Table of Contents
Roc-A-Fella is founded by Damon Anthony Dash who is also regarded as Dame Dash. He founded it with Jay-Z as well as Kareem Burke. His hard work, as well as investments, made his net worth of 2 million today.
Being a 49-year American actor he is multi-talented from being a producer, director, record executive to entrepreneur. That’s why Dame Dash Net Worth (@duskopoppington) is in the millions.
He is also the founder of a media collective regarded as DD172 which is composed of a web design firm, gallery, a record label division, VNGRF79, a magazine that generated maximum revenue. In 1999 he gained approximately $19,000,000 because of the success of the company named Roc-A-Fella. Through organising a tour with Jay-Z he earned this amount. After Dame Dash net worth increased to a further $50 million.
As he started his journey Dash has proven his worth by being an extremely hard worker. He has also collaborated as well as working with some of the music industry’s most versatile artists and has worked on several films.
Dame Dash Net Worth – Business Venture
In Williamsburg, Brooklyn in 2011 he partnered with an oil factory to sell oil products under his name. Dame is the owner of Damon Dash Gallery which is considered to be a gallery of DD172 situated at Duane St in the New York city of Tribeca Lower Manhattan.
Dame Dash founded a media collective known as DD172. He started with his two co-founders named McKenzie Eddy as well as Raquel Horn who worked with him on his different music projects. All of this increased Dame Dash net worth more.
In 2019 he announced his newest business venture on Twitter. It was a very proud moment for him to announce it. He also repurchased a majority of his interest in the clothing company of Rachel Roy. According to his plan, his two beloved daughters named Tallulah as well as Ava would be the face of his company.
Properties owned by Dame Dash
Dash is a renowned American record producer, music executive as well as entrepreneur whose net worth is estimated to be at $2 million. The revelation of a fact that he owed around $2 million in back taxes was done during the proceedings of his divorce while he was revealing all of it to the judge. He was amid foreclosure on two of his apartments in New York City. This tells us a lot about Dame Dash Net Worth.
In 2015 he sold his asset and the value of the stake in Rocawear was purchased for $22,000,000 by Jay-Z. He had put this luxurious pad on rent which was $15000 per month. He owned approximately $162,000 as a rental fee. A swimming pool, as well as a music studio, is boasted by the pad.
He is also the owner of a range rover with diamonds as well as a private jet. This gives us a perfect idea about Dame Dash net worth. Check out Rowan Atkinson Net Worth as well.
Legal Troubles He Faced due to his Net Worth
Several NYC law firms as well as several other creditors sued him for the lack of payment. Since he was not able to keep up with the monthly payment of $700 his Chevy Tahoe was repossessed.
He was also forced to abandon his Tribeca New York home which was worth $9 million. It was later sold for $5.5 million in foreclosure. At the same time, Rocawear was sold by Jay-Z for $219 million to Iconix Brand Group.
In the year 2015, August, the fact that he owed $4.14 million in back taxes was revealed to the state of New York. A lawsuit was filed against him for $1.5 million. Since the music was released without permission.
According to TMZ, in the year 2010 to release the music on Dash’s label as well as BluRoc, the collaboration was made between Dash and Spitta. Although the finalisation of the contract never happened.
Dash released the music of the New Orleans Rhymesayer and a complaint was filed against him seeking $1.5 million for damaging the unauthorized release.
How did Dame Dash become such a Versatile Star?
Jay-Z was the business partner of Dash in 1999 at Roc-A-Fella records and he earned $19 million after organising a tour for Jay-Z. That’s how Dame Dash net worth increased to such an extent.
After two subsequent events, their relationship got stronger. Def Jam recordings purchased Roc-A-Fella records. Earlier the company was the owner of it in 2004. After that Jay-Z became the president of Def Jam.
In the late Dash was bought by Jay-Z out of the stake in Rocawear. In the year 2014, April, the announcement that Dash is associated with Blind Debit was made. Dez White developed a fingerprint payment application.
Sneak Peek into Dash’s Personal Life
Through his accountant in the summer of 2000 in New York City, he met an R & B singer. He also dated her until 2001, August 25, where a plane crash took place in the Bahamas and unfortunately she died.
After the death of Aaliyah although they didn’t get formally engaged but during the interviews Dash revealed that they are planning to tie the knot soon. In 2005, the marriage between Dash and Rachel Roy who is a fashion designer took place. He dated her before his relationship with the late Aaliyah. The couple met each other at Rocawear when they were working as an intern there.
The couple was blessed with two daughters named Ava Dash who was born on 7th December 1999 and the name of his other daughter named Tallulah Dash who was born on 14th May 2008.
They took divorce in 2009 followed by a bitter custody battle. He and his former girlfriend Linda Williams gave birth to a son named Dame Boogie Dash who was born on 28th November 1991.
