Dame Dash net worth: American entrepreneur. Dash is Jay-Z’s former manager and business partner , Dame Dash has a net worth of negative $2 million.
Damon Dash, better known as Dame Dash is an American businessman and entrepreneur, widely known for his previous partnership with music mogul Jay-Z at Roc-a-Fella Records. Dame also gained popularity as manager of Jay-Z and the further media coverage was given to Jay-Z and Dame Dash for their publicized sourness in relationship. Dame was one of the biggest personalities in music industry at the peak success of Roc-a-Fella records.
Damon Dash was born on May 3, 1971 in New York City, New York where he studied in different private schools. He recognized his business calling in his teenage and later he went on to co-found one of the most recognized recording studios of USA with Jay-Z. Dame and Jay-Z were not only partnered for Roc-a-Fella, they were also involved with the clothing line “Rocawear”. Dame earned millions from these ventures and his net worth amounted at $50 million when these ventures worked on his favour, making him one of the richest Hip-Hop moguls in the industry.
The sunshine did not last forever for Dame Dash as his relationship with Jay-Z went sour. When Roc-a-Fella was bought by Def Jam Recordings and Dame’s stake in Rocawear was bought by Jay-Z in 2005, Dame’s fortune began to decline. Dash branched out to many other business ventures after this incident, and became more prominent in movies production. He even acted in some of his movies like “The Woodsman” and “Paid in Full”. Other than producing and acting he also served as screenwriter in some movies. But none of these ventures could revive Dame’s previous recognition in the market.
On top of it, Dame went through a notorious divorce settlement with his ex-wife, Rachel Roy which fueled Dame’s declining fortune. The father of two children, Dame underwent a lot of financial stress in recent years as he wasn’t able to pay taxes, rents and ended up selling his $9 million house in $5.5 million.
As of now, Damon has been trying to revamp his broken finances and is in verse of introducing a new clothing line and an oil company in near future. We hope this step will help Damon reach his previous heights of success from his current financial dip as his present net worth amounts negative $2 million.
Quick Facts about Dame Dash
Full Name: Damon Dash
Profession: Businessman, entrepreneur, producer, actor, screenwriter
Height: 5ft 10 in
Ethnicity: African American
Date of Birth: May 3, 1971
Place of Birth: New York City, New York
Marital status: Divorced
Astrological sign: Taurus