Scott Spencer Storch is known for a plethora of hits that even we lost count a long time ago! Now, the veteran producer-hitmaker is reportedly broke and is now filing for bankruptcy… again.
Storch has worked with artists like: Christina Aguilera, Justin Timberlake, Chris Brown, Lil Wayne, Pink and so many more — making him worth $70 million over time.
Originally, he blew $30 mil in a 6 month span on drugs, women, cars, houses and the list goes on. That was the first draw.
Today, TMZ reports that Scott only has $100 in his pockets, $500 in clothing and a $3k watch. And, what makes it even worse, his music companies are valued at $0.
While filing his papers, he also claims in the bankruptcy docs that he made a grand total of $10,000 last year.
This should definitely be a lesson for every rapper, producer, artist to put your money away. Save it. Invest it. Be smart.
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This post was originally published on Stuff Fly People Like.
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