Scott Storch Going Broke

by Jokesta on December 13th, 2007

http://media.defsounds.com/uploads/assets/170/182/5116/asset.jpgSource: New York Daily News: December 11, 2007 - - COULD music producer Scott Storch's cash flow be running low? One Florida insider told Page Six Storch's credit cards were recently declined at a Miami club. "He's had to pay cash for everything," said the source.

In 2006, Rolling Stone reported that Storch , who has worked with 50 Cent, Fat Joe, Christina Aguilera and Beyoncé, was worth $70 million.

But by August 2007, Forbes had that number down to $17 million, and
we've reported on Storch's panache for covering lady friends like Lindsay Lohan in expensive diamond jewelry.

A rep for the mogul had "no comment" for Page Six.

 
 
 
 

icon Comments icon Comments

bellvsbellabout 1 year ago
70 mil to 17 I dont belive that for a sec unless Sug Knight is representin his ass.

www.myspace.com/bellvsbell check out my beats

peace
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bellvsbellabout 1 year ago
Shug*
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geez16about 1 year ago
suge*
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raiseupabout 1 year ago
well it can happen… mike tyson was worth about $300 million at one point and we all see how hes living now… then again don king pretty much robbed him…
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bellvsbellabout 1 year ago
fuck it i cant spell for shit but My beats is fire

www.myspace.com/bellvsbell

p.s fuck the cowboys
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birdman05about 1 year ago
naw nigga fuck YOU cowboys the best in the nfl boy (FUCK NEW ENGLAND)
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happynizzleabout 1 year ago
Yeah I thought he was spending more than he makes… The again its a rumor.
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wiz10labout 1 year ago
Even more important…since when did having $17MILLION and owning ALL of your properties, vehicles, boats, and business mean that your BROKE?

Shiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiit….

I mean he’s not on Hov’s level… but he’s damn sure lightyears ahead of me (for the time being) lol.

Broke?

Interesting…

~Be Eazy!
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msulincabout 1 year ago
they say dude is broke… credit cards declined… but he still can pay cash for everything??? that aint being broke!
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barsquadrepabout 1 year ago
Great Point! Wiz
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birdman05about 1 year ago
70 to 17 mill aint broke in my book
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jarrardabout 1 year ago
yea 17 mil is still a lot of money
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munnyabout 1 year ago
I gotta agree with Wiz on this….shits just about as stupid as sayin Michael Jackson’s broke
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kimboslyceabout 1 year ago
its a big drop but sure ain’t broke give me 1 mil and i’d be happy!
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aubdyer2about 1 year ago
Shit, you could even give me a half a mill and i’ll be straight. lol
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nnamdyabout 1 year ago
CUZ U BROKE SON..IF BILL GATES GOT TRUMPS MONEY TOMORROW,FORBES U GON SAY HES BROKE..
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ttysn15about 1 year ago
yall right about that shit. and anyway, if he is “broke” the niggaz he put on with them bangers should shoot him a little bread. niggaz still eatin off a lot of his beats
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dcinthesouthabout 1 year ago
HA! i hope u arent implying that he actually has talent? Hes trash. His beats are EXTREMELY mediocre. There are plenty of better producers. Ones who are underrrated and underpaid. Hi-tek, Soundtrack, 9th Wonder, No ID, would smash this little bitch. But i guess since lame rappers like 50 Cent and Fat Joe are associated with him that makes him great. HA! again.
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eazyyabout 1 year ago
gad damn….this nigga spend like almost half his original cash on FEMALES
aint that a bitch
where did $53mil go 2?
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karmaloopabout 1 year ago
lol Lindsay’s pimpin the hell outta him.. still 17 mil ain’t no joke
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oliwoodabout 1 year ago
dis nigga is ugly like a monkey ass he has to burn his money to fuck a shot lol
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superhead69about 1 year ago
how u go down from 70 to 17 get ur hustle back up scott
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619hoodstarabout 1 year ago
70 to 17 is bad wtf are you guys talkin about, dont think about the 17 million he has think about the amount he used 76% of his net worth in one year at that rate next time this year he’ll be in the unemployment line lol…….
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chinamannabout 1 year ago
credit cards can be declined for anything….
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domo202about 1 year ago
^^^17 MILLION AINT BAD BITCH U DONT HAVE IT OR NOBODY ELSE IN HERE HAVE IT HE STILL GOT MONEY BUT NOT AS MUCH AS HE HAD AT 1ST
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illseedabout 1 year ago
i’ll tell yall were that 53 mil went… that damn episode of cribs- whips & dubb edition he showed off like 10 of his cars none cheaper than a hundred thou! he is FAR FROM BROKE! LOL @ the media… nice spin..
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ninpoabout 1 year ago
lmao!!!!!!! 17 still aint broke

