Dame Dash Full Net Worth and Details About His Wife and Family

What is Dame Dash’s net worth?

Dame Dash, also known as Damon Dash is a record producer, entrepreneur, and actor. He is well-known as the co-founder of the now-defunct Roc-a-fella records. Dame Dash’s accounts were found delinquent by the IRS putting him in millions of debts, his current net worth is estimated at $10 thousand, unlike his one-time partner Jay-Z who is a billionaire as of today.

Early Beginnings and Rise To Stardom

Damon Dash was born on May 3, 1971, in New York City. Losing his mom to an asthma attack at the age of 15, Damon took up odd jobs to afford some of his needs including shoes and clothing. Among those jobs included selling newspapers and sweeping the floors of barbershops. In order to get a better education, Dash was sent to attend a private school.

He later ventured into drug-dealing but abandoned it after losing many friends. He then developed a passion for music and began producing music and promoting artists, in the process he met a rapper who would turn out to become Jay Z. As Jay-Z’s manager, Damon Dash organized a tour that made $20 million in profits.

Together with Jay Z, they founded Roc-A-Fella records which turned out to be a multi-million dollar music label. A music mogul once worth $50 million, Dash lived lavish and began to branch out into different businesses including clothing line Rocawear which generated an annual revenue of about $450 million, Armadale Vodka whose sales skyrocketed, film production and marketing. Unfortunately, Dash and Jay-Z’s relationship began to grow sour at Damon’s peril, causing his finances to nosedive gradually.

How He Lost It All

Following the friction in the relationship between Dash and his business partner/friend Jay Z (although in recent interviews he has been quoted saying that he is unsure if the friendship was ever real), the latter began an alliance with Def Jam’s boss Lyor Cohen and in 2004, Def Jam purchased Roc-A-Fella with Jay Z assuming as the new president.

In the process, Damon lost the Roc-A-Fella name and majority of the artists including prospects like Kanye West to Def Jam. About a year later, Jay Z alongside other partners of Rocawear expelled Dame from the company which he had 25% stakes via a $22 million buyout leaving him with just $7 million.

It an attempt to bounce back, Damon started his own record label and clothing line but all failed. Soon he was owing back payments in child support as well as to other creditors, his wife filed for divorce, Uncle Sam came for his own bite in his dwindling net worth

In 2009 Damon Dash went broke revealing in a court hearing that he owed $2 million in taxes. Damon lost his  $9 million Tribeca New York home and his Chevrolet Tahoe which required a monthly payment of $700 in foreclosure. In 2015, his debts grew to a little over $4 million.

As far as we know, Damon has managed to pay up half of his back taxes. He is involved in a number of ventures to help pay his debt in full, some of them include a collaboration with Kanye to produce a horror movie, as well as a partnership with Dez White to launch fingerprint payment application known as Blind Debit.

Damon Dash Dated Aaliyah Before He Married Rachel Roy 

Damon Dash’s personal life has always been a source of interest for his fans, and it’s not hard to see why – his personal life is as interesting as it gets. From his relationship with legendary artist – Aaliyah, to his ex-wife being accused of having an affair with Jay Z and even multiple baby mamas dragging him to court for child support, it’s easy to understand why his personal life is always in the headlines.

Over the course of the years, his most notable relationships have been his relationships with Aaliyah, Rachel Roy and Raquel M. Horn.

Aaliyah

• Date of Birth: January 16, 1979 (d. August 25, 2001)

• Occupation: Musician

• Place of Birth: New York City, U.S.

The whole world knows Aaliyah as the iconic ‘Princess of R&B’ who sadly lost her life at the peak of her career. Due to her fame and popularity, many aspects of her life attracted the attention of the media and her fans, and this includes her relationships. At the time of her untimely death, she was in a relationship with Damon Dash, whom she had met in 2000.

Even though they were not engaged before the beautiful singer lost her life in a plane crash, Dash has come out to reveal that before Aaliyah’s death, they had spoken about getting married. He went on to reveal that losing the “One in a Million” singer hasn’t just affected his relationships, but also his entire life.

It was after the death of Aaliyah that he went on to later build a relationship with Rachel Roy when she worked with Roca wear that he co-founded with Jay Z.

Rachel Roy

• Date of Birth: 15 January 1974

• Place of Birth: Monterey, California

• Occupation: Fashion Designer

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In 2005, Dash got married to Rachel Roy, whom he had previously dated before his relationship with Aaliyah. However, the marriage only lasted till 2009. At the time of their bitter separation, the couple had two children together – Ava Dash, who was born in 1999 and, Tallulah Ruth Dash who was born in 2008.

