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!

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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