Rick James�once said, “Cocaine is a helluva drug.” Yes, cocaine can cost a pretty penny but it is the lifestyle that is often accompanied with the drug that leads� industry heavyweights to the poor house. TMZ is reporting that Scott Storch, who produced tracks for Beyonce, Christina Aguilera, Justin Timberlake, and a host of others is broke. Once worth $70 million, Scott Storch, who also played keys and produced tracks for Dr.
Dre for years has got $100 cash to his name. Storch filed for bankruptcy claiming he has a grand total of $3,600 of assets to his name and the aforementioned $100 in cash. Also reported in the bankruptcy documents are $500 in clothing and a $3k watch.
The once famed producer, who at one time was on top of the music industry has music companies that are currently valued at $0. He claims in bankruptcy docs he made a grand total of $10,000 last year. It was reported on several occasions that Scott Storch lived a ridiculous lifestyle that included cocaine binges, lavish houses, cars, trips, and anything else you could spend $30 million on in a 6 month time span.
As the late great rick james said, “Cocaine is a helluva drug.” We do wish Scott Storch the best and we hope he can recover from this.