What is Damon Dash Net Worth?
Damon Dash is a $100 thousand net worth American record producer, entrepreneur, and music executive. Unlike his former boyfriend Jay-Z, who is now a millionaire, Damon has had several documented financial problems in recent years.
In late 2019, Damon told a judge in New York that he was too poor to pay child support because many creditors had taken most of his income. We’ll examine his financial past in this piece.
Quick Information
- Name – Damon Anthony Dash
- Date of birth – 3 May 1971
- Profession – Actor & Entrepreneur
- Source of Income – Acting & Business
Damon Dash is a record label executive, entrepreneur, film producer, director, and actor from the United States.
He was generally recognized as one of the most prominent hip-hop moguls in his heyday, with an estimated net worth of $50 million, for co-founding the record label ‘Roc-A-Fella’ with Kareem Burke and Jay-Z.
Damon Dash’s ambitious collaboration with Victoria Beckham aided him in gaining enormous fame throughout Europe. In the early 2000s, Victoria was not only the face of his fashion company, Rocawear, but she also recorded an album produced by Dash.
Damon Dash Net Worth, Income & Property
- Total net worth – $100 thousand
- Monthly Income – $2,500 +
- Yearly Income – $30,000 +
Early Life
On May 3, 1971, Damon Dash was born in Harlem, New York. He attended prestigious schools in New York and realized his musical vocation at a young age.
To purchase sneakers and t-shirts as a teenager, he would scrub floors at a nearby barbershop and sell newspapers. Damon says he “learned to hustle” from his mother, who died of an asthma attack when he was 15.
Career
Damon Dash met Shawn Carter in the early 1990s, a promising Brooklyn rapper known as ‘Jay-Z.’ After receiving a negative response from major record labels, the pair formed Roc-A-Fella Records with Kareem “Biggs” Burke in 1995.
Reasonable Doubt, Jay-debut Z’s album, was published on the label and sold 500,000 copies. Soon after, he signed a joint venture arrangement with Def Jam Records, which brought on more artists like DMX, Red Man, and Method Man.
Damon Dash, not one to waste the coin of his newfound fame, expanded into other projects under the Roc-A-Fella banner. In 1998, he founded Roc-A-Fella Films to produce urban films and hip-hop documentaries such as Backstage, which increased his net worth.
In 1999, he and Jay-Z founded Rocawear, a hip-hop-inspired apparel line aimed at urban men. By 2000, Rocawear’s sales had surpassed $100 million, placing the company in direct rivalry with Tommy Hilfiger and Calvin Klein.
He also formed DD172, a media collective that included a magazine (America Nu), a record label (BluRoc Records), a web design firm (VNGRD79), and an art gallery.
Personal Info
- Known as – Damon Dash
- Current Age – 51 years
- Birthplace – New York, United States
- Hometown – New York City
- Sun sign/ Zodiac Sign – Taurus
- Religion – Christian
- Nationality – American
Physical Appearance
- Height – In centimeters – 178 cm, In Meters – 1.78 m, In feet inches – 5′10″
- Weight – In Kilograms – 80 kg, In pounds -176 lbs
- Eye Color – Brow
- Hair Color – Bald
Family
- Father – N/A
- Mother – N/A
- Brother – Bobby Dash
- Siblings – 1
- Children – 4
Relationship & Personal Life
- Affairs – N/A
- Marital Status – Divorced
Read More: Steve Wozniak Net Worth
Damon Dash was born in New York City on May 3, 1971. He lost his mother when he was 15 years old. He learned to “hustle” as a youngster, selling newspapers and sweeping the floors of local Harlem barber shops to purchase apparel and footwear.
He dated Aaliyah, an R&B artist whom he met in 2000. They were married until Aaliyah’s untimely death in 2001.
He married fashion designer Rachel Roy in 2005, and the pair has two kids, Ava and Tallulah. They divorced in 2009 following a contentious divorce and custody fight.
Dame “Boogie” Dash, born in 1991 with Linda Williams, and Lucky, born in 2005 with Cindy Morales, are Damon Dash’s two kids from previous relationships.
Legal Issues
Rapper Curren$y filed a $1.5 million lawsuit against Dash in 2012 for publishing his song without his consent. In a statement, Dash’s lawyer claimed that Dash had a legal right to distribute the music.
Dash’s ex-wife, Rachel Roy, accused him of domestic abuse and requested a restraining order in April 2015. Their girls were given to Roy as exclusive custody.
The court issued a three-year restraining order against Dash for Roy and her kids. Days later, Dash sued Roy for $2.5 million in purported damages for allegedly handling their joint fashion company, Royale Etnia, improperly.
After suing filmmaker Lee Daniels for $5 million to recover a $2 million investment plus interest, Dash settled in 2018. Early in his career, Lee received financial assistance from Dash; despite his success, it is said that Lee never managed to pay him back.
Dash was jailed in November 2019 after failing to pay more than $400,000 in child support. Dash was detained in New York City for two warrants while in town for an unrelated Federal Court hearing.
The first warrant was issued in the case of Cindy Morales at the Supreme Court of New York County in April 2015; he owes $62,553 since 2012.
A second warrant was issued in March 2019 in the case of Rachel Roy at the Bronx Family Court. In 2015, he was sentenced to pay her $341,991 in damages and $25,000 in attorney expenses. Dash is said to have spent more than a million dollars to be released.
Frequently Asked Questions
Q.1 What is Damon Dash’s net worth?
Ans: Damon Dash’s net worth is $100 thousand.
Q.2 What is Damon Dash’s age?
Ans: Damon Dash is 51 years old.
Q.3 What is Damon Dash’s height?
Ans: Damon Dash is 5 ft 10 in tall.
Q.4 What is Damon Dash’s annual Income?
Ans: Damon Dash earns $30000 annually.
Q.5 What is Damon Dash’s birth name?
Ans: Damon Anthony Dash is the birth name of Damon Dash.