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Monday, January 13, 2014

Dame Dash to Jay Z: I'm Not Counting Your Money























Dame Dash may have a new found cordial relationship with the man he helped deliver to the Hip Hop World Jay Z,  but in a recent Details magazine feature, Dame is making it known that he isn't waiting on a handout from his former business partner and best friend who is worth an estimated $500 million. He also still isn't fond of Jay Z's inner circle which includes people like Lyor Cohen, calling them clowns. Dame clearly still holds sour feelings towards Cohen who he blames for driving Rocafella apart. The feature also shines some light on exactly what Dame Dash did with the money he made from the sale of Rocafella and Rocawear which he burned through, living like a billionaire on a millionaire budget.
With the multi-million-dollar checks from those buyouts—$3 million–plus for Roc-A-Fella, $7 million for Rocawear—he had money to burn, and burn it he did: on private chefs and jets, butlers and bodyguards; two lofts in Tribeca, a mansion in Beverly Hills, a $35,000-a-month London apartment, and a $400,000 Maybach. But then shit really did get wack. And amid a series of high-profile repossessions, foreclosures, liens, and press hits that have painted him as a pauper, Dash has tried to rebrand himself as a downtown hipster—a Warhol in baggy jeans running a Lower East Side art collective. Although Dash has shown flashes of his old touch—showcasing indie bands like Sleigh Bells and connecting pals like Mos Def with alt-rock darlings the Black Keys—he has presided over a series of record labels, clothing lines, Internet start-ups, vodkas, movies, sneaker brands, watches, and, inexplicably, motor oils, most of which have failed to take flight.
source›› details
 
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