Scott Storch, the fallen hip-hop producer who made hits for Beyonce, Chris Brown, Pink, Christina Aguilera and Justin Timberlake before blowing a fortune on his reckless, opulent lifestyle, has reportedly filed for bankruptcy.
According to TMZ, Storch filed bankruptcy documents in which he claims to own just $3,600 in assets including $100 in cash with the rest tied-up in clothing and a watch.
It’s an incredible tumble from the top for a music man who amassed personal wealth of $70 million and breezed through it on parties, cars, cocaine and all the trappings and extravagances of fortune and fame.
Scott Storch Wants Another Shot
Storch, who wrote and produced nearly a dozen Billboard Hot 100 top 10s between 2001 and 2005, told Billboard last year he was writing and producing songs for rapper Rick Ross, DJ duo Dimitri Vegas & Like Mike and DJ Steven Lee and reshaping his career as an electro-pop singer. Plans were to release a four-song EP of melody-driven EDM, drum’n’bass and trap this year, written, performed and produced almost entirely himself.