling them broke. Until everyone generally makes 20 thou a month then we should not be having this conversation.

      • Oh, definitely, keeping it real…Bill Gates would jump out of a window if he woke up & only had Michael Jackson’s money.

        It’s all relative.

        From where we sit, just being able to pay 24K a month in child support is a blessing.

        IE: If I had to pay my ex 24K a month….I’d marry her for the $$$!

  • Herb_Bane

    If i know anything about dudes like Dame Dash, he got some money stashed somewhere. Whether it’s in a bag buried somewhere.. lol or an off shore account, but i don’t think he’s broke. And for what it’s worth i still rock wit dame i think he just got the short end of the stick in the roc a fella deal..

  • Alex Rudkovsky


    • atle fjeldstad

      That`s a waste of money anyway.. Besides, cristal tastes like shit!

  • Jason Mazur

    No man that makes that kind of money once and stays on his grind when things change and he loses money and partners, will never be broke. It’s not like he got rich and blew his money on drugs and fell from grace and existence. His broke will never be a “regular Joes” broke. You will never see him at the welfare center or unemployment line. He will never be homeless. He works too hard to get that low unless something crazy really happens. I personally know multi millionares that filed bankruptcy and still live in the lap of luxury. That would have devestated the average man. A rich mans business and life is a whole different animal. Get with it.

  • Negro Peligro

    Man I do feel bad for dude. No slight to nobody. He just was built for money and he can’t find no lane. I don’t understand why nobody hired him to head a record label. Dude literally built Rocafella. I mean Jay was the brand to pimp but Dame made its own lane with it. Vodkas, clothing lines, different genres of hiphop. I don’t see not one label that was successful with so many different artist since Motown.

    • EL_BARK

      Dame rub a lot of people the wrong way, & burnt bridges.

  • Severe Thebeneficent

    ALOT of pocket watchers running around these…who does that smh? Broke or not why is this news…and why do people actually have an opinion about his finances? Hip hop has gotten down right disgusting…who cares if thats the nature of the business…

    • My sentiments exactly, mufukkas eyeball these rappers’ bank accounts like lil kids starin at a cake hopin they’ll eventually get a piece of it. Pretty damn pathetic actually…

  • J.C.

    why don’t mofos just leave him be? he’s been low-key for years of his own volition – let that man live.

  • artman696

    His broke is not like most of our broke. Im sure he has ways to generate money we dont know about. That way they (IRS) can’t snatch it for back taxes. The man is smart so best believe he got something up his sleeve.

    • Jason Mazur

      I just said that a few lines down…you right on that one Art.

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  • Tre C

    Dame getting money off the books or under another name. I can’t blame him, the govt will take as much as they can once they find it

  • bisolabliss

    illseed/allhiphop keep staying on the bullsh*t…Black Rob been inked a new deal with Universal and BR’s been dropping BANGERS all over the map men..
    Black Rob – About Me
    Black Rob – Black Rob Classic Recording Session (feat Craig Mack)
    Black Rob – Made Me a Man
    Black Rob – Slaughter Freestyle

    • bisolabliss

      BR dropping Jewels…Black Rob – Showing up
      (when it’s time to spit that real life rap, BR’s showing up)

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  • Jeff Active Reynolds

    that man far from broke

  • __

    nigga lookin like spike lee but i highly doubt that man is broke, he would have to be a complete fool. he might not be as rich as he could be but i’m sure he’ll bounce back

  • tRoy

    As Gza would say: You needa Diversify your Bonds Nigga!!

    • johnblacksad

      lol… Wu-Tang Financial!

  • dame dash always thought he was a rapper, nah nigga, you were just clown shoes. whiskey and vodka, oil?? chothing line with jim jones? hahahaha stop, stop, i heard mcdonalds is hiring ahahahaha

  • that fuckin jets hat on his head says everything

  • call this ghetto chatline 2188953266 press 7 to go to the live rooms you can chat with boke niggas & fat hoes from the nyc po-jects

  • John

    I don’t know… Ilseed, how do you make a poll saying if WE decide if he’s rich or poor. YOU TELL US! Poll is mad corny, B. *Dame Dash voice*


    you a fool to think dame is broke lol. HARLEM NIGGAS GET MONEY

  • ItGoesDownINtheDM

    dame started from the bottom he could never go broke … tru hustlers dont forget

  • Weedras

    I don’t think Dash is no where near broke dude just needs to get his house in order or maybe he wants it that way…


    dat pic got dude looking like a BASER….

  • eddieklown

    Thought that was a picture of Spike Lee at 1st…

  • mike malarkey

    umm hes washed up thats for sure.. nobody checking 4 his liqour or none of his other shit

  • WhatupJ

    Like eddie said that looks way more like spike lee than dame. I doubt dude is broke, never seemed dumb about his business or how to invest his cash. Is he making the money he was with the roc? No, but im sure dude is doing his thing. Plus this is his business we should just care if we making money and supporting our family above caring about someone we dont know.

  • fghfh

    He’s the same dude who wanted to marry Aaliyah back in the late 90’s.

  • TheOnlyCoop

    He may not be broke but he’s hurting.

    Do some research on Dash Motor Oil. It’s a 3 year old Pipe-Dream. None of the other business really seem to be doing anything.

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