if storch think he so broke he should throw a mil my way, since it aint shit for him
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fukthasystemabout 1 year ago
“Scott Storch Going Broke”



shittt hes still richer than 99 percent of us lol
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renzosbabout 1 year ago
look if some one goes to 70mil to 17mil that doesn’t mean that they are broke it jus means that he is a big spender and if he doesn’t stop spendin he will be broke. but until scotch storch confirms that the numbers are true he still got that money
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eckdawg5about 1 year ago
anyone ever watch the all out show? when he had beef with timbaland they were dissin him hard.
“faggot looks like a tough bart simpson”
hahaha
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protectyaneckabout 1 year ago
is it me or does he look like a 12 year old make a wish foundation kid dying of cancer… no disrespect to those who are
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dayoungboiabout 1 year ago
storch fuckin up!!!
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mixedmami19about 1 year ago
LMFAOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO
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flowamaticabout 1 year ago
lol… he payin 4 pussy & prolly ain’t even hittin it… stupid muthafucka… he need 2 step his game up…

myspace.com/956aceflow
myrgv83.com/aceflow
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kingnavarreabout 1 year ago
what are you talking about why did you just make that up to sounds cool i swear everyone on this site does nothing but talk dumb shit fuck you cause u like this and thats or yall haters or oh dat mah shyt nigga fuk dat and dis the rapper i like da bes your shit stupid half you motherfuckers probably really talk like that or your white just trying to sound like your hood thats fuckin weak
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10stacksabout 1 year ago
Going Broke get the fuck outta here he went from 70 million to 17million oh wow he’s going broke that fukin sounds stupid.
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jamalhansabout 1 year ago
HE GOTS MORE MONEY THAN ALL OF THE STAFF AT DEF SOUNDS PUT TOGETHER! HA!

AND KING NAVARRE COME DOWN TO JAMAICA AND 222, I’LL SHOW YOU WHATS UP.
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adrinconabout 1 year ago
This dude looks like fucken Bart Simpson.
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nnamdyabout 1 year ago
he want wat he cant afford,,bugatti veyron..happy new year yall
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mdellisabout 1 year ago
Well when you the type of lifestyle he lives you often spend according to that style. So to go from 70 million to 17 million in a matter of a year’s time….that’s a BIG decline. If that’s what he’s trying to average each year, he isn’t gonna make it. Not on a 17 million dollar budget. If his cars alone are 10% of his net worth, he has a spending problem! But shouldn’t he be collecting residuals off of his intellectual property such as royalties from music?..
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mdellisabout 1 year ago
Well when you live the type of lifestyle he lives you often spend according to that style. So to go from 70 million to 17 million in a matter of a year’s time….that’s a BIG decline. If that’s what he’s trying to average each year, he isn’t gonna make it. Not on a 17 million dollar budget. According to the comparison from Rolling Stone and Forbes, he spent approximately 53 MILLION in ONE year. That’s alot If his cars alone are 10% of his net worth, he has a spending problem! But shouldn’t he be collecting residuals off of his intellectual property such as royalties from music?.. I mean, 17 million sounds good to me too because I DON’T live that type of lifestyle (yet!) but for someone of his caliber it isn’t much. It’s nearly an insult.
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mdellisabout 1 year ago
Well when you live the type of lifestyle he lives you often spend according to that style. So to go from 70 million to 17 million in a matter of a year’s time….that’s a BIG decline. If that’s what he’s trying to average each year, he isn’t gonna make it. Not on a 17 million dollar budget. According to the comparison from Rolling Stone and Forbes, he spent approximately 53 MILLION in ONE year. That’s alot! If his cars alone were 10% of his net worth, he has a spending problem! But shouldn’t he be collecting residuals off of his intellectual property such as royalties from music?.. I mean, 17 million sounds good to me too because I DON’T live that type of lifestyle (yet!) but for someone of his caliber it isn’t much. It’s nearly an insult.
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deucedadonabout 1 year ago
Stupid Nigga!
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