Damon Dash was always the picture of “the.LIFE” to us… but these reports of his money handling are becoming overwhelming.
More Money Touble For Damon Dash!
Previous post: Now You Know We Love You Britney, But….
Next post: Trace Magazine’s “Black Girls Rule” Magazine Party (NYC)
{ 14 comments… read them below or add one }
I don’t know why you don’t believe these people can’t be broke. And why you don’t think people with money and a sense of entitlement don’t have bad credit and bounce on bills. You can’t pop bottles forever and not have $ coming in regularly. That Superhead project killed his reputation and wasn’t the cash cow he’d planned. Plus he’s been renting outlandish apts (courtesy of soon-to-be divored Mrs. Rafael Deniro)that he can’t afford. Hopefully Rachel will use the influx of cash she just got from selling part of her business and leave his foolish behind for good.
Ooops have I said too much….
He definetly wasn’t on the Forbes top ten “hip-hop” earners. Makes you say hmmmmmm?
^^ It couldn’t have been said any better!!
I agree you Style. If someone isn’t used to having anything and suddenly get something, regardless of how much, that doesn’t mean they know how to handle it wisely. There are many multi-millionaire lotto winners that also go broke.
I wonder if he is still wearing his t-shirts and socks one time before throwing them out? Ridiculousness.
Thats what happens when you dick riding cornballs like Jim Jones I guess this cake-a-holic needs to go to rehab
Rachel Roy, Cam’ron & Jim Jones can’t help Dame now…..LOL I thought these dues were ballin!!!!!!!!!!!!!!!!!!!!!!!
Rachel Roy’s clothing company just signed a billion dollar deal. I think he just overlooked it.
As reported in Newsday: http://www.newsday.com/entertainment/news/celebrity/ny-etdash0819,0,740838.story
Rachel’s deal with Jones Apparel is nowhere near $billion. She is waaaay smaller than Tory Burch and THAT soon-to-be deal will at most be $300mill. apparel is in the toilet right now.
She wasn’t even doing $1mill in wholesale annually, so no way her deal is enough to bail them out of this kind of debt. They’ll just do what rich people have been doing for ages, declare bankruptcy, start a new under a new LLC, and keep it moving.
DAME DASH IS DONE, DAME DASH IS DONE!
LAME DASH
WHACK ASS
RACHEL WHORE
JIM JOKE!
COOOORNY!
when has he been on the Forbes list? 10 years ago?
Style, You have a point, Rachel Roy’s line was not doing the numbers she was “expected” to do initially. Having seen the line in Bergdorf’s I see y. Yes she’s super talented however, her line just hasn’t made the cut. As for Dame you cannot go around attempting to stunt someone’s growth. As per the Jay-Z interview the reason y their relationship dissapated was b/c Dame didn’t want to sell Jay his rights & Masters. That is the epitome of trying to stunt someone’s growth. After that everything went down hill for Dame. God don’t like ugly!
Rachel’s line is BOOORRRINNNGGG-and overpriced…
Why can’t he be broke? When black people have money they spend on things that are not necessary. I don’t know any charities that he runs. So, I am not even sorry for him. Warren Buffett has been living in the same house he bought in the forties. But he is a billionaire and probably the 2nd or third richest person in the world. We all got to do better.
^^^ AMEN!