SAD REPORT: Music Mogul DAME DASH . . On The Verge Of HOMELESSNESS!!!

: According to the Daily News, Dame Dash is just DAYS from getting put out of his house - a MANSION in a NYC suburb. They say he hasn't paid his rent in almost a year and is DEAD BROKE.

Here is the report:

Hip-hop mogul Damon Dash is so deeply in debt that he claims in court documents he faces imminent eviction from a rented mansion in suburban Carmel, N.Y.



“I am currently several months behind in paying my personal bills,” he wrote Tuesday in the 5-page filing. “For instance, I am currently over $100,000 behind in rent for the only home in which I live and at risk of being evicted.”



Dash lost a pair of multimillion-dollar Tribeca lofts to foreclosure in 2010, with $7.3 million left on the massive mortgages.



He was platinum-selling Jay-Z’s partner in Roc-A-Fella Records and the Rocawear clothing line, and once boasted in a magazine interview that he ruled a $50 million empire

Dame is a GOOD DUDE despite what you read elsewhere. We wish him THE BEST . . .

Tags: 50 million carmel court documents daily news dame dash damon dash eviction fella foreclosure hasn hip hop mogul homelessness jay-z lofts magazine interview multimillion dollar music mogul personal bills rocawear clothing line suburb the daily news usd verge

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Comments

lovealwaysajah24
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That's sad to hear @LoveAlwaysAjah INSTAGRAM and TWITTER… I follow back!!!


regasum
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a fool and his money....#JACKASS


daboss007
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Da#n camel throw a dog a bone...ain't funny how when whites and Jews get rich ...they take their people with them...but when we get rich only we get rich we don't help those around us...white guys build a business the whole family gets put on his friends get put on everyone in his circle comes up not with us...sad and we wonder why we cant make it over.


knickfan33
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The story is laughable and not true.damon uni's doing well trust me he is just not trying to pay all those damn taxes at once.lol


MissTam
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Mmmm. Here's a suggestion. Stop living beyond your means. That's what is wrong with black people. Always trying to impress someone for some strange reason. If he knows he can't afford a mansion move in to an apartment! The smart thing to do would've been to sell those lifts before they went into foreclosure. Shame.


mscreative1
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Awww! get it together Dash!


Porkypig786
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Well y would you live in a mansion if u can't afford it. Get a job like regular folks and start over. USA is a land of opportunity you can do it. Its his arrogant attitude plus he ruined that beautiful indian model wife Rachel ray life ... Peasant get to work


yesLIVcan
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Let this be a lesson to all you arrogant mofos who think it cant all turn-around on that azz.... "THE INVASION" HAS BEGUN...... YouTUBE/YesLIVcan


vphilli84
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That's not sad it's hilarious I love it cause this clown help the get aaliyah killed. What goes around comees around. Get his ugly drunk ass out l hope the same happens to camel face one day soon. Kill ur self now dash u bitch


Siafu
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Job 1:21 And said, Naked came I out of my mother's womb, and naked shall I return thither: the Lord gave, and the Lord hath taken away; blessed be the name of the Lord.


cannon8466
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Dame Dame in some shyt! Jay-Z help your boy out! Need Portraits or an event photographer in the NYC Area check out www.rmphotosvideos.com from there you can contact us to learn more details.


Siafu
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Job 1:21 And said, Naked came I out of my mother's womb, and naked shall I return thither: the Lord gave, and the Lord hath taken away; blessed be the name of the Lord.


highyella
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Shyt happens...you live and you learn.