His son made an appearance in the television reality show named Growing up Hip Hop. His other son named Lucky was born in 2004 and the name of his mother was Cindy Morales. Dash along with his fiancée Raquel Horn got blessed with a son on 2020, November 14th named Dusko Dash.
In his teenage years, he used to sell old newspapers as well as sweep the floors of barbershops to purchase new clothes for himself since his mother died due to an asthma attack when he was just 15 years old.
Major financial problems faced by him in the past
In 2014, Dash was instructed to pay her former wife, Linda Williams who was the mother of his son named Boogie an amount of $50,000 since he was prosecuted on harassment charges which were put by Linda in 2009. In April 2015, Rachel Roy who was Dash’s ex-wife alleged him for domestic abuse and meanwhile, she filed for a restraining order against him.
Sole custody of his daughters was given to Roy. Roy as well as her daughters were granted a three-year restraining order against Dame Dash. A $2.5 million worth claim was filed against Roy by Dash for the asserted damage for mishandling Royal Etnia which was their joint fashion business.
In 2018 a suit was settled by Dash which he filed against Lee Daniels who is a famous director. He requested $5 million for recouping the investment worth $2 million with interest. In his early career, Dash immensely supported Lee.
Lee never repaid him despite his great success. In the year 2019, November, Dash got arrested because he failed to pay more than $400,000 in support of his child. When he got arrested consecutively for two warrants he made an appearance in Federal Court in New York City.
In April 2015 the first warrant of Dash was issued in the Supreme Court in New York in association with the case of Cindy Morales. Since 2012 he owed her around $62,553. Dame Dash net worth kept decreasing.
The second warrant against Dash was issued in March 2019 in the case of Rachel Roy in the Family Court of Bronx. He was instructed to pay her $341,991 as well as $25,000 in the name of attorney fees in the year 2015. According to the reports he paid more than $1 million.
Frequently Asked Questions (FAQs)
Q1. What happened between Jay-Z and Dame Dash?
A: Damon Dash was sued by Jay-Z as well as Roc-A-Fella in June. He was allocated by both of them since he tried to auction the debut 1996 album of Jay-Z named Reasonable Debut in an NFT form which is a non-fungible token. According to him, Jay-Z attempted to purchase his share of Roc-A-Fella in a match at a price that was deemed unacceptable for him. That’s why he started looking for another buyer.
Q2. What was the age of Dash when he started dating Aaliyah?
A: They both started dating each other in 2000 and Aaliyah’s age was 21 years at that time. Damon was eight years older than him, at the age of 29, he started dating the singer. Later they both stated that the understanding between them is perfect and he never had any stronger connection like her before.
Q3. What is the Dame Dash network?
A: The studio of Dame Dash was a platform that delivers the best in TV as well as Film content for the millennial generation. Through the studio of Dame Dash, you can watch different TV shows, music, series and films according to your preference and as many times as you want.
Q4. How much Roc-A-Fella was sold for?
A: Shawn Jay-Z Carter, Kareem Biggs Burke and Dash created Roc-A-Fella in 1995. In 1997 it became an essential division of Def Jam. Half of Roc-A-Fella was sold by its co-founders at $1.5 million which is quite a larger label.
Q5. What is the name of Dame Dash’s daughter?
A: The name of Dame Dash daughter is Ava Dash and Tallulah Ruth Dash.
Conclusion
Dame Dash founded a media collective known as DD172. In 2019 he announced his newest business venture on Twitter. It was a very proud moment for him to announce it. In 2015 he sold his asset and the value of the stake in Rocawear was purchased for $22,000,000 by Jay-Z.
In 2019 he announced his newest business venture on Twitter. It was a very proud moment for him to announce it. At the same time, Rocawear was sold by Jay-Z for $219 million to Iconix Brand Group. This gives us a perfect idea about Dame Dash net worth.
He had put this luxurious pad on rent which was $15000 per month. He owned approximately $162,000 as a rental fee. A swimming pool, as well as a music studio, is boasted by the pad.
Through organising a tour with Jay-Z he earned this amount. This gives us a perfect idea about Dame Dash net worth. He is also the owner of a range rover with diamonds as well as a private jet.
Jay-Z was the business partner of Dash in 1999 at Roc-A-Fella records and he earned $19 million after organising a tour for Jay-Z. Since he was not able to keep up with the monthly payment of $700 his Chevy Tahoe was repossessed.
The revelation of a fact that he owed around $2 million in back taxes was done during the proceedings of his divorce while he was revealing all of it to the judge. In the year 2014, April, the announcement that Dash is associated with Blind Debit was made. Dez White developed a fingerprint payment application.
In the year 2015, August, the fact that he owed $4.14 million in back taxes was revealed to the state of New York. A lawsuit was filed against him for $1.5 million. He requested $5 million for recouping the investment worth $2 million with interest. In his early career, Dash immensely supported Lee.
