Scott Storch famous music producer who produced tracks for Christina Aguilera, Justin Timberlake, Beyonce and a large number of others – was worth $70 million. Presently he’s got a hundred dollars cash.
Storch filed for bankruptcy asserting he has a grand total of $3,600 of assets to his name – $100 in real cash, $500 in clothing and a $3k watch. Most stunning … his music organizations are valued at $0.
Storch created some of the greatest and 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.
Concerning how Storch lost his money, he supposedly blew through $30 mil in a 6 month span on drugs.
He also spent a fortune on cars, houses and other extravagances.