Home Music Industry News The Struggle is Real – Famed Producer Scott Storch Files for Bankruptcy

The Struggle is Real – Famed Producer Scott Storch Files for Bankruptcy

Scott-Storch_0Rick 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.

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