\t\t\t\t\t\t\t\t\t\t\t\tby Mary Spiller <\/p>\n
September 6, 2025<\/p>\n
Dash, cofounder of Roc-A-Fella Records, says he has just $4,000 in assets.<\/p>\n
Roc-A-Fella Records co-founder Damon Dash has declared bankruptcy, revealing he has little more than $4,000 in assets while facing over $25 million in debts.<\/p>\n
Dash, who launched the influential label with Jay-Z and Kareem \u201cBiggs\u201d Burke in 1994, submitted a Chapter 7 bankruptcy petition in Florida on Sept. 4. The filing comes nearly one year after his one-third ownership stake in Roc-A-Fella was auctioned off by the state of New York in an attempt to cover his mounting obligations.<\/p>\n
Court documents show Dash has only $100 in cash, with personal property valued at $4,250. That includes $2,500 in jewelry, along with a cellphone, clothing, and two firearms. Meanwhile, his liabilities amount to a staggering $25.3 million. Of that total, nearly $19 million stems from unpaid taxes owed to New York, New Jersey, and California.<\/p>\n
The former record executive also lists more than $600,000 in overdue child support payments to his ex-partners Rachel Roy and Cindy Morales. In addition, Dash owes almost $5 million to film producer Josh Webber. The two have been locked in legal disputes since 2019 over a failed collaboration on the movie Dear Frank. Webber secured an $823,000 judgment against Dash in 2022, followed by another $4 million defamation lawsuit that resulted in a default judgment this past March.<\/p>\n
Last summer, the state of New York placed the winning $1 million bid to acquire Dash\u2019s Roc-A-Fella shares, aiming to reduce his outstanding balance. <\/p>\n
Roc-A-Fella, which dissolved in 2013, continues to earn royalties from Jay-Z\u2019s debut album Reasonable Doubt. That revenue is expected to flow into the company until 2031, when copyright termination rights will revert full control back to Jay-Z.<\/p>\n
Speaking on behalf of Dash, attorney Brian Zinn framed the bankruptcy filing as a tactical move. \u201cChapter 7 bankruptcy is a strategic decision that allows individuals to reorganize their finances and get a fresh start,\u201d Zinn told<\/a> Billboard<\/em>.<\/p>\n He added: \u201cBankruptcy is a legal tool that many successful people have used to restructure their obligations.\u201d<\/p>\n RELATED CONTENT<\/strong>: Damon Dash Partially Fulfills Court-Mandated Order, Expects To Fully Comply In August<\/p>\n","protected":false},"excerpt":{"rendered":" by Mary Spiller September 6, 2025 Dash, cofounder of Roc-A-Fella Records, says he has just $4,000 in assets. Roc-A-Fella Records co-founder Damon Dash has declared bankruptcy, revealing he has little more than $4,000 in assets while facing over $25 million in debts. Dash, who launched the influential label with Jay-Z and Kareem \u201cBiggs\u201d Burke in […]<\/p>\n","protected":false},"author":1,"featured_media":28573,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2023\/07\/GettyImages-1134781368-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[10666],"tags":[9247,4495,18814,4496,3290,1406,18816,1226,18815],"class_list":["post-28572","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-reparations","tag-bankruptcy","tag-damon","tag-damon-dash","tag-dash","tag-debt","tag-files","tag-jay-z","tag-million","tag-roc-a-fella"],"rttpg_featured_image_url":{"full":["https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2023\/07\/GettyImages-1134781368-scaled-1.jpg",0,0,false],"landscape":["https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2023\/07\/GettyImages-1134781368-scaled-1.jpg",0,0,false],"portraits":["https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2023\/07\/GettyImages-1134781368-scaled-1.jpg",0,0,false],"thumbnail":["https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2023\/07\/GettyImages-1134781368-scaled-1.jpg",150,150,false],"medium":["https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2023\/07\/GettyImages-1134781368-scaled-1.jpg",300,300,false],"large":["https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2023\/07\/GettyImages-1134781368-scaled-1.jpg",1024,1024,false],"1536x1536":["https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2023\/07\/GettyImages-1134781368-scaled-1.jpg",1536,1536,false],"2048x2048":["https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2023\/07\/GettyImages-1134781368-scaled-1.jpg",2048,2048,false],"post-thumbnail":["https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2023\/07\/GettyImages-1134781368-scaled-1.jpg",370,265,false],"kava-thumb-s":["https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2023\/07\/GettyImages-1134781368-scaled-1.jpg",150,85,false],"kava-thumb-s-2":["https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2023\/07\/GettyImages-1134781368-scaled-1.jpg",230,230,false],"kava-thumb-m":["https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2023\/07\/GettyImages-1134781368-scaled-1.jpg",400,400,false],"kava-thumb-m-vertical":["https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2023\/07\/GettyImages-1134781368-scaled-1.jpg",370,500,false],"kava-thumb-m-2":["https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2023\/07\/GettyImages-1134781368-scaled-1.jpg",570,450,false],"kava-thumb-l":["https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2023\/07\/GettyImages-1134781368-scaled-1.jpg",1170,650,false],"kava-thumb-xl":["https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2023\/07\/GettyImages-1134781368-scaled-1.jpg",1920,1080,false],"kava-thumb-masonry":["https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2023\/07\/GettyImages-1134781368-scaled-1.jpg",600,999,false],"kava-thumb-justify":["https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2023\/07\/GettyImages-1134781368-scaled-1.jpg",640,640,false],"kava-thumb-justify-2":["https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2023\/07\/GettyImages-1134781368-scaled-1.jpg",1280,640,false]},"rttpg_author":{"display_name":"#RiseCelestialStudios","author_link":"https:\/\/design-providers.com\/rise\/author\/ralph-c\/"},"rttpg_comment":0,"rttpg_category":"REPARATIONS NEWS<\/a>","rttpg_excerpt":"by Mary Spiller September 6, 2025 Dash, cofounder of Roc-A-Fella Records, says he has just $4,000 in assets. Roc-A-Fella Records co-founder Damon Dash has declared bankruptcy, revealing he has little more than $4,000 in assets while facing over $25 million in debts. Dash, who launched the influential label with Jay-Z and Kareem \u201cBiggs\u201d Burke in…","_links":{"self":[{"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/posts\/28572","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/comments?post=28572"}],"version-history":[{"count":1,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/posts\/28572\/revisions"}],"predecessor-version":[{"id":28574,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/posts\/28572\/revisions\/28574"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/media\/28573"}],"wp:attachment":[{"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/media?parent=28572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/categories?post=28572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/tags?post=28572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}