Damon Dash, better known as Dame Dash, was once a force to be reckoned with in the entertainment industry. Co-founding Roc-A-Fella Records and the Rocawear clothing line, he helped launch the careers of iconic figures like Jay-Z and Kanye West.
Given his contribution to launching some of the biggest stars that we know now, it makes sense that people are curious to know and explore more about his current net worth. How much money did he make doing what he did?
Want to know more about Dame Dash’s net worth and his career highs and lows? We have explored all the details in this guide.
Quick Facts
| Full Name |
Damon Anthony Dash
|
| Birth Date | 3 May 1971 |
| Age | 53 Years |
| Country of Origin | New York, New York, United States |
| Nationality |
United States of American
|
| Profession | Actor, Film director, Film actor, Record producer, Screenwriter, Composer, Film producer, Talent Manager, Entrepreneur and Media proprietor |
| Marital status | Married |
| Height | 5 ft 10 in (1.78 m) |
| Spouse |
Rachel Roy (m. 2005–2009)
|
| Social Media Accounts: | |
| Net Worth (as of 2024) | $100 Thousands |
| Last Updated: | May 4, 2024 |
Early Life
Damon Dash, popularly known as Dame Dash, was born on May 03, 1971, in Harlem, New York. His life growing up was filled with luxury, given that his parents were well-settled and quite rich. This explains why Damon attended private schools growing up.
Some reports suggest that Damon found his musical calling quite early on in his life, which explains why he wanted to extrapolate the same for other singers too. Despite attending private schools, Damon was dedicated to making his own money to be able to afford things he loved.
So, during his teenage years, Damon used to sweep floors at a barbershop near his house and even distributed newspapers to be able to earn some money on the side. He used that to buy sneakers and T-shirts. One of the biggest tragedies that Damon experienced was when he lost his mother at the age of 15.
Career
In 1994, he teamed up with Shawn “Jay-Z” Carter and Kareem Burke to establish Roc-A-Fella Records. While Jay-Z handled the rhymes, Dash’s business acumen proved crucial. He secured distribution deals, navigated industry politics, and fostered a creative environment that attracted talents like Kanye West and Beanie Sigel.
Through innovative music videos and savvy marketing, Roc-A-Fella propelled these artists to fame, and with them, Dash’s success. In 1999, he co-founded Rocawear with Jay-Z, capitalizing on hip-hop’s cultural influence by creating a clothing line that resonated with the youth.
Despite these diversified efforts, Dash’s finances took a downward turn. He faced lawsuits over unpaid taxes and debts, eventually losing ownership of both Rocawear and Roc-A-Fella. Legal battles with Jay-Z further strained his financial resources. In 2015, reports suggested his net worth plummeted to a mere $100,000, a stark contrast to his former wealth.
Personal Life
Dash’s relationship with Jay-Z turned rocky, culminating in a public falling out and legal battles. He married fashion designer Rachel Roy in 2005, but their union ended in a messy divorce in 2009. The couple are parents to three children. These issues, coupled with Dash’s penchant for big spending, started eroding his financial stability.
Net Worth
With the kind of hit that Dash’s career took, it plummeted his net worth to a mere $100,000, which is quite a downfall from the impressive $50 million that he once had in his bank account. Despite the challenges, Dash seems to be living a lowkey life out of the media to focus on himself.
