Monday, October 23, 2023

The Le'Nalors News of The Week - Dame Dash “Broke” But “Proud,” Roc-A-Fella Co-Founder Says


Figures like Benzino and Dame Dash were at the top of their game decades ago, but as time has passed, so have the ways of the music industry. Now, the landscape looks completely different, and the men responsible for running The Source and Roc-a-Fellahave unfortunately fallen on hard financial times. Both have been open about their struggles in the past, with Dash recently speaking his truth on an episode of The CEO Show. During his interview, the 52-year-old confirmed that he's been watching his bank account balance dwindle for years, despite all that he previously accomplished as an executive and entrepreneur.

"I’ve had to start [a] new company from scratch, without any money to start it with," the guest told host Dr. Taje Moreno. "I had to do it [by] rubbing two sticks together. So I can’t pay out three or four hundred thousand a year in child support, ‘cause I ain’t making that. But I’m not ashamed of that because I have things to show for it, but it hasn’t profited yet," he confidently continued.

In addition to that, the New Yorker clarified that the ownership stake in his ex-wife Rachel Roy's fashion line was taken into consideration when the payments were determined. She presently controls that equity, which Dash believes should supplement Roy for the missing child support. "You can’t be mad at me and make me feel bad if the money that I had to give the kids, you got, and you still expecting me to pay that while I’m investing and losing money for years," the father of three vented.

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