Scott Storch Down To His Last $100 After Blowing $70 Million Fortune. Files For Bankruptcy
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<p><span style="font-size: 12pt;">Once worth</span> <strong style="font-size: 12pt;">$70 million</strong><span style="font-size: 12pt;">,</span> <strong style="font-size: 12pt;">Scott Storch</strong> <span style="font-size: 12pt;">is trying to financially regroup by filing for bankruptcy.</span></p>
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<p><span class="font-size-3"><a sl-processed="1" rel="nofollow" href="http://www.tmz.com/2015/06/24/music-producer-scott-storch-files-bankruptcy/" target="_blank">TMZ</a> reports that Storch claims to have only <strong>$3,600</strong> in assets, <strong>$100</strong> in cash, a <strong>$3000</strong> watch and <strong>$500</strong> in clothing. His music companies aren't worth one penny.</span></p>
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<p><span class="font-size-3">In 2014 he says he made <strong>$10,000</strong>.</span></p>
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<p><span style="font-size: 12pt;">At one point Scott was one of the go-to producers in music. He was behind the boards on</span> <strong style="font-size: 12pt;">50 Cent's</strong> <em style="font-size: 12pt;">"Candy Shop,"</em> <strong style="font-size: 12pt;">Fat Joe's</strong> <em style="font-size: 12pt;">"Lean Back,"</em> <strong style="font-size: 12pt;">Jadakiss'</strong> <em style="font-size: 12pt;">"U Make Me Wanna,'</em> <strong style="font-size: 12pt;">Chris Brown's</strong> <em style="font-size: 12pt;">"Run It,"</em> <strong style="font-size: 12pt;">G-Unit's</strong> <em style="font-size: 12pt;">"Poppin' Them Thangs"</em> <span style="font-size: 12pt;">and many more.</span></p>
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<p><span class="font-size-3">The 41-year old Long Island, New York native's downfall began in 2003 when he developed a cocaine habit. In 2006 he blew <strong>$30 million</strong> in six months splurging on drugs, 20 luxury cars, a private jet, an 18,000-square-foot Miami mansion and a yacht</span></p>
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<p><span class="font-size-3">“The cost of the drug didn’t effect my life,” Storch told <a sl-processed="1" rel="nofollow" href="http://www.mtv.com/news/1613761/how-scott-storchs-cocaine-addiction-made-him-spend-30-million-in-six-months/" target="_blank">MTV</a> in 2009. “It was the poor decisions I made, that were so poor financially, that caused me to go into this situation where I was forced to change my lifestyle … forced to change a lot of things. [I had] 15 to 20 cars at all times,” he continued.” That’s not smart. I would take one of 15 half-million-dollar cars I owned and go to the mall and spend that much money. Stupid, stupid stuff. It’s like it didn’t make a difference. They were ego investments. I would have been great with three or four cars! I didn’t need a 117-foot boat.”</span>

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