afronerd
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WHY EXACTLY IS THIS SAD NEWS THAT A MINSTREL CEO DIDN'T POSSESS TRUE FINANCIAL ACUMEN AND LOST HIS MONEY? THIS IS A CONSTANT WITH BLACK FOLK AND THIS SITE PROMOTES BLACK FOLKS "SHINING" AND "FLOSSING" AND WASTING MONEY OR BAUBLES OF DIMINISHING VALUE ALL THE TIME. YOU CAN'T PROMOTE CONSPICUOUS CONSUMPTION AND THEN CRY SADNESS OR FOUL, MTO! WOW THIS SITE REALLY IS MINSTREL CENTRAL. THE QUESTION REMAINS WHEN WILL THE COMMENTERS AND HIGH FIVERS GET TIRED OF THE DISRESPECT. SHOCKER!! ANOTHER STORY OF COONERY MASQUERADING AS TALENT AND INFORMATION. DON'T BLACK PEOPLE DESERVE BETTER THAN THIS SH**T? GO TO AFRONERDRADIO.COM FOR ALTERNATIVE URBAN MUSIC, THOUGHT AND CULTURE AIRING TONIGHT AND EVERY SAT AT 6PM AND WD AT 7PM. CALL THE HOSTS LIVE AT 646-915-9620: DISCUSSING LEE DANIELS' THE BUTLER TRAILER, 3D PRINTERS AND GUNS, AND NEW "DIFFERENT URBAN SOUNDS-AFROPUNK, BLACK ROCK, PROGRESSIVE HIP HOP, ACID JAZZ-YOU KNOW THE GOOD STUFF THAT URBAN RADIO REFUSES TO PLAY!


tiplite2004
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Jigga black balled him 4real.



Caspar3000
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A prime example how these bankers can take anything you got. They get you maxed out on loans and you become their slave. The banking insiders get free money off the books to take whatever they want. They just print it up.


MyOpinion2
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That's what happens when you're on top and treat people like $hit. Be careful who you step on because you just might need them on the way down.


theulove
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Walmart hiring...


MS SERENITY
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Somewhat smart dude, made dumb financial choices.........it happens !


TalliedUp
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Dame didn't treat anybody from that label like anything other than who they were. Stop reading the surface S H I T and read about the Jewish liberal media (hint: the people who actually run hip hop along side R. Simmons) and the artists who followed up behind them (Jay-Z alongside others) to make their millions which was a direct reflect of them S H I T T I N G on others with loose B O W E L S.


koolkyree
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my how the mighty have fallen... @koolkyree


queenk777
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Rotlmfao at that pic and the sign in the pic...y'all wrong... he stupid..as soon as he saw his money was getting low, why this fool didn't move...you don't need no damn mansion...you can't take it with u when u die...I'm ot surprised black people need to learn how to manage their money


Chile_Pleeze
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Aaliyah wasn't enough..she was credited as Jay Z's blood sacrifice... time for you to pony up another soul to sacrifice..... @Chile_Pleeze telling the truth since the 80's


KrystleStabss011
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And here goes the Aaliyah sacrifice comments...Thats already been established stfu please


YUNGFLLY
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Damn son he was the man son FOLLOW ME ON IG @FIZZLE4LIFE


SupaGoon
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Renting a mansion lmfao...why not just buy a decent house with that 100k...


Tialove
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So i take it he doesn't have that apartment in london anymore either


can'tstandit
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What dummy rents a mansion?


mizzbizz
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This is the idiot that went on tv telling everyone he only wore his tims once and gave them away because he can afford to buy more and will never have nothing again because he's too important and too wealthy. what a first class jerk!


NYCblackMAN
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He deserves everything he gets and I don't feel bad. I met him once and he had a NASTY BAD ATTITUDE!!!!!! WHEN WILL MY PEOPLE LEARN?????? HAVING AN NASTY MY SHIT DONT STINK EGO WILL ALWAYS GET YOU LOSING IN THE END! Just look around to see the stench! TRUTH!



fik
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Jigga didnt black ball this dude! Dame is the same "Great" business man that alot of you said Jay-z wouldnt m-*ake it without him! If he was asGreat as you all thought, why cant he get other business?! We see which one needs the other!!


sexislim81
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@misstame i couldn't agree with u more


willieava
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like Anna responded I didnt know that any one can get paid $7205 in 4 weeks on the computer. have you seen this site link... www.qr.net/kjQd


