Scott Storch used to be on of the hottest super-producers in the game and was at one time worth $70 million, now he is filing bankruptcy with only $100 in cash.
Storch was the man behind some of the biggest hits for Justin Timberlake, Chris Brown, Pink, Fat Joe, Beyonce, 50 Cent, and Jadakiss. From 2001 to 2005 he produce almost a dozen hits that landed on the Billboard Hot 100. The producer has fallen far from where he used to be by filing Chapter 13 bankruptcy stating that he only has $3,600 worth of assets to his name: $100 in cash, $500 in clothes, and a watch worth $3K. Last year he only reported earning $10,000 and his businesses, Storch Music Company and Tuff Jew Productions, are valued at nothing.
The man behind “Lean Back” blew his money on drugs, fast cars, nice houses, and expensive flights. However, this isn’t his first time being at an all time low. In 2009 he filed for Chapter 13 bankruptcy after he home foreclosed and he was arrested for grand theft auto for the Bentley GT he leased.
Storch has been trying to get back on his grind by producing songs for Rick Ross (who was arrested overnight) and trying to transform himself into an electro-pop singer.
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