American record executive, entrepreneur, and record producer Damon Dash’s net worth is $100 thousand.
Originally Damon Anthony Dash, Damon Dash was born on May 3, 1971, in New York City, USA.
Dash, together with Jay-Z and Kareem Burke, co-founded Roc-A-Fella Records.
Since the beginning of his career, he has proven to be a tireless worker.
Similarly, Dash has worked with some of the entertainment industry’s most well-known performers and on several films.
Damon utilized his influence to venture out into various businesses and industries during the peak of his career.
Likewise, Dash experimented with filmmaking, marketing, and talent management, among many other activities.
Moreover, Damon has had a lot of documented financial troubles in recent years, unlike his former partner Jay-Z, who is now a billionaire.
Damon informed a New York judge in late 2019 that he was too impoverished to pay child support, having creditors garnishing the majority of his earnings.
Damon Dash | Quick Facts
Let’s look at quick facts to understand more about Damon Dash.
|Birth Name||Damon Anthony Dash|
|Professional Name||Damon Dash|
|Birth Date||May 3, 1971|
|Age||52 Years Old|
|Birth Place||New York City, USA|
|Height||1.78 m (5 feet 8 inches)|
|Weight||171.96 lbs. (78 kg)|
|Eye Color||Dark Brown|
|Profession||Entrepreneur, Record Executive, Music Manager, Media Proprietor, Actor|
|Mother’s Name||Cindy Morales|
|Television Show||Dame Dash TV (2016)|
|Spouse||Rachel Roy (M. 2005; Div. 2009)|
|Girlfriend||Aaliyah (2000–2001), Raquel Horn (2015–present)|
|Children||5 ( Ava Dash, Damon Dash II, Tallulah Ruth Dash, Lucky Dash, Dusko Dash)|
|Merch||Backstage, We Went To China, Honor Up|
|Social Media||Twitter, Instagram|
|Last Update||December 2023|
Damon Dash | Net Worth and Income
Music executive, actor, record producer, and businessman Damon Dash’s net worth is $100 thousand.
Damon has earned his wealth through many successful business ventures.
He owes the majority of his success to record production, as it paved the way for further successful initiatives.
Damon arranged a tour for Jay-Z in 1999 that grossed $19 million. As a result, he earned a considerable amount from the deal.
Similarly, Dash’s substantial income came from his record label, which has signed several famous artists.
Along with his partner, Dame sold the label for $10 million to its parent company, The Island Def Jam Music Group.
He even had his own film company, which produced many notable films.
In 2005, Damon sold his stake in the clothing company “Rocawear.” The amount he received was equal to $22 million.
Curren$y, a rapper, sued Dash for $1.5 million in 2012 for publishing his music without his permission. Dash’s lawyer said in a response that Dash posted the piece legally.
In addition, Damon was forced to pay $50,000 to Linda Williams, the mother of his child Boogie, in 2014.
Dash settled a lawsuit he filed against filmmaker Lee Daniels in 2018 for $5 million, plus interest, to regain a $2 million investment.
Despite his later success, Lee got financial assistance from Dash early in his profession and is said to have failed to repay him.
At one point, Damon Dash had a net worth of $50 million, which crumbled down due to financial trouble.
If he continues to rise through the ranks of success like he has in recent years, he may soon be worth even more than the $50 million he once inherited.
Net Worth of Damon Dash in Different Currencies
Let’s look into Damon Dash’s net worth in different currencies, including the cryptocurrency Bitcoin.
|Pound Sterling||£ 75,973.50|
|Australian Dollar||A$ 132,903.60|
|Canadian Dollar||C$ 124,437.50|
|Indian Rupee||₹ 7,576,895|
Damon Dash | Houses & Cars
As of December 2023, Damon Dash’s net worth is $100 thousand.
In the 1990s, he purchased 5,875 square feet Mediterranean villa in Beverly Hills. In 2007, Damon sold the house for $3.5 million.
Similarly, in the mid-2000s, he loaned $7.3 million to purchase a property in New York City’s Tribeca neighborhood.
Unfortunately, Damon could not resell them and pay the $78,000 installment payments.
In 2004, Dash paid $1.8 million for an apartment at 79 Laight Road in TriBeCa and $3.8 million for a flat at Moore Street in TriBeCa, New York City.
After purchasing a home on Berkery Place in Alpine, New Jersey, for $2,100,000 in 2000, Damon sold it for $3,075,000 in 2003.
Furthermore, Damon expressed his appreciation after his Los Angeles home unexpectedly survived a raging wildfire in 2018.
The blaze, which engulfed the equivalent of 100 football fields every minute in some regions, endangered Dame’s home in Los Angeles.
Fortunately for Damon, his home survived the fire, whereas the properties in the surrounding region were destroyed.
Talented businessman and music executive Damon Dash has had a collection of automobiles.
Of his several cars, his top pick is a $400,000 Maybach.
Similarly, Dash also owns a Range Rover, which ranges between $89,000 to $177,000.
In addition, he used to drive a premium 2-door SUV with real diamond inlays inspired by the Range Rover Sport.
Furthermore, Damon’s Mercedes-Benz was unconsciously involved in a catastrophic vehicle accident in midtown Manhattan in 2005, injuring six people.
Thankfully, he wasn’t in the car but came after the accident to check the damage.
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Damon Dash | Lifestyle and Vacation
As of December 2023 Damon Dash’s net worth is $100,000.