Vanessa177
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Its not Jayz that black balled him, its the entire music industry that locked him out he did something wrong. I feel bad for him although he was an arrogant piece of ish i don't want to see him homeless but he defiantly burned some bridges it seem like his industry friends shut him out completely. I'm over and done with Jay-Z he does nothing for his community in Brooklyn but corrupt their minds with garbage. Its kind of strange how he's everywhere now, he's all of a sudden a superstar!! I use to be a fan but now i really want him to go away i don't trust or like him anymore i believe his intentions are bad and you never hear about him doing any type of philanthropy in the U.S yet, he's always in concert. It use to be a treat seeing Jay-z but now its just to damn much. Oh" wasn't this post about Dame Dash???


Vanessa177
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MTO why I Can't say S.H.U.T or S.T.A.R ??? really?


M1STAH TDH
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The fact of the matter is that these entertainers are voluntarily undereducated. Let me explain. These guys for whatever reason brag and boast about how they ditched school and cut class to be in the streets. As a result they're critical thinking skills diminish and they cant do their math properly 'cuz they were never in class or some1 else did the work for them. Most of them pay a "LABEL TAX", buying a bunch of mess they dont need and as much pointless and outrageous things just to wow people they don't like. When u brag about only wearing things once just cuz u can, u end up paying for the same isht over and over again. These be the same dudes who say " I ain't payin no heaux for sex ect." and be in the strip club every week payin thousands to see azz n ptitties. They get a bunch of cars not realizing that once u have a car u NEVER stop paying for it (gas, insurance, registration etc.). SMH. A fool and his money shall soon part. STOP BEING FOOLISH Y'ALL.


Qu33nz89
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Wow how can blow thru all that money like that


mzgoodgood
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Last I remember he was arrogant and had a horrible attitude. He was causing problems between business associates and deals him an Jay had going on. Which is one reason Jay z stop dealing with him. He also came to a business meeting drunk with a bottle of crystal in his hand talking loud and tht was the last straw with him n Jay. So he is getting back what he put out in the world.


KEEYSHAJ50
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WELL HIS LAZY ASS NEED TO GO GET A JOB THEN AND STOP LIVING IN THE PAST SMH,IF AALIYAH WAS STILL ALIVE SHE WOULD BEEN EMBARRASSED BY THIS I BET RACHEL GLAD SHE BOUNCED LOL...


dropdead71
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You mean to tell me AS MUCH $$ as Jay Z has and he can't even help him out? NO RESPECT don't care how good you rap, Jigga really ain't the business if he's that lowdown and greedy!


dropdead71
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And I don't give a F what went wrong, Dash did enough in his own right that he shouldn't be near homelessness period.


Nastyman
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Its funny people keep saying that Jay Z "should" give Dame some money. Why" So he can keep living in a place that he can't afford? When he missed the first two payments he should have moved out and found something cheaper. Just like everyone else I work and pay my mortage, why should Dame get preferred treatment? The fame is over Dame, get a job, live within your means and manage your money better. It might not sound glamorous, but you will have a roof over your head.


Picman
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THAT'S what happens when you make a lot of quick money -- And then give it all back to whiteyy by spending money on all kinds of Bullsshitt!!


l_quow
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I do believe aailyah was sacrificed to make way for Beyone...and wherever her spirit is she is happy folks are realizing this....also if dame and jay grow up.together why not melt you stone heart..forgive him and help him....after all yawl were like fam...but money has no.family or.friends...look at jay z and see how.many ppl remain successful around him.even tho theres more than enough for everyone...these ppl hv no.heart. dame needs to.get up dust off and start over even if it means working at mcdonalds...the ego is your enemy!!


Nailing them
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Lol, @the sign Mto



GIMMICKANNA
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I personally know (we both have a mutual friend) that this fool brought on his own downfall! He's loud, like to show off, like to spend. Had a bad attitude when Jay was trying to make deals and so jay had to let him go from the biz! Leave jay out of it!!!!!! When Dame was spending big, jay didn't reap what he bought so why y'all blamin him (as usual)?!


