Damon Dash, an ex-rap mogul who used to be able to afford expensive things, stopped paying the mortgage on his Tribeca loft and it went into to foreclosure. It was snatched up and is now back on the market.
Back a few years ago when he could still afford a Range Rover, rap mogul Damon Dash was shelling out millions to advertise Roc-A-Fella properties in Hip Hop magazine XXL. What kind of coverage does a buy like that get? Depends. When blindly filling out insertion orders, all he received was a bunch of gossip items, but the minute he complained and threatened to pull ad dollars, the mag actually gave him the cover along with Cam’ron. Then Editor-in-Chief, Elliott Wilson, was fully complicit in the shady dealings and wrote this nonsense in an attempt to justify the purchased cover story while not alienating BFF Jay-Z: Read more »
At one point, Damon Dash, co-founder of Roc-A-Fella Records and Rocawear, was worth “about $50 million dollars,” but now he owes $2 million in taxes, has banks foreclosing on his two Tribeca condos, and even had his Chevy Tahoe seized because he couldn’t pay the $700 lease. But he still continues pimping a luxury lifestyle. Through his Tiret jewelry company, Dash is releasing an iced-out Range Rover with “real diamond accents,” among a host of other options that are likely beyond his means. |JustLuxe via Luxist| Read more »
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