Famed Music Producer Worth $70 Million Now Bankrupt

Famed Music Producer Worth $70 Million Now Bankrupt at $100

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If you thought your day was going bad, think again. From being one of the worlds richest music producers showing off exotic supercars and mansions on MTV cribs, Scott Storch only seems to have “a grand total of $3,600 of assets to his name — $100 in cash, $500 in clothing and a $3k watch”

Scott Storch — the famed music producer who produced tracks for Christina Aguilera, Justin Timberlake, Beyonce and a slew of others — was worth $70 million.

Now he’s got a hundred dollars cash. Storch filed for bankruptcy claiming he has a grand total of $3,600 of assets to his name — $100 in cash, $500 in clothing and a $3k watch.

Most shocking … his music companies are valued at $0. Storch produced some of the biggest records in music history, including Timberlake’s “Cry Me a River” and Aguilera’s “Fighter.”He claims in bankruptcy docs he made a grand total of $10,000 last year.

As for how Storch lost his money, he reportedly blew through $30 mil in a 6 month span on drugs.He also spent a fortune on cars, houses and other extravagances.

TMZ

 

Source: TMZ

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