Scott Storch was once one of the most successful and sought-after producers in hip-hop and pop music. He at one point was estimated to be worth $70 million. Yesterday, June 24, the Philadelphia native filed for bankruptcy for the second time. According to TMZ, Storch declared assets worth $3,600: a $3,000 watch, $500 in clothing and $100 cash. He reports making roughly $10,000 in 2014, with zero income coming from his music production companies.
The bad luck streak for Storch just seems to be endless. He hasn’t had a song chart on Billboard Hot 100 since 2006. XXL spoke to him in 2010 after his stint in rehab and declaring bankruptcy for the first time. Four years later we spoke to the once superproducer about venturing into the world of EDM and returning to hip-hop plus his new material. However he has yet to release any new music.
In between his fast rise to fame to his second bankruptcy, Scott Storch has endured a ton of hardships. He once spent $30 million in less than sex months on drugs, got charged with grand theft auto, failed to pay property taxes on his $10 million mansion and his child support, got arrested in Las Vegas for cocaine possession and was sued by an aspiring artist who claimed Storch was too drugged out to produce. A detail article on Scott’s life published by the Miami New Times in 2010 detailed the original Roots member’s wild spending and drug habits.
It’s pretty sad to see Storch, the man who crafted “Cry Me a River” for Justin Timberlake, “Fighter” for Christina Aguilera, produced 50 Cent (“Candy Shop,” “Just a Lil’ Bit,” G-Unit’s “Poppin’ Them Thangs”), Fat Joe (Terror Squad’s “Lean Back,” the Lil Wayne-featuring “Make it Rain”), co-wrote Dr. Dre’s “Still D.R.E.,” and more is flat broke.
Here are Storch’s biggest troubles.