Multi-talented entrepreneur and music producer Damon Dash lives a comfortable life.
At 15, he lost his mother to an asthma attack. Damon worked odd jobs to help pay for some of his necessities, such as shoes and clothing.
As a teenager, Dash dusted the floors of a neighborhood barbershop and sold papers to help pay for sneakers and clothes.
Damon met R&B singer Aaliyah through his accountant in New York City in the summer of 2000 and dated her until she died in an aircraft crash in the Bahamas on August 25, 2001.
Moreover, Dash stated in interviews that the couple had planned to marry even though they were not officially engaged.
Dash wedded stylist Rachel Roy in 2005. They first met while she was a trainee at Rocawear.
The then couple had two children, namely Ava Dash and Tallulah Dash. They had a lengthy custody battle after their divorce in 2009.
Dash has a son named Dame “Boogie” Dash with his former girlfriend, Linda Williams. Boogie is a cast member of “Growing Up Hip Hop.”
Similarly, he and Cindy Morales have another son, Lucky, born in 2004.
In addition, he is currently engaged to Raquel Horn, with whom he has another child.
Damon Dash was charged by his ex-wife with domestic violence and sought a restraining order against him in April 2015.
Roy was given full custody of the couple’s two daughters. The court approved her and her daughters a three-year restraining order against Dash.
Dash filed a $2.5 million lawsuit against Roy for purported damages for reportedly mismanaging their joint fashion company, “Royale Etenia.”
Similarly, Damon was arrested in November 2019 for his inability to make more than $400,000 in child maintenance.
Dash was detained for two warrants while in New York City for an unconnected Federal Court hearing.
The first lawsuit was filed in April 2015 in the case of Cindy Morales in the Supreme Court of New York County; he owed $62,553 since 2012.
In the Bronx Family lawsuit of Rachel Roy, a second order was issued in March 2019. In 2015, he was forced to repay her $341,991 plus $25,000 in attorney expenses.
Furthermore, Dash has paid over $1 million to be freed.
Damon Dash loves vacationing and spending quality time with his family.
“Living every day like a vacation” is a motto he always follows. Dash is often seen relaxing beside a beach and having fun.
He has named the Plaza Athenee his absolute favorite hotel in Paris.
Unfortunately, Dash shattered his clavicle while bodysurfing during his trips to Mexico.
As a manager of famous musical artists, Damon has traveled the world through musical tours.
Damon Dash | Charity
Damon Dash has helped many non-profitable organizations throughout his career.
Dash donates to charity on occasion. He once gave away 30 used shirts and sets of socks for donation.
After living with Type 1 diabetes for most of his life, Damon founded the “Dash Diabetes Network.”
The network enables individuals with or without diabetes to understand more about the disease and live a healthier lifestyle.
Damon Dash | Movies, Investment, and Endorsement
Damon Dash has starred in and produced several movies and television series. According to IMDb, he has 19 credits as an actor and 33 as a producer.
He has featured in movies such as Steele Justice (2020), Honor Up (2018), Red Apples Falling (2009), Death of a Dynasty (2003), State Property (2002), and many more.
Similarly, Damon has acted in television shows like Event of My Demise (2019).
Damon Dash’s net worth as of December 2023 is $100 thousand.
He has invested in several companies and brands in his career.
Dash’s involvement with “Blind Debit,” a biometric payment software, was announced in April 2014.
Damon launched “DD172,” a media company that includes the magazines “America Nu” and “VNGRD79,” as well as the record label subsidiary “BluRoc Records.”
There is also an art gallery in his list of investments.
Dash’s latest investment would be his online clothing store, “Poppington.”
Damon Dash has sponsored a few companies and brands in his career.
Damon has shown his support for Armadale Vodka.
In 2011, Dame partnered with an oil facility in Williamsburg, Brooklyn. They supplied motor oil under the name “Dame Dash.”
Moreover, as a record producer and label owner, Dash has endorsed several artists.
Damon Dash | Career
Damon Dash got his big break in the music industry by producing the first album of Original Flavor, a 90s rap group.
Dash encountered Shawn Carter, a brilliant rapper from Brooklyn who went by the stage name Jay-Z, in the early 1990s.
In 1995, the pair joined forces with Kareem “Biggs” Burke to form Roc-A-Fella Records in reaction to the dismal reception of big record labels.
“Reasonable Doubt,” Jay’s debut album, was distributed under the label and sold 500,000 copies.
In 1998, he founded Roc-A-Fella Films to produce urban films and hip-hop documentary films like “Backstage.”
Some Interesting Facts About Damon Dash
- Damon Dash has a huge footwear collection of 1,300 pairs of sneakers in his closet.
- Dash enrolled in boarding school to receive a better academic achievement than he was getting at the time.
- Damon is well-known for utilizing his musicians and labels to promote his other businesses.
Does Damon Dash has a book?
“Culture Vultures“ is a book that explores behind-the-scenes at the creative and commercial minds of Damon Dash.
Why did Damon Dash and Jay-Z’s relationship turn sour?
In 2004, when Def Jam Recordings acquired Roc-A-Fella Records, Jay-Z agreed to become the president of Def Jam. Similarly, Jay-Z purchased Dash out of his Rocawear investment in late 2005. These were the reasons their relationship turned sour.
Why is Damon Dash’s net worth so low?
Due to several financial troubles and spending habits, Damon Dash’s net worth is so low.
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