After the divorce, there was a very intense, dirty, and public fight on social media and in the law courts with regards to who was to have custody of the children. At the end of it all, Dash lost the battle to his ex-wife. The cause of the divorce was not given.

Though Rachel Roy is an accomplished designer, she gained international notoriety when rumors on social media claimed that Jay Z might have cheated on his wife with her and she was the one Beyoncé was referring to in her song Sorry, in which she made mention of Becky with the good hair.

After his ex-wife was accused, Dame came out to slam Jay Z and Beyoncé for not stepping up defend Rachael when people accused her falsely.

Raquel M. Horn

• Date of Birth: N/A

• Occupation: Film producer

• Duration of Relationship with Damon Dash: 2015 – Present

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Damon Dash is currently reportedly engaged to American film producer Raquel M. Horn. The two began dating in 2015, and are currently expecting a child together. The two frequently post photos of each other on their respective social media platforms, and from the looks of things, their love and relationship only grows strong everyday.

Raquel is known to have produced the films – Honor Up, and The Bluroc Festival. She is also known to have been a part of Mafietta: Rise Of A Female Boss. While her filmography is short at the moment, the producer has not retired from the entertainment industr and as such, fans can expected more projects from her in the coming years.

He Has Four Children From Three Different Women

Damon Dash has four children – Boogie Dash who was born in 1991, Ava Dash who was born in 1999, Lucky Dash who was born in 2004, and Tallulah Ruth Dash who was born in 2008.

Damon ‘Boogie’ Dash II

• Date of Birth: November 28, 1991

• Place Of Birth: New York

• Occupation: Reality TV Star

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What some will find surprising is that even before his wife and Aaliyah, the entrepreneur had a son, also named Damon Dash, with another woman, Linda Williams. In 2011, Williams dragged Dash to court for failing to keep up with paying child support.

Damon Dash II, also known as Boogie, notably appeared on the WE TV reality series Growing Up Hip-Hop which debuted in 2015. Beyond his career as a  reality TV star, he is also an entrepreneur who has founded an art gallery in NYC, a record label and a cookie company called Chipz Cookies.

He appears to be close to his father who has served as a mentor to him and began teaching him business lessons from an early age.

Ava Dash

• Date of Birth: December 7, 1999

• Residence: Los Angeles

• Occupation: Philanthropist

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Ava, who was born 6 years before her parents got married, began her career as a philanthropist at the age of 15. She began by collaborating with the foot company ‘Ugg’ and the charity organization ‘The Teen Project’ to create foster-care places for young women from underprivileged background; several other companies also contributed to bring the cause to fruition. Ava Dash’s inspiration for philanthropy is fueled by her mother’s own philanthropic projects which include her work with the World Food Programme.

Beyond her philanthropic work, she is also an author; in 2019, she released a book titled 96 Words For Love which she co-wrote with her mother.

Tallulah Ruth Dash

• Date of Birth: May 14, 2008 

• Occupation: N/A

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Tallulah, who was born on the 14th of May, 2008, was Rachel and Damon’s second child together. Like her older sister, Ava, she has been living with her mother since her parents’ divorce as her mother won sole custody of the children.

Beyond the aforementioned information, not much is known about Tallulah Ruth Dash as her parents seem to keep her reasonably sheltered from the media. However, she appears to have a close relationship with her mother; she often appears on her mother’s Instagram and her mother is frequently seen taking her to premieres and other red carpet events.

Lucky Dash

• Date of Birth: 2004

• Occupation: N/A

Much like, Tallulah, there isn’t a lot of information available about Lucky online as he is still too young for the spotlight; and just like the young Lucky, there isn’t a lot of information available about his mother, Cindy Morales, as well. However, it is known that Lucky’s mother, Cindy, teamed up with Damon’s ex wife, Rachel Roy, to ask that the record executive to pay up the child support he was owing them.

Though he has a famous father, Lucky has successfully kept himself out the limelight. This is an applaudable feat that many celebrity kids have not been able to achieve. Apart from the limelight, he has also kept a low profile on social media.

Quick Facts

• He used to be Jay-Z’s business partner
• He had problems with his family members, his brothers Jeremy and Bobby.
• Dame was the last man to date, Aaliyah, before she died in a crash.
• He has three children, a son and two daughters.
• The man began from a humble background as a barber and selling newspapers.
• Dash was among the richest men in hip-hop at a time.