Scott Storch finally going broke?

Yeah, I completely meant he spent $53 million on drugs for 1 year. He spends $2K minimum a day on crack alone, and owes drug dealers large sums of money ($40,000 to an East Coast dealer, $50K to a West Coast). In other words, when people are wondering how just buying expensive cars & boats runs through $53 million, they now know his drug addiction is contributing to that.

No, but it certainly contributes to his decreasing money.

 

WTF??? Did his dealers mention this in a press conference or was it on an interview with Larry King?? Seriously, where did you hear this???

 

Well there's a small plate on the Veyron with his name on it stating that it is the fourth Veyron in the U.S. so I'm guessing it's not a rental.

 

Tim and Storch made up a long time ago, shortly after Storch brought that song out I believe. Both have since mentioned that they have nothing but respect for each other these days.

 

Is it just me or has anyone else seen no real source for all these reports? Seems to just be internet rumours. If anyone has a link/source with some sort of credibility would they please post it.

 

To people saying its entirely his fault , there are countless sports or music artists who end up naked because their trusted manager ****ed em with the next big thing investment ( remember Rocky IV )..

Im not saying its the case but since every info we have here is shady ...i might as well add to the shadyness...

 

I'm not saying that at all.

I know storches history, assuming wikipedia is right, and he wasn't anywhere near a millionaire in his teens. He didn't start to make it big until 4-5 years ago.

Dan

edit: I thought it was 2003 when he started, not 1993.

 

Making money and being smart are two entirely different things. Just because you might make it younger rather than older doesn't mean you're smart. And being smart doesn't necessarily mean you'll make a lot of money no matter what age you are.

I know some stupid people with money. Really stupid.

RMX

 

According to records, the sale date to him of his house is 5/19/2006. It shows that he is still the owner

.. 16982 x $618 per Sq. Ft. (10 bed, 16 bath)

He took a loan for 3/5th the selling price.

 

Most of them aren't solid reports, but we'll see in a few days if they're true.

Storch doesn't look the kind of person to have a manager, but be a manager himself.

 

What's happening in a few days?

 

That's when most news sites (or sites that bathe in this stuff) tend to get their info after the claims start spreading through the web.

 

That shot of S. Storch at the trailer is classic.


Perfect album cover for his next breakoutta debt comeback project.

 

Yeah, like they day Trent Reznor's manager said to him "You've got $400K in cash".

....wow.

 

That is one expensive loan!

 

Why do you know so much about this?

 

Recently? No, he's label free

http://blog.wired.com/music/2007/10/trent-reznor-es.html

 

not even close!

one could buy a a new baglieto open 130 footer for that money. that yacht pictured is a joke comparitively.

 

I was behind his house yesterday by boat. There is nothinmg tied up at his dock and the whole yard is looking unkept. The grass is full of weeds and the pool wasn't looking so fresh.

 

No pickup on blocks and hunt'n dawgs running around the cement pond???

 

People rumoring that this is his Veyron up for sale, now. Looks a lot like his, so I'm guessing they're right.
http://cgi.ebay.com/ebaymotors/Other-Makes-Veyron-Bugatti-2006-Bugatti-Veyron-2-400-Miles-3-DAY-AUCTION-LOW_W0QQitemZ330237101644QQcmdZViewItem?hash=item330237101644&#ht_1336wt_0

 

Yup...that's his car and the interior is a little worn. Also he's smoked in it so it should be worth a lot less?

 

Arent there still allocations for new veyrons ? Assuming Im correct, why would anyone buy this car ?

I would think if you can shell out $1m+ for a used one you can cough up the extra for a new one.