GIMMICKANNA
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fik flag as inappropriate/spam Jigga didnt black ball this dude! Dame is the same "Great" business man that alot of you said Jay-z wouldnt m-*ake it without him! If he was asGreat as you all thought, why cant he get other business?! We see which one needs the other!!*******Truth!!!!! Y'all can't have it both ways!!!


thickassaries
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Ok yea well bring ur a.s.s. right back down to earth! Whos next?


80Trese
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......Why didn't he file for bankruptcy??? That's what others do. I believe D. Trump has done it personally and through his companies numerous times. AND if this is true, as someone stated above why in the hell are you renting a mansion?? Get a nice little 2 or three bedroom spot so your kids, if they visit you, have a spot to chill. That's all you need. Come down south. It's cheaper. Shout, Special Ed was here, think he still is, LL had a nice crib here, again don't know if he's still here. The Wayans bought their mom a crib down here. Dude from Black Sheep was here, may still be. Pride comes before the fall. Smh...........If push co.es to shove, get a 1 bedroom with a pullout couch. IJS. Humble yourselves. I hate when rappers cry broke for the courts and po'mouth, bowing and all for the white man and then floss everywhere else. A mansion, really?


Bruthamarc
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Don't believe this ...nope not at all.


realtalk132
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He was stupid for not just paying cash for a home when he was a millionaire.You grow broke when you buy big gold chains,and pop tags daily.


Mrs curve
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From riches to rags it's sad nothing last forever it can happen to anyone all the best son


chocdelight
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I agree. He should've just paid cash for a smaller home. #Downsizing.Dash likes to still keep up the facade.Plus, his wife left him when that money started shrinking.


Kellytaylor407
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why should jay bail him out? dame messed up his money on his own.


fungus_ankle
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So he helped a plane crash? Man blacky is now officially worst than whitey. Lmao that's to funny.


Virtual_Vixen
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Live within your means...............and don't front just to save face....................smh..............


rusty cheeks
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hooooo-weeeee


Frankie1Youje
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For real? New to Instagram: Frank_Bouche


jzzybee
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MEDIATAKEOUT, DID I JUST SEE YOU CALL DAMON DASH A "GOOD DUDE" UP TOP? YOU ALL@ MTO DONE LOST YOUR DAMN MIND! THIS GUY IS AN A.Z.Z. HOW DARE YOU TRY AND TAKE UP FOR HIM? WHAT GOES AROUND COMES AROUND!!! END OF STORY!!!


SuhnD
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I would been have ask jay for a job, fuckthadumb shyt



thereal502
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Should of never crossed Hov, couple years later now your house is foreclosed. You lost one one......


zapzap89
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damn this nigga sacrifice aliyah and aint get nothing dont trust the devil


Shamako
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Dame got one option left. Plant some drugs on Jay-Z for the government. He can pretend to make amends with Jay. Wrap Jay up with conspiracy to distribute and then snitch on him. it'll work like a charm.


shellemichelle
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Instead of paying mortgages, BUY YOUR HOMES!! Rich people don't have mortgages, car payments. Pay for everything outright. Don't be o arrogant as to throw clothes and shoes away after wearing them once. Living above means


eyempress
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I guess all of that "poppin tags" crap caught up with him. I remember seeing a story on him, and he just seemed like an arrogant SOB. Unfortunately, it looks like it all caught up with him. I'm sure he'll be fine - if he humbles himself.


Gotitbutsmh
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Can't feel his pain, not smart should have signed every check, it starts there. The accountants always win in court because they tell the story of how you purchased $100K toothbrushes instead of paying for your mansions that you are going to lose anyway cause you can't pay the property taxes....smh dumbass


SSO1
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Dame Dash was a straight asshol* when he was rolling in the dough, this is one hell of a wake up call aint it? Pop bottles with your rich boy swag now... punk bi*ch... I cant stand him. ...and scene...