With a net worth of $100,000, Damon Dash is an American record producer, businessman, and music executive. In contrast to his former partner Jay-Z, who is currently worth a billion dollars, Damon has had several documented financial problems in the past few years.
Damon informed a New York judge at the end of 2019 that he was too poor to pay child support because numerous creditors were taking the majority of his earnings. We’ll go over his past financial circumstances in detail in this post.
Most people likely associate Damon Dash with co-founding the record company Roc-A-Fella Records. Jay Z and Dash were co-founders of the Roc-A-Fella label. In addition, he and Jay-Z co-founded two apparel brands, including Rocawear. Eventually, Rocawear became a successful brand that sold for hundreds of millions of dollars.
Why was Damon Dash Sued by Curren$y?
Rapper Curren$y filed a $1.5 million lawsuit against Damon Dash in 2012, claiming that Dash had released tracks without his consent. According to a statement published by Dash’s lawyer, the music was released in compliance with the book.
Why was Damon Dash sued by Jay Z?
A lawsuit alleging that Damon Dash intended to sell his portion of the record label’s first album, “Reasonable Doubt,” as an NFT was settled in June 2022 between Jay-Z and the former owners of Roc-A-Fella Records. To stop Dame from trying, Jay-Z issued a restraining order the year before.
Meanwhile, A federal jury largely acquitted Damon Dash of charges of sexual assault at the beginning of 2023. In 2019, Monique Bunn filed a lawsuit against him, claiming that during a video shoot, he had improperly touched her while she was asleep at his house. Although the jury did not find Dash accountable, they did give Bunn $30,000 in damages, although the lawsuit had originally sought tens of millions of dollars.
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