{"id":2002085,"date":"2025-09-06T15:39:18","date_gmt":"2025-09-06T15:39:18","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2002085"},"modified":"2025-09-06T15:39:18","modified_gmt":"2025-09-06T15:39:18","slug":"damon-dash-files-for-bankruptcy-cites-25-million-debt-and-almost-no-assets","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/damon-dash-files-for-bankruptcy-cites-25-million-debt-and-almost-no-assets\/","title":{"rendered":"Damon Dash Files for Bankruptcy, Cites $25 Million Debt and Almost No Assets"},"content":{"rendered":"<p><\/p>\n<div data-article-body=\"true\">\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Damon Dash, the once high-flying hip-hop mogul who co-founded Roc-A-Fella Records with Jay-Z and Kareem Burke, has filed for personal bankruptcy in Florida, citing $25 million in debts and almost no assets.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">In his 56-page petition obtained by Rolling Stone, Dash says he has no monthly income, no house, no car, no publicly traded stocks, no retirement account, and only about $4,350 in worldly possessions. He lists his assets as two guns, furs, jewelry worth $2,500, designer wear, TVs, computers, and some electronics. He only has $100 cash in hand, he claims.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\"><strong>More from Rolling Stone<\/strong><\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">The 54-year-old <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.yahoo.com\/entertainment\/happening-dame-dash-shares-roc-173146100.html\" data-ylk=\"slk:former Rocawear boss;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">former Rocawear boss<\/a>, known for his work promoting Cam\u2019Ron and Kanye West early in their careers, says his towering debt includes $19 million in back taxes owed in California, New York, and New Jersey, as well as the $4 million default judgment he owes filmmaker Josh Webber for allegedly defaming Webber on a podcast. Dash also owes nearly $650,000 in domestic support obligations, including $160,000 owed to his ex-wife Rachel Roy, the fashion designer mother of his two daughters, and another $207,600 owed to Cindy Morales, the mother of one of his sons, according to the filing. <\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Dash filed his voluntary petition Thursday and posted about it Friday <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.instagram.com\/p\/DOOxesyiTXw\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:on Instagram;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">on Instagram<\/a>. \u201cNow let\u2019s get to work <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.instagram.com\/explore\/tags\/staytuned\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:#staytuned;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">#staytuned<\/a>,\u201d he wrote in the caption announcing the news to his 1.3 million followers. Dash also reposted a video showing him playing with his four-year-old son Dusko, whom he shares with his fianc\u00e9e Raquel Horn, an author and wellness advocate.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Horn regularly posts photos showing the suburban Tampa home she shares with Dash and their son in Winter Haven, Florida. The lakefront home was purchased for $1.2 million in 2022 and lists Horn as the primary owner, according to public records.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\"><strong>Best of Rolling Stone<\/strong><\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Sign up for <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cloud.email.rollingstone.com\/signup\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:RollingStone's Newsletter;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">RollingStone&#8217;s Newsletter<\/a>. For the latest news, follow us on <a rel=\"nofollow\" target=\"_blank\" href=\"http:\/\/bit.ly\/31XsHSx\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Facebook;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Facebook<\/a>, <a rel=\"nofollow\" target=\"_blank\" href=\"http:\/\/bit.ly\/2TkcoeG\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Twitter;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Twitter<\/a>, and <a rel=\"nofollow\" target=\"_blank\" href=\"http:\/\/bit.ly\/2TntOHq\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Instagram;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Instagram<\/a>.<\/p>\n<\/div>\n<p><script async src=\"\/\/www.instagram.com\/embed.js\"><\/script><\/p>\n<p><em> \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n<p><em> \u2018 Some details of this article were extracted from the following source www.yahoo.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Damon Dash, the once high-flying hip-hop mogul who co-founded Roc-A-Fella Records with Jay-Z and Kareem Burke, has filed for personal bankruptcy in Florida, citing $25 million in debts and almost no assets. In his 56-page petition obtained by Rolling Stone, Dash says he has no monthly income, no house, no car, no publicly traded stocks, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2002086,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25173],"tags":[350530,364236,364237,352028,314737],"class_list":["post-2002085","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artists","tag-damon-dash","tag-kareem-burke","tag-retirement-account","tag-roc-a-fella-records","tag-rolling-stone"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2025\/09\/Damon-Dash-Files-for-Bankruptcy-Cites-25-Million-Debt-and.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2002085","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2002085"}],"version-history":[{"count":0,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2002085\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2002086"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2002085"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2002085"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2002085"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}