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Damon Dash Files for Bankruptcy as He Claims He's $25 Million in Debt and Has Just $4,350 to His Name
Damon Dash filed for Chapter 7 bankruptcy in Florida on Thursday, Sept. 4, listing his total liabilities at $25.3 million, according to court documents obtained by PEOPLE.
The music executive and entrepreneur, 54, filed for Chapter 7 bankruptcy in Florida on Thursday, Sept. 4, listing his total liabilities at $25.3 million, according to court documents obtained by PEOPLE.
The documents say Dash’s domestic support obligations are more than $647,000, and he owes the government $19.1 million in taxes and other debts. Dash owes hundreds of thousands to his ex-wife Rachel Roy, with whom he shares daughters Ava, 25, and Tallulah, 17, as well as Cindy Morales, the mother of his son Lucky, 21, and Linda Williams, mom to his son Boogie, 33.