Scott Storch was untouchable in the mid 00’s, producing hit after hit for some of the biggest superstars in music, eventually racking up a network of over $70 million. Those days are long gone now, though.
TMZ reports that the producer has filed for bankruptcy, with documents claiming he has a grand total of $3,600 of assets to his name: $100 in cash, $500 in clothing and a $3k watch. The documents also reveal that his music companies are valued at $0, and he made a measly $10,000 for all of 2014.
Storch has been known for both a rampant drug problem and over-the-top living (with a huge Miami mansion and a garage full of foreign whips,) and he reportedly even blew through $30 million in a 6 month span. Lesson here: drugs are bad.