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Scott Storch, the master behind mid-2000s smash hits like 50 Cent’s “Just a Lil Bit,” Candy Shop,” Chris Brown’s “Run It,” and Justin Timberlake’s “Cry Me a River,” is now nearing rock bottom after mismanaging the several millions of dollars.
TMZ is reporting that Storch has fallen on very tough times, and he only has $3,600 to his name. “$100 in cash, $500 in clothing and a $3k watch.” Hitting your peak is a day-by-day nightmare I do my best to not ever approach, and it’s guys like Storch who keep me going. In the words of the antagonists from White Chicks, this dude is not just “Martha Stewart broke,” but rather “MC Hammer broke.”
Seriously, this guy’s story is straight out of a Martin Scorsese movie. After winning the lottery with music’s best talents investing their time and trust in him, he hit it big and made a gazillion dollars. From there, he did only what Wolf of Wall Street‘s Jordan Belfort could, and according to MTV, Storch spent an absurd amount of money in an equally absurdly short amount of time: $30 million on a South Florida mansion, a private jet, a 117-foot yacht, over a dozen sports cars, and, most importantly, a newfound cocaine habit — all from August 2006 to January 2007. You can catch a glimpse of Storch’s luxurious life of leisure in this clip from MTV Cribs.
That was about 10 years ago. Ouch.
The depressing reality of this guy’s rags-to-riches-to-rags roller coaster journey is the fact that Storch is the father of two children. Let’s hope he can make a comeback.
At the end of the day, regardless of the how much money you make or what kind of crowd you take, it’s crucial to always keep in mind the lesson Lawrence Taylor wisely preached to all kids in the 1998 classic The Waterboy..
[via TMZ]
Image via YouTube
I wish I could afford